Be sure to watch the entire interview below the show notes for all the details.

CUES Products & Services Manager Laura Lynch and Industry Insights SVP Scott Hackworth stopped by the show to share findings from the 2022 CUES Executive Compensation and CUES Employee Salary Summaries.

Laura and Scott discussed what this report covered in regards to executives’ and employees’ salaries: compensation packages, how many folks surveyed, what positions, etc.

They also pointed out compensation trends that were discovered, any changes from this time last year, as well as any surprises.

Some of the key findings included:

• A credit union’s asset size was the leading influencer on compensation levels.
• The top four factors leading CEO bonuses were earnings, board evaluation, loan growth, and membership growth.
• Median total compensation increased by up to 14.9%.

Lastly, they addressed how credit unions can use this information to attract and retain top talent.

Check it out and let us know your thoughts. And be sure to watch the entire episode for all the details.

Be sure to watch the entire episode below the show notes for all the details.

Former CUNA Chief Advocacy Officer Ryan Donovan joined us on the show to share the big news about his next career move as the Council of Federal Home Loan Banks' new President/CEO. These moves are always bittersweet, as it's sad to say good-bye, but, at the same time, you couldn't be more happy for one's next adventure in their career.

This scenario is certainly true of Ryan. He is not only colleague and friend to everybody he comes across, but he's a true advocate of credit unions and its altruistic mission of people helping people. So, naturally, we had to have Ryan on the show to get the details of his new role at the Council of Federal Home Loan Banks (FHLBanks).

For starters, we had to ask him what exactly is the Council of Federal Home Loan Banks -- as well as responsibilities in his new leadership position as President/CEO. Fortunately, this organization works with credit unions. So Ryan will not stray too far from the industry and will still visit from time to time.

We then switched gears and discussed his time at CUNA, where you spent nearly 15 years (since 2007) first as Executive Vice President and most recently Chief Advocacy Officer. Ryan shared some highlights during his time there and a few accomplishments, categorizing his CUNA experiences into three buckets.

He also talked about what he will miss the most about CUNA, working so closely with credit unions on a daily basis and what advice he would you give the next Chief Advocacy Officer.

A very candid talk with Ryan, of course, and we wish him all the best in next career move. Enjoy our conversation and let us know your thoughts. And be sure to watch the entire interview below for all the details.

Be sure to watch the entire episode below the show notes for all the details.

Zarina Tsomaeva, Founder and Chief Executive Officer of Loquat, and Rao Wu, Acuant (a GBG Company) Senior Director, Global Alliances, discussed why Loquat chose to work with Acuant to automate and fortify anti-money laundering compliance for its banking-as-a-service platform, In addition, Zarina and Rao talked about how their partnership offers credit unions end-to-end compliance while accelerating their onboarding and trust-building efforts.

Here are some of the items covered in this talk:

• Overview on how the two companies work together to benefit credit unions in this area
• Key challenges facing local credit unions serving small businesses in their communities, as digital onboarding becomes the industry standard for credit unions and their members
• What’s at stake for small business members during this current period of economic uncertainty
• Why local credit unions are well suited to provide services that help to keep these small businesses running
• How much of an uphill battle is it right now for credit unions to work in an exclusively digital way to acquire and onboard small business and other members
• Fraud risks credit unions are at risk for as they work to onboard small business accounts
• Best practices on strategies credit unions can use to serve their small business members

Check it out and let us know your thoughts. And be sure to watch the entire episode below for all the details.

Be sure to watch the entire interview below the show notes for all the details.

CU Strategic Planning’s Chief People Officer and Co-founder Ronaldo Hardy joined us on the show to share the launch of
CU Strategic Planning's DEIBA offerings to credit unions -- including its new Board DEIBA Institute. But you may be asking yourself: what does "DEIBA" mean?

You probably recognize DEI (Diversity, Equity, Inclusion), but the BA has been included —which stands for Belonging and Accessibility. And, according to Ronaldo, and many other experts, you can't have DEI without the BA -- Belonging and Accessibility.

Ronaldo shares with us the concepts and values behind these letters and what they mean for credit unions moving forward in today's evolving workplace cultures.

Subsequently, he discusses CU Strategic Planning launching its new Board DEIBA Institute. Why they created something like this for credit union boards, what they look to achieve, where can folks find out more about it, etc.

Check it out and let us know your thoughts. Be sure to watch the entire episode with Ronaldo below for all the details.

Be sure to watch the full episode below the show notes for all the details.

Trellance’s Product Manager, Data Science/Predictive Analytics Jeff Johnson stopped by the show to share his insights and expertise on the many benefits of conducting predictive analytics in the cloud -- taking something that already very cool (predictive analytics) and making it that much better.

Jeff provided an overview of predictive analytics in the cloud and what that looks like for credit unions, explaining the distinct advantage to having this data in the cloud.

He also shared with us how credit unions can leverage this type of analytics (in the cloud) effectively, providing some examples to illustrate real-world usage.

And, lastly, Jeff addressed thee importance predictive analytics in the cloud for credit unions today.

Check it out and let us know your thoughts. Be sure to watch the entire interview below for all the details.