by Brian Pillmore | Jul 1, 2023 | Brian's Blog
Credit unions—mutual, cooperative, and tax-different—steer clear of traditional shareholder models. They prioritize consumers, lending mostly to individuals rather than companies. But will this shield them during a banking crisis? Owned by their members, they operate...
by Brian Pillmore | Jun 28, 2023 | Brian's Blog
Can you sense the current economic crisis coming on? Build Your Social Capital! You must be asking, “What’s social capital?” In times of economic crisis, one of the most valuable assets you can possess is a strong network and ample social capital. Your...
by Ken Chase | May 11, 2023 | Banks, News
The Federal Reserve released two separate reports this week that point to continuing financial risks for U.S. economic growth throughout 2023. The reports suggest that an acceleration of tightening lending standards and a contraction in credit could contribute to an...