With CU Tax Exemption Challenged, Be Sure to Document Community Impact Work
When President Donald Trump was sworn into office on Jan. 20, a significant shake-up in federal policy was expected. A House Ways and Means Committee memo circulated by Republican lawmakers provides a 50-page list of potential options for budget reconciliation. One of the proposals reads, “Credit unions are exempt from federal income taxes on their […]
Employee Giving Campaigns Support Communities and Compliance
All banks in the United States must follow the Community Reinvestment Act (CRA) compliance requirements. On the other hand, credit unions are not forced to comply at the federal level (although a select number of states do require it at that level). However, they can still benefit from serving lower-income and historically disadvantaged communities for Community Development […]
15 Employee Engagement Strategies for 2025 + Real Examples
Your company has ambitious goals. Perhaps you’re preparing to launch a new product or expand into another market. Or, you might simply be aiming to increase your profits. No matter what you’re trying to accomplish, it’s your employees who help make it happen. That’s why developing employee engagement strategies is so important. Employee engagement powers […]
Corporate Volunteerism: A Quick-Start Guide to Success
Creating a healthy and dynamic workplace is easier said than done. If your company wants to strengthen its workplace culture and become an influential leader in its industry, there’s one key ingredient you’ll need: corporate volunteerism. In this guide, we’ll explore how you can fit corporate volunteerism into your business strategy and unlock its benefits. […]
Beyond Checkboxes: Turning CRA and CDFI into Community Game-Changers
The Community Reinvestment Act (CRA) for banks and Community Development Financial Institutions (CDFI) for both banks and credit unions can be about much more than just meeting regulatory requirements. If handled correctly, they present meaningful opportunities to drive a positive corporate culture while making a real difference in their respective communities. Banks Are Subject to […]
Dollars for Doers Programs: The Complete Guide + Examples
Your company may have employees who always arrive on time, take care of their responsibilities, and deliver results—but that could be the extent of their engagement at work. According to Gallup, 62% of employees worldwide are uninspired and doing only the bare minimum in their roles, undermining productivity and innovation. While there are many factors […]
11+ Best CSR Software for Impact, Engagement, and ROI
Innovative. Transparent. Socially responsible. These are just a few common words used to describe successful businesses in today’s society. What do the companies that embody these traits tend to have in common? For starters, they’re drawn to generating social change, not only profits. By launching a corporate social responsibility (CSR) program, your business can join […]
Employee Volunteering Resources for Company Leaders
Company Leaders who are looking to create a more satisfied and engaged team are turning increasingly to employee volunteering to accomplish that goal. Supporting your employees in their ability to give back is no longer a nice-to-have, now it’s expected. In fact, 71% of employees expect their employer to support their giving back initiatives. […]
