After ratification by members, Jackson Community Federal Credit Union will merge with BlueOx Credit Union on Jan. 1, 2018. In a statement released to CU Times, BlueOx Credit Union president/CEO Fran Godfrey said, “Smaller credit unions are increasingly...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
Employer-Sponsored Medical Plan Costs Expected to Rise 8.4%
Costs for employer sponsored-medical plans in 2018 are likely to rise 8.4% – nearly triple the projected rate of inflation, as global risk factors such as high blood pressure, physical inactivity and obesity increase, according...
CU Tax Exemption Intact, but Another Fight Looms
The House Wednesday cleared the conference report on the huge tax overhaul bill that preserves the credit union tax exemption, but the battle may not be over. Congress sent President Trump the tax bill, but congressional leaders already have warned that a so-called...
It’s a Good Time to Be in HR
Now is the time to be an HR professional – as the C-Suite is realizing just how critical the function is to the viability of the organization, according to Namely’s HR Careers Report 2018. “For those considering a career in human...
Choose Happiness in the Workplace
In my decades of working with CEOs, and in occupying the position myself, maximizing the CEO’s positive effect on the culture organization is always on my mind. We know that there is no “one size fits all” approach to leadership, yet I do see how...
Trump Administration Argues Mulvaney Is Proper CFPB Chief
Mick Mulvaney is the properly appointed interim director of the CFPB, Justice Department attorneys argued Monday. In documents filed in U.S. District Court for the District of Columbia, the attorneys asked U.S. District Judge Timothy Kelly to reject the argument of...