Co-operatives UK’s Post

Learn about the financially inclusive provisions ICMIF member OneFamily has introduced in response to the cost of living crisis in this blog from their CEO, Teddy Nyahasha for our friends at Co-operatives UK. 

In the ever-evolving financial services industry, Credit Unions hold a unique place, cherished for their trust and value by members and the broader Irish society. But how do they adapt and modernise to meet the demands of the next generation? 🎥 Dive into our latest video featuring Neil Hosty discussing the critical challenges and opportunities facing Credit Unions today. This insightful video is a must-watch for anyone in the Credit Union sector seeking to understand the evolving landscape and the role of innovative, collaborative solutions like Metamo in helping to shape the future. #CreditUnions #FinancialServices #Innovation #Metamo #CommunityBanking #FutureOfBanking Denis Cleary Ciara Prendeville Tony Wyley Clare Keely Lydia Walker QFA Elizabeth Coen Benita McMahon Alan O' Connor Lorraine Kenny Dominic Casey Caroline Sugrue Clive Davis Adrienne Harrington Vincent Kenrick

Credit unions provide financial products and services; chequing, savings, investments, and loans...the full meal deal. But Unlike banks, we are a financial co-operative; autonomous, self-help organizations controlled by our membership. Real people like you, versus stakeholders. Education is the heart of how we do business, providing education and training for our membership, elected board members, and our employees. Going above and beyond by utilizing credit unions "Each One Teach One" program training in-house facilitators to work on building financial literacy within our communities. Just two more of the 7 Co-operative Principles that make banking at a Credit Union special. Grow With Us. . . #CooperativePrinciples #Cooperatives #FinancialLiteracy #CreditUnionDifference #GrowWithUs #VermilionCreditUnion #VermilionAlberta

“I have a quote above my desk: ‘Making the simple complicated is commonplace. Making the complicated simple is creativity.’ We continue to strive to help our credit union clients make the complicated simple -- to be creative and continue to deliver all the good things that they do.” A quick reminder from our CEO, Michael Macchiarola #creditunion #creditunions #oldenlane #creditunionsrock

Strategic decision-making and disciplined action is key to achieving excellence. With credit unions, this can mean innovating member services, focusing on community impact, and ensuring financial stability. As we navigate through challenges, let's remember that our choices and dedication shape the future of our institutions. Let's choose greatness through conscientious leadership and steadfast commitment to our members. #LeadershipWisdom #CreditUnionGrowth #StrategicPlanning

Credit Unions face ongoing challenges with traditional profit sources due to rising liability costs and diminishing asset returns. New nonfinancial competitors are encroaching on the market, while member service costs approach zero. To make informed decisions, credit unions must grasp member, product, and channel profitability. Bhavesh Shah, VP of Data Management Strategy, details how Kinecta Federal CU addressed this by unveiling a robust in-house profitability system in this webinar: [https://zurl.co/in3K].

👥The Human Touch: Why Credit Unions Matter More Than Ever ❤️ In a world dominated by large financial institutions and digital banking, credit unions are often overlooked. Capital Credit Union discussed the important role credit unions play with Martin Whitfield, Labour MSP for South Scotland Region. 💬“With their emphasis on community, empathy, and empowerment, credit unions like Capital Credit Union are not just financial institutions; they’re beacons of hope in an increasingly impersonal world,” said Martin. #CreditUnions #CommunityEmpowerment #FinancialInclusion Read more in our blog post https://lnkd.in/emVRUcb3

Catch our Vice President, Kayla Pelland, and our Dir. Sales & Marketing, Alesondra Mora, at American Association of Private Lenders’ 14th Annual Conference this upcoming Sunday and Monday! Prepare to dive deep into the latest private lending trends, connect with leaders in the industry, and discover innovative solutions that will help you shape your future in finance! #AAPLConference #privatelenders #lasvegasnetworking #hardmoney #lasvegas #privatelending

The Credit Union Difference As we navigate today’s complex financial landscape, it's crucial to choose a financial partner that aligns with our values and needs. Did you know that credit unions offer a unique advantage due to their member-focused structure? Unlike traditional banks, credit unions are member-owned, which means they work for you – not shareholders. When you bank with a credit union, you're not just a member; you're an owner with a voice in how the institution operates. This democratic approach ensures better rates, lower fees, and a commitment to personalized service. Bank with a credit union to experience the difference that puts your financial well-being first. #CreditUnionDifference #FinancialWellbeing #MemberOwned #PathwiseCreditUnion

OUR VISION: To be a transformational and growth-oriented credit union that provides its members with opportunities to achieve and sustain financial independence. At The Edge Credit Union, we are dedicated to empowering our members with the tools and resources they need to thrive. Our vision is to create a supportive environment where financial independence isn't just a goal, but a reality. OUR VALUES: - Integrity: We uphold the highest standards of honesty and transparency. - Sustainability: We focus on long-term growth and responsible financial practices. - Community: We build strong connections and foster a sense of belonging. - Passion: We are driven by our commitment to empower our members. - Excellence: We strive for superior quality in everything we do. Join us in our journey to achieve financial independence and make a lasting impact in our community. #FinancialIndependence #CommunityImpact #TheEdge #CreditUnion #Values 💪 Together, let's build a brighter future! 💪