A Direct Line Blog

By Donya Parrish

It is no secret that one of the valued strengths of the credit union movement is the sharing, help, and support that credit unions provide to each other. Those that come from the banking world are often shocked to learn that a CEO might tell a competitor how they did something or offer to send their policy over to see. We all know it is just part of the “People Helping People” philosophy that is also extended to members daily, and it is an aspect of working for credit unions I am proud to tout to those I know.

This week, credit unions across Montana had the privilege of a personal guided tour of the new CUNA Small Credit Union Community. Mike Schenk, VP Research & Policy Analysis with the Credit Union National Association, took the time to overview this valuable online tool that allows credit unions to share resources, ask questions, and have access to their peers, no matter how far away they are.

Mike noted that the community is a replacement to the former list serve that was available to small credit unions. Many were not using the list serve, and they can be a cumbersome way to fill your inbox without providing as much value. He also said that in his work as CUNA’s liaison to the small credit union committee he has learned two very important lessons– members love their small credit unions, and engaged credit unions are more successful.

So, if you are interested in joining the Small Credit Union Community, please do so. For access to the 35-minute webinar, watch it here. We are happy to help you find the amazing resources he noted, including the Five To Thrive paper that is intended for strategic planning, and the peer financial comparison file that you can customize. Also, if you are worried about the size of your credit union and whether it is the right place for you, don’t be. The community is for all and there is no strict limit to those able to participate.

Let us know if you need any assistance and we’ll see you out there!