Skip to Navigation | Skip to Content

Filene: The Blog

Don’t Get Distracted by Donuts: Get Your 2017 Plan in Shape

Don’t Get Distracted by Donuts: Get Your 2017 Plan in Shape

We all have big dreams for what we will accomplish in the year ahead. Then life gets in the way and other priorities sneak up on us. And of course, there's "always next year." It's easy to let our goals slip when we don't have a good strategy in place to focus on what we need to do to accomplish them.

If you're feeling the year-end crunch with a list of things left undone, take comfort in knowing you're not alone.

>> Read more

Not the Time to Look Away

Not the Time to Look Away

If change is our only constant, then uncertainty is our atmosphere.

I don't say that to fear-monger or even to sensationalize current events in our industry. It's just that now is not the time for credit unions to turn a blind eye to change due to the uncertainty that may surround it. Now is not safe to say, "that's not our business, let's just focus on serving our members." Because what you do now, how you serve your members today, will impact who your members will be and how you will be able to serve their needs in the not-that-far-off future. 

>> Read more

Credit Unions, Thank You for Your Service and Leadership

Credit Unions, Thank You for Your Service and Leadership

Happy Thanksgiving everyone! At Filene, we decided to have a little fun this week and take a therapeutic crafting break to make some good old fashioned hand-shaped turkeys and remember what we're thankful for—yes, just like we did when we were kids. 

It helped pull us back into a different mindset and pace of life if only for a moment.

>> Read more

It’s Time to Put the Dragon to the Test

It’s Time to Put the Dragon to the Test

One of our core missions at Filene is to invite our members to “come play with us.” We stand on the edge of what there is and ask credit unions to help us see what’s next, what could be. Right now, one of the new concepts created by a team of credit union innovators through our i3 program is ready to come out and play in the marketplace. 

Are you in? Will you test this with us? Will you help lead progress in our industry? 

>> Read more

Emerging Markets: The Credit Union Intersection of Potential and Philosophy

Emerging Markets: The Credit Union Intersection of Potential and Philosophy

More than 50 million Americans are unbanked or underbanked. And for many others who already have access to traditional banking products, those offerings may not adequately meet the needs of their unique situations. 

While our for-profit cousins working at banks will primarily see emerging markets as new opportunities for profit, credit unions can see emerging markets as opportunities to bring fairly-priced financial services to those who are traditionally marginalized or overlooked.

>> Read more

Researchers in Cars Doing Roadtrips: A Test Drive

Researchers in Cars Doing Roadtrips: A Test Drive

On November 18 at the Money Talk Colloquium in Tucson Arizona, James Marshall and 2015 Idaho GAC Crasher, Brian Rich will interview Hope Jensen Schau and Ignacio Luri, researchers from our Millennial Money Chatter report. Not just any interview--this will be a "Researchers taking Roadtrips" experience -- driving through the University of Arizona campus while asking Crashers' questions and capturing insights from the researchers themselves about millennials' language and attitudes around finances.

We did a test drive this week just to make sure we had all our 'i's dotted and 't's crossed with the tech plan, and it was a really fun experiment. Come along for the ride with us, and comment with questions you'd like us to ask Hope and Ignacio!

>> Read more

Relive #BigBright Virtually; Join us for Money Talk

Relive #BigBright Virtually; Join us for Money Talk

Last week was a big darn busy week for Filene members!

We held our annual member meeting where we shared a report on the impact we've had over the past year because of your donation and belief in what we can do together in this industry. We hosted our biggest stakeholder event of the year, big. bright. minds, where we showed you what we've been working on over the past year, what we have planned for next year and covered a handful of wildcard topics to get our constituents thinking about the future.

>> Read more

Millennial Money Chatter: Money Sense For Us

Millennial Money Chatter: Money Sense For Us

You know FOMO and YOLO and adulting. You’re probably familiar with regifting. But what about degifting and frugle and debth? It turns out, that as we sort through our money, millennials are creating new language right alongside of it.

Why the need for the new vocabulary? Our generation is looking at money differently. 

>> Read more

Building Financially Empowered Youth; Our Future Depends on Them

Building Financially Empowered Youth; Our Future Depends on Them

Earlier this summer, Filene released a research report that examined a systemic problem we face in this country—the lack of accessible financial service options in many low-income, urban communities.

Aligned with this research, Summit Credit Union has found a few effective ways to change the financial course for young people that we’d like to share. 

>> Read more

Filene’s Stance on Proposed CFPB Small Dollar Lending Regulations

Filene’s Stance on Proposed CFPB Small Dollar Lending Regulations

After monitoring the ongoing conversation around the CFPB proposed regulations on Payday lending and other types of high cost installment loans, Filene takes a unanimous stance on the issue:

Research the proposed regulations, form an opinion, and submit a comment!

October 7 is the final day for credit unions and other institutions to let the CFPB know their thoughts, opinions, and concerns about the proposed rule.

>> Read more