CU Spotlite!
Positive Innovation Prevails at Mountain America Credit Union
By admin at January 9, 2012 | 4:21 pm | 0 Comment
By Sharon Sweda Implementing new software and adding innovative technological tools is often a double-edged sword for industries that thrive upon customer service goals and are responsible for real-time financial information storage. Keeping pace with the pack and maintaining a quality level of service is vital to any financial institution's survival, but the learning more...
Chicago Patrolmen’s Resolve to Serve
By admin at November 14, 2011 | 4:27 pm | 0 Comment
By Sharon Sweda There is but one, single, full-service financial institution in the nation’s third largest city that is solely dedicated to servicing the Chicago Police Department and its families. Chicago Patrolmen’s Federal Credit Union is committed to three objectives and much more as there is no gray area in law enforcement–the credit union adheres to more...
Beyond Marketing Q
By admin at November 14, 2011 | 2:00 pm | 0 Comment
Credit Union business Case Study #1 Drawing in New Members Through a Self-Contained Subsidiary of the Credit Union By Laura Enock Attend a class at Harbor One U and you’ll never be subjected to a sales presentation or anything that promotes the people behind Harbor One U. That’s because Harbor One U is owned, funded, and staffed by a credit union: the $1.8 more...
Credit Union Business , CU Spotlite! , Local , Management , Marketing
Happy Un-Banking At People’s Trust Federal Credit Union
By admin at October 21, 2011 | 2:43 pm | 0 Comment
By Sharon Sweda There are but a few differences that exist between “banking” at a traditional bank or savings and loan as compared to doing business with a credit union. Few, but vast. It is fact that the member-owned model fiercely aims to offer low borrowing rates and/or the issuance of dividends. Banks may soften rates and offer products geared to keep them more...
The Heart of Interra Credit Union
By admin at September 19, 2011 | 9:00 am | 0 Comment
By Sharon Sweda The story isn’t new. A handful of charter members pooled their resources and capital to form a credit union to serve potential members and offer competitive loan products. Of course the facts and circumstances differ in each situation, but at Interra Credit Union in Goshen, Indiana, it was January 1932, when Farm Bureau members and Farm Bureau Co-op more...
Brightly Shining – Suncoast Schools FCU Awards Scholarships, Donates to Charities
By admin at September 15, 2011 | 2:38 pm | 0 Comment
The once small, humble credit union is now recognized as Florida's largest credit union and the seventh largest in the nation. By Sharon Sweda Following in the steps of a 19-year tradition, Suncoast Schools Federal Credit Union has awarded $66,000 in scholarships to five students from the 435 applicants who reside within the 15 counties served by Suncoast. Since the more...
NCUA Reg Flex: Not as Flexible as It Once Was
By admin at June 7, 2011 | 2:23 pm | 0 Comment
Many credit unions feel the reeling back of Reg Flex comes at a bad time. By Roy W. Urrico The question facing credit unions is whether encroaching regulatory rules are too-little-too late, or simply too much. Last fall, the NCUA Board, under pressure to act following increasing losses to the insurance fund, reined in its 8-year-old deregulatory program, better more...
Staying Connected – Making The Most of Facebook
By admin at June 7, 2011 | 2:14 pm | 1 Comments
Following the HICCUP approach can help your social media efforts become more successful. By Genae Girard Every company is trying to use Facebook in an attempt to move their business forward, and stay connected to their customers in this fast-paced world. Why are some companies more successful at this than others? Content is the key to staying in touch with your more...
Business , Community , CU Spotlite! , Featured , Social Media
The Risk of Exercise – The Benefits Come in Many Forms
By admin at June 7, 2011 | 2:09 pm | 0 Comment
A good exercise plan will play against the published plan to cover events and force decisions not previously considered; it will force the credit union to understand its risk tolerance. By Ken Schroeder Yes, exercise is filled with risk. Risk may come in many forms: injury, sore muscles, learning bad habits, additional expenses of a gym membership, or temporary more...
