New Free Resources from Tim Harrington of TEAM Resources

New! Free Resource

Digital Self-Audit Questionaire

We've added a new free resource!

Check out our Free Downloads page of the website. We recently added the Digital Self-Audit Questionnaire. You can use this useful tool in a variety of ways to find out how digital-ready you are to take on this challenging climate.

One way to do this is to distribute the questions to all of your participants ahead of time and have them bring their answers to your session. Then you can "calibrate" your scores and find out how synched your team is, where there is alignment and where there needs to be a discussion before action.

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TEAM Building from TEAM Resources

Now is NOT the time to

forgo developing your teams and creating a more trusting and interdependent group!

Your teams are under stress and operating under extraordinary circumstances. This is all the more reason to take a collective breath and make sure they have the tools they need to understand and count on each other. You can maintain morale and increase engagement. And yes, you can do this effectively with online tools! (And it's far better than building towers out of straws and masking tape.)

We are endorsed by Paradigm Personality Labs to use the WorkPlace Big 5 Model of assessments to give team members a better understanding of each other and of how the group can interact under any circumstances.

Coming Soon:

The May Blog: How to Spot a Board in Trouble
New Board Governance Video Series episodes
Expanded online training content and videos, including options for understanding credit union financials (one of Tim's particular specialties)

While you wait, check out our most recent Board Governance Video:

How are you Adapting?

SEE MORE

Tim Harrington, CPA

CEO, TEAM Resources

Kevin Smith

Consultant/Publisher, TEAM Resources

www.forteamresources.com

Comments

Why Avoiding "I" in Marketing Presentations Matters

Grant Sheehan, CCUE | CCUP | CEO NCOFCU You know how things just stick with you? Well, many years ago, my marketing professor started off his class with the following, and it has never left me. The Power of Perspective: Why Avoiding "I" in Marketing Presentations Matters In the world of marketing, effective communication is paramount. One valuable piece of advice that often comes from experienced instructors and industry veterans is the importance of avoiding the use of the word “I” in presentations and reports. At first glance, this may seem counterintuitive; after all, many individuals feel that personal anecdotes and experiences can enhance a message. However, upon deeper reflection, the reasoning behind this approach reveals itself as essential for achieving impactful communication. Building Objectivity When marketing professionals present their findings or insights, it’s important to establish credibility. Utilizing data, surveys, and feedback from cu...

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Open Banking To Hit $94B By 2029—But U.S. Lags Amid Global Surge

NEW YORK—By 2029, open banking is projected to surge globally to a staggering $94.14 billion in value. Yet despite its rapid evolution and expanding global footprint, adoption remains uneven—hindered by inconsistent regulatory frameworks across countries. According to GlobalData, this disparity poses a key challenge for the sector’s success, with the U.S. notably trailing behind global peers in embracing open banking. The U.K. pioneered open banking and continues to be one of the leaders globally. The country has seen the number of users increasing, with there being 12.09 million active users of open banking in 2024 and 223.9 million payments made. This is an increase of 72% compared to the year before. “As open banking continues to flourish, it is positive to see that the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) have outlined how open banking can expand further in the U.K., and also be used in variable recurring payments and e-commerce. With this move,...

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Agencies Issue Exemption Order To Customer Identification Program (CIP) Requirements

WASHINGTON--The Federal Deposit Insurance Corporation, the Office of Comptroller of the Currency, and NCUA, with the concurrence of the Financial Crimes Enforcement Network, issued an order Friday granting an exemption from a requirement of the Customer Identification Program (CIP) Rule implementing Section 326 of the USA PATRIOT Act. The CIP Rule requires a bank or credit union to obtain taxpayer identification number (TIN) information from its customer before opening an account, and the exemption permits a bank or credit union to use an alternative collection method to obtain TIN information from a third-party rather than from the customer, the agencies stated in a joint release. The order applies to accounts at all entities supervised by the agencies. "Since the CIP Rule was issued initially in 2003, there has been a significant evolution in the ways consumers access financial services, along with a rise in reported customer reluctance to provide their full TIN due, in part, to...

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Letter to Federal Credit Unions (25-FCU-02) Federal Credit Union Post-Examination Survey

Letter to Federal Credit Unions (25-FCU-02) Federal Credit Union Post-Examination Survey Dear Boards of Directors and Chief Executive Officers: The NCUA has been using a voluntary post-examination survey for examinations of federal credit unions since 2021. This feedback is very important and helps the NCUA evaluate our examination processes; credit unions have used the open-ended questions to submit numerous useful suggestions. To further improve the survey process, the NCUA has arranged to have the post-examination survey administered by an external vendor. The external vendor will begin administering the survey starti...

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Sunday Reading - What is the Declaration of Independence?

What is the Declaration of Independence ? The Declaration of Independence is the founding document that formally announced the American colonies' break from British rule. It laid the philosophical and moral foundation for American democracy, asserting that individuals possess inherent rights and that governments must be accountable to the people ( read summary here ). Although Thomas Jefferson is often remembered as the sole author ( read initial draft ), extensive collaboration shaped the Declaration. Benjamin Franklin and John Adams made small but impactful revisions— including Franklin’s reported suggestion to change “We hold these truths to be sacred and undeniable” to “self-evident”—before submitting the draft to Congress. On July 4, 1776, the final text was adopted and sent to printer John Dunlap, who produced an estimated 200 broadsides that night—but that wasn’t the actual day of American independence . Congress had voted for independence two days earlier, ...

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