It’s no secret that community-based financial institutions are experiencing significant growth, leading to higher net interest margins, increased loan growth rates, and improved return on asset ratios. However, this growth comes with economic uncertainties and concerns about a potential recession. Executives are tasked with balancing this growth while maintaining operational efficiency and optimizing talent management. Credit unions also face the challenge of staying true to their core mission of “people helping people.” Let’s explore how Mago by Shastic  can become an indispensable part of your banking staff and address your current full-time equivalent (FTE) challenges.

Continue reading “How Shastic Can Help Your FI Scale and Maintain Margin”


Are you offering the best possible journey for those borrowing from your credit union? While your institution may boast an efficient digital banking platform, it’s essential to ask: Is this enough to not only attract but also retain members?

Continue reading “Elevating Member Experience: Removing Roadblocks and Speed Bumps From Your Lending Journey”


You would have to live under a rock to have missed the news about AI. Between rhetoric about the end of the world, AI coming for your jobs and the boom to economic growth it’s hard to know where to turn for facts. Manual knowledge work that once defined our industry is becoming a thing of the past. Propelled by AI, this shift is more than adopting new technologies; it signifies a strategic embrace of innovative tools designed to redefine operational efficiency and elevate member engagement.

Continue reading “Increasing Efficiencies: AI-Workflow-Automation”