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Banking /  • February 1, 2018
Money on the fly
Billions of dollars pour out of Canada every year in in remittance payments to countries around the world. Although credit unions are minor players in this area, recent initiatives indicate this is changing.

Remittance payments are a billion-dollar growth opportunity for credit unions serving ethnic communities.

Business / Finance /  • January 23, 2018
Small Loans Big Payback
Lending to new Canadians or promising startups helps give budding entrepreneurs a leg up while helping build long-term member loyalty.

New entrepreneurs rely not only on micro loans to get their businesses up and running but specialized programs and advice.

Community Development / Human Interest /  • January 3, 2018
Building Better Communities
Credit unions can take the lead on helping newcomers to Canada begin the difficult process of integration.

Credit unions can help new Canadians, who face many long-term integration challenges.

Marketing /  • December 6, 2017
Laws of Attraction
A major research initiative, spearheaded by the Canadian Credit Union Association, looked at ways to draw new members into the fold.

The Canadian Credit Union Association is looking at innovative and novel ways to attract new members into the system.

Human Interest / Risk Management /  • November 16, 2017
Trial by Fire
British Columbia credit unions' contingency plans were sorely tested this past summer as forest fires consumed 11,500 square kilometres of land by September.

British Columbia credit unions’ contingency plans were tested by a raft of forest fires this year.

Business / Human Resources /  • November 4, 2017
Leaks in the Talent Pipeline
Commercial lenders can be big money makers for credit unions, which makes these talented staff members recruitment targets for competing financial institutions.

Commercial loan portfolios are complex, challenging and profitable, with talented lenders sometimes being poached by a competing financial institution.

Community Development / Human Interest /  • October 12, 2017
Around the World in 70 Years
The Co-operative Development Foundation of Canada, which nurtures credit union growth around the world, celebrates its 70-year anniversary - and officially amalgamates with its long-time partner, The Canadian Co-operative Association.

The Co-operative Development Foundation of Canada has helped credit unions flourish in some of the world's poorest nations.

Banking / Marketing /  • September 28, 2017
Word Games
As the Office of the Superintendent of Financial Institutions put the kibosh on credit unions using the term "banking," throwing the system into an uproar, Martha Durdin, CEO of Canadian Credit Union Association, exercised diplomacy and the power of the people, compelling Ottawa to reconsider the edict.

The OSFI declared the word "banking" anathema to credit union branding.

Risk Management / Technology /  • September 13, 2017
Build that Wall
The Bank of Canada is calling upon the financial industry to take tougher measures to stop cyber attacks, considered a major threat to the Canadian economy.

Cyber attacks against financial institutions are a dire threat, sparking warnings from the Bank of Canada.

Technology /  • September 1, 2017
Dialling into Digital
Credit unions are working hard to meet members' demands for new, digital financial services.

Canada’s credit union sector is ramping up digital innovation to meet members’ demand for new financial products.

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