Posts By: Amanda Reed

Co-op Solutions Raises Nearly $30,000 for CMN Hospitals and NCUF Through Presidents Cup Sponsorship

September 28, 2022 – Co-op Solutions announced that the company and its credit union partners raised nearly $30,000 for charity by donating the proceeds from its 2022 Presidents Cup Golf Tournament sponsorship and reactivating its #shadesupFOREkids social media initiative. A total of $16,100 was raised for Credit Unions for Kids, the industry’s charitable arm in support of Children’s Miracle Network Hospitals.… Read more

ValleyStar Credit Union expands partnership with PSCU

September 20, 2022 PSCU, the nation’s premier payments credit union service organization (CUSO), has announced it has expanded its partnership with ValleyStar Credit Union (ValleyStar). In addition to support services for credit, the CUSO will now also provide debit processing support for the credit union.

Founded in Martinsville, Virginia, in 1953 to serve nylon plant employees, ValleyStar currently operates in 44 counties and cities throughout Virginia and North Carolina.… Read more

August spending trends: Inflation dampens consumer spending

September 20, 2022 – With regards to the economy, it continues to be a “Tale of Two Cities.” Job growth remained strong in August, with non-farm payrolls rising 315,000, near consensus estimates. The unemployment rate climbed slightly to 3.7% for the month. Yet the biggest economic concern for consumers remained a stubbornly high inflation rate, which rose by 8.3% in August despite falling gas prices.… Read more

What to consider for your 2023 marketing budget plan

By: Kenna Smith, VP, B2C Marketing, PSCU

It’s that time of year when marketing teams begin reviewing how to develop the budget ask for the upcoming year. It can be a hard needle to thread, as you must consider the balance between what works every year with the need for your financial institution to stay competitive in the market.

Often, when organizations work on marketing budget decisions, they look at what is a “must-have” versus a “nice to have” and plan accordingly.… Read more

How to stay ahead of the digital curve

Credit Unions That Don’t Include Wealth Management as Part of Core Offering Risk Losing Members

By: Justin Steitz, Chief Operating Officer

While credit unions were once known for dragging their feet amid the ongoing digital transformation of financial services, the pandemic changed that dramatically. Today, digital has become table stakes for credit unions, which have always been known for their member-first focus and mentality.… Read more