The Metropolitan Area Credit Union Management Association (MACUMA) recently contributed to the Capital Area Food Bank.  The Capital Area Food Bank leads the region’s efforts to provide good, healthy food to people struggling with hunger and food insecurity.  Every year the Capital Area Food Bank sources and distributes more than 45 million meals in the

MACUMA Schedule Update

MACUMA has enjoyed many years of successful educational conferences with our valued members and partners. With that being said, after weighing the growing concerns surrounding the coronavirus (COVID-19), it is with great care and concern for all of you, that we have made the difficult decision to postpone our One Day Lending Mini-Conference and the

Slusher to Receive MACUMA Affiliate Lifetime Achievement Award at Annual Leadership Conference

Washington, DC (August 28, 2019)—The Metropolitan Area Credit Union Management Association (MACUMA) announces the recipient of its first annual Affiliate Lifetime Achievement Award: Mr. John Slusher, Retired Vice President-Sales, CUNA Mutual Group. The induction ceremony will take place at the association’s Annual Leadership Conference on September 25 in Bedford, Pennsylvania. John Slusher joined CUNA Mutual

DiMatteo to Receive MACUMA Credit Union Lifetime Achievement Award at Annual Leadership Conference

Washington, DC (August 2, 2019) – The Metropolitan Area Credit Union Management Association (MACUMA) announces the recipient of its ninth annual Credit Union Lifetime Achievement Award: Mr. Don DiMatteo, chairman of the Board for Money One FCU. DiMatteo was nominated due to his significant contributions to the credit union industry throughout his distinguished career. The

Why you should hire candidates who are “a little bit unqualified”

By Fast Company For companies large and small, employees are the driving force behind every success. For managers, their most important decisions are who they select for critical roles or assignments. This is the reason HR organizations, hiring managers, and business owners spend mountains of time and energy recruiting, interviewing, and screening candidates. We probe,

Payments technology trends to watch in 2019

As we head into 2019, all signs continue pointing towards a more digital future in payments. A report from earlier this month found that 29 percent of Americans now make zero weekly purchases with cash, with the percentage of people who use cash for everything dropping from 24 to 18 percent since 2015.[1] Given that my

Monitor these data points for improved credit union growth & service

In today’s highly competitive environment, credit unions cannot rely solely on growing new account openings to stay ahead of the competition. The truth is, community institutions are extremely adept at retaining members once they come in the door. In fact, the majority of account closures result from elements beyond the institution’s control (such as job

Interest Drives Q3 Gain for Top 10 Credit Unions

The nation’s largest credit unions had a strong increase in third-quarter net income with higher margins from interest and lower provisions for losses. A CU Times analysis of the latest NCUA call reports shows the top ranked credit unions generated $778.1 million in net income in the three months that ended Sept. 30—20.1% more than

Michigan Gives OK to Credit Union Trust

Michigan regulators have approved the formation of Credit Union Trust, a special purpose bank that will allow a group of seven credit unions to provide investment and trust services directly to members, its organizers announced Monday. While credit unions routinely provide a range of wealth management services for their members, they were unable to directly

2019 Slate of Nominees and Notice of Annual Business Meeting

The MACUMA Annual Business Meeting is scheduled for Thursday, December 13, at 5:00 pm at the Key Bridge Marriott in Arlington, Virginia. At the meeting, the following slate of nominees will be presented to the membership to begin/continue three-year terms on the MACUMA board of directors: Stephen Harrell (renewing term), Lafayette FCU Bill Hawkins (renewing