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Financial services media outlets frequently look to Cornerstone subject matter experts for insights and analytics on current industry issues.

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credit union

The biggest credit union gets even larger

Navy FCU's positioning with the military undoubtedly gives it a competitive advantage against other credit unions and banks, said Vincent Hui, managing director at Cornerstone Advisors.

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Interchange Legislation a ‘Bad Idea’ for CUs, Members & Businesses

The report published by Cornerstone Advisors found debit card routing mandates have “brought ongoing negative impacts” despite exemptions in the law for smaller credit unions and financial institutions. The report also added that “expanding mandates to credit cards would further compound the problem.”

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How to Manage the Credit Union Technology Resource Shortage

Cornerstone Advisors’ Partner Brad Smith and VPCtech’s Partner David Van Pelt discuss ways to solve technology resource shortages.

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HR Answers: How AI can help ease the credit union staffing squeeze

While no two credit unions are alike, there is one thing they all have in common: challenges with recruiting and retaining staff. Attracting qualified talent is a top concern today say 67% of bank executives and 63% of credit union executives, according to a survey by Cornerstone Advisors.

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Small Pittsburgh credit union gets a $1 million boost from a bank

Vincent Hui, managing director at Cornerstone Advisors, said that the partnership is "very intriguing" as banks and credit unions don't often collaborate. "Such assistance is a nice option for small credit unions," he said.

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Amid fears of recession, credit unions predict strong lending in 2023

Vincent Hui, managing director at Cornerstone Advisors, said 2023’s loan activity will trail last year’s in part because many credit unions are close to being lent out on member business loans and/or are worried about concentration risk.

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Digital-only Alliant Credit Union overhauls account-opening

"There's very few implementations of an omnichannel solution that are done big bang, [but rather] they're almost always implemented piece-by-piece," said Jim Burson, managing director at Cornerstone Advisors.

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6 Strategic Imperatives for Credit Unions in a Digital-First World

The largest U.S. banks are investing in technologies that aren’t yet on the radar of many smaller banks and credit unions, according to Cornerstone Advisors.

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