Highlights from "Navigating the Legal Minefield: Critical Legal Issues Every SMB CFO Manages"

Vendors are pitching stablecoin programs to community banks and credit unions — the TruStage TSDA coin being the most visible example aimed at our industry. Before committing, it's worth understanding the quieter, more deposit-friendly alternative regulators recently put on firmer footing. Here is the choice in plain terms.

10 Essentials for Credit Union Leaders Heading to the Annual Governmental Affairs Conference

Navigating the CFO and Financial Staffing Crisis in Credit Unions

For credit union CFOs, the challenge isn’t just choosing the “right” technology. It’s aligning technology investments with financial discipline, member trust, and long-term strategy.

The Top 10 Effects of OBBB Tax Law on Small Businesses

by Tim Smith, CPA Credit Union Practice Leader Stablecoin: A Strategic Imperative for Credit Union Leaders The financial landscape is evolving at an unprecedented pace, and at the heart of this transformation lies the emergence of stablecoins. For credit union leadership, understanding this nascent technology isn't just about staying informed; it's about safeguarding your institution's future profitability and relevance. Stablecoin, digital tokens typically pegged to fiat cur

by Gardner Oleson, CPA Technology and General Business Practice Leader In today’s fast-paced tech landscape, CFOs and CEOs of startups and small firms rely on financial analytics to transform raw data into strategic insights. By integrating dashboards, scenario planning, and real-time KPIs into your finance function, you can make faster, smarter decisions that unlock growth. Here are some key points to consider. REAL-TIME DASHBOARDS & KPIs Consolidate data from accounting sys

Recently, Jack McCullough, CFO thought leader, author, Founder and President of The CFO Leadership Council, and member of Charles River CFO’s Advisory Board, presented his perspectives for 2025 to our team. 1. Economic Landscape and Policy Outlook CFO optimism is rising with confidence projected to reach 2021 levels (StrategicCFO360). Pro-business policies at the federal level including lower corporate taxes and deregulation may boost growth. Global trade risks persist and su

Join us for an enlightening webinar explicitly designed for senior executives and leaders in the credit union sector.

Three Key Challenges for Review this Fall As we approach year-end insurance renewals, it's crucial to review three important areas: Directors and Officers (D&O) insurance, clinical trial insurance, and cyber insurance. Early planning ensures your firm is prepared for upcoming changes and challenges. 1. Directors and Officers Insurance D&O insurance has experienced substantial changes since 2020. According to S&P Global, premiums increased by 38% in 2021 and 41% in 2022. Whil

With last week's solstice announcing summer, some adhere to tradition by leaping over bonfires for protection throughout the year. However,

A Strategic Move for Credit Unions In today's dynamic business landscape, credit unions face a multitude of challenges, from regulatory changes and slowing of membership growth to technological advancements. One such challenge that often arises is senior-level staff attrition. As experienced executives retire or move on to other opportunities, credit unions must find innovative solutions to maintain financial stability and strategic direction. One effective strategy is levera

Seven areas of expertise an insightful CFO brings to a small business.

As a CEO, the decision to hire a Chief Financial Officer (CFO) is pivotal in shaping your company's financial trajectory and overall success. When interviewing a potential CFO candidate, consider their professional experience, strategic outlook, and vision for the role. Here are five key topics to raise in an interview and what to anticipate from their responses: 1. Professional Experience and Track Record: Look for a seasoned CFO with a robust background and a track record o

5 Challenges Faced by New Credit Union CEOs and Their Board of Directors In the midst of a talent drain, the credit union industry is witnessing a wave of senior executives and board members stepping down. This shift presents a unique set of challenges for incoming CEOs and their respective boards. Here, we delve into five key challenges these new leaders must navigate. 1. Addressing Examination/Audit Results Incoming CEOs are immediately thrust into the spotlight during exam

Charles River CFO, is proud to announce the launch of its CEO Executive Advisory Services, designed specifically for Credit Unions and Community Banks. With financial institutions facing unique challenges in today's dynamic finance environment, this service aims to provide seasoned expertise and strategic guidance tailored to their specific needs. Charles River CFO's Executive Advisory Services are designed to foster effective board leadership, improve CEO performance, and of

There’s a reason your numbers aren’t quite right . . . But what is it? Talent? Technology? Processes? Or maybe a combination of all three? Charles River CFO's financial experts know where to look to uncover accounting trouble spots. With a financial and accounting assessment, you get a thorough, objective, third-party review that tells you exactly what’s going on with your numbers, plus detailed, actionable recommendations to get you back on track. The solution begins wi

We want to share some tips and strategies for employee engagement and talent acquisition.

As a CFO, the work and worries never stop. In my experiences, these are some of the areas that I found myself thinking at night.