Jeff Newgard

📊 Discover the Power of CU Peer Benchmarking with CULytics! Staying competitive in today’s evolving credit union landscape requires more than just data—it requires insights. That’s where the CU Peer Benchmark comes in, offering credit union leaders a powerful tool to measure performance, identify growth opportunities, and make data-driven decisions with confidence. https://zurl.co/3F12 With CU Peer Benchmark, you can: -Key Metrics: Analyze your credit union’s performance against similar institutions to identify strengths and areas for improvement. -Gain Actionable Insights: Leverage in-depth benchmarking data to make informed strategic decisions that align with industry best practices. -Enhance Member Engagement: Discover how you can improve member satisfaction and engagement by understanding what works across the industry. Empower your credit union to reach new heights by taking advantage of these valuable insights. See here - https://zurl.co/3F12

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"Community banking plays an important role in fueling the local economy, according to Andrew Ryback, president and CEO of Plumas Bank." Learn more about how using community banks is "just like shopping locally" in this article from The Plumas Sun. #CommunityBank #SupportLocal #Community #Nevada #California https://lnkd.in/gNvNvKrb

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Is fintech posing a credible competitive threat to traditional banks? Ugh, yup here's an example. SoFi closed its acquisition of tiny Golden Pacific Bancorp in early 2022. Take a look at the bank's deposit growth as Sofi leveraged the potential of its now 9.3 million members. SoFi has vaulted to the 67th largest bank in the U.S. out of 4,000+ in that short amount of time. Strategy is solid - competitive strength is real. #banking #fintech #smarterbank Source: FDIC reporting

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Want to put the Gentle Monster philosophy into motion at your community bank? Read this amazing article from Chris Nichols and follow these five steps.

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📊 Data-Inspired Growth: Unlock Your Credit Union’s Potential with CU Peer Benchmarking - Q3 2024 Updated. Thriving in the credit union industry means harnessing the power of data to make smarter, faster decisions. With the CU Peer Benchmark, you’ll gain actionable insights to drive measurable success and impactful strategies. 🔑 How it works: 📈 Benchmark Your Performance: See how your credit union stacks up against industry peers. 🎯 Align for Success: Use detailed insights to fine-tune strategies and adopt best practices. 🙌 Amplify Member Impact: Gain clarity on what drives satisfaction and engagement. Your credit union’s next breakthrough starts here. Dive into the CU Peer Benchmark today: https://zurl.co/3F12 #CULytics #CreditUnionSuccess #BenchmarkingMatters #DataInsights

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The Consumer Financial Protection Bureau's Section 1033 "Final" Rule...maybe not so final quite yet? Love it or hate it, if you're a financial institution or fintech, you gotta learn about the Personal Financial Data Rights regulation, no matter what, says Laurent Van Huffel of OpenFinity. And then you need to get prepared for this next step in the Open Banking evolution if you're not already - no matter what your size. Van Huffel and co-founder Laura Heritage's industry nonprofit recently hosted a plethora of presenters on the topic during a marathon, every-angle-discussed, two-day online teach-in on this landmark new consumer data use/protection rule. We share many of the key facts and recommendations - and even one particularly juicy quote - from experts and critics on all sides of the issue. One thing is abundantly clear from all of them: Waiting to act is not a good strategy. Read about it in Finextra: #openbanking #1033 #dataprotection #futureofbanking

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💰💰💰 Is your #creditunion overpaying for #employeebenefits that don’t measure up? If you’re looking to maximize the impact of your benefits program without breaking the bank, it's time to rethink what’s possible. CU Benefits Alliance has helped #creditunions like Mid Oregon Credit Union save up to $1 million while enhancing the quality of their benefits. Imagine reallocating those savings to fuel your credit union’s growth and innovation! For more info about The Alliance and to see whether your credit union qualifies for membership, visit: https://lnkd.in/eGqivY4f #cudifference #creditunionsrock

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There's still time to register for this new webinar series, Safeguarding Your Credit Union’s Future, from CUNA Strategic Services. This monthly webinar series will take on the hot topics in the movement and connect you with alliance providers who can help you safeguard your #creditunion against threats and bridge the gaps that prevent your credit union from growing and thriving. Join CSS and ADVANTAGE, powered by JMFA on May 30 to hear from expert panelists on the future of overdrafts amid heightened competition as they discuss the challenges and opportunities facing credit unions and address topics including regulatory expectations, evolving consumer needs, and strategies to preserve revenue. Register: https://hubs.li/Q02wQLQx0

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Our relationship with you is built on respect, honesty, and fairness. At AGD Bank, integrity isn’t just a value—it’s the foundation of every interaction. We are committed to being your trusted financial partner, every step of the way. Learn more about our commitments at: https://bit.ly/3AkjCJW #IntegrityMatters #CustomerFirst #AGDCommitments #TheBankThatGrowsWithYou

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In our latest "With Flying Colors" episode, I sat talk with former #NCUA veteran and Expert Todd Miller to discuss building effective ALCO governance structures in credit unions. Whether you're running a small or large credit union, we break down essential components of committee charters, dive into the evolving role of ALCO in comprehensive risk management, and explore best practices for committee composition. Check out the full episode via the link in the first comment below. #CreditUnions #RiskManagement #Leadership

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You can help Roti Bank in various ways: 1. *Donate Food*: Prepare and donate excess food to Roti Bank branches. 2. *Volunteer*: Join Roti Bank as a volunteer to help with food collection, distribution, and other activities. 3. *Donate Funds*: Support Roti Bank financially to help them expand their reach and operations. 4. *Spread Awareness*: Share information about Roti Bank's mission and impact to inspire others to join the cause. 5. *Partner with Roti Bank*: Collaborate with your organization or business to support Roti Bank's initiatives. 6. *Donate Resources*: Provide vehicles, utensils, or other necessary resources to aid their operations. Every bit of support counts, and together we can make a significant difference in reducing hunger and food waste! #अखिल_भारतीय_रोटी_बैंक_ट्रस्ट #rotibankvaranasi #raushanroti #rotibankvns #AIRBT #HungerHeroes

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🚀 Unlock Your Credit Union’s Potential with CU Peer Benchmarking – Q3 2024 Update! In today’s dynamic credit union industry, leveraging data is the key to smarter, faster decisions. The CU Peer Benchmark equips you with actionable insights to drive impactful strategies and measurable growth. 🔍 What you’ll gain: 📊 Benchmark Your Performance: Discover how your credit union compares to industry peers. 🎯 Fine-Tune Strategies: Align with best practices using in-depth insights. 🙌 Amplify Member Impact: Understand what drives satisfaction and engagement. Your next breakthrough starts here. Explore the CU Peer Benchmark today! 👉 https://zurl.co/3F12 #CULytics #CreditUnionSuccess #DataInsights #Benchmarking

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A driving factor in the growth of Same Day ACH payments is the ACH Network’s firm establishment. ACH is ubiquitous, and businesses and consumers are familiar with it. Unlike some of the newer real-time payment rails, virtually all FIs are connected to ACH, facilitating money movement regardless of the customer’s bank. “If you’re a business and you haven’t dipped your toe in the faster payments waters yet, start with what you’re familiar with, which is likely to be ACH,” Michael Herd, Executive Vice President of ACH Network Administration at Nacha said. “Same Day ACH is just a faster form of what you already know. It’s the same system and the same processes. You will have to adapt to the faster settlement of funds, but ultimately there’s a much lower barrier to entry.” Read more: https://lnkd.in/e3hiv_g2

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