Credit Union Business
2012 – The Year of the Credit Union
By admin at January 9, 2012 | 4:07 pm | 0 Comment
The industry forecast for the future looks good. By W.B. King By the time this column is read, the collective holiday hangover will have (hopefully) eased and respective thoughts on the New Year will once again emerge. Putting aside the Mayan calendar and all the forecasted doom and gloom associated with 2012, the credit union industry has reason to bang the drum more...
The Most Profitable Product for CUs – ‘Yes, Virginia, we do have Credit Cards’
By admin at January 9, 2012 | 3:44 pm | 0 Comment
Stop treating your credit card program as a redheaded stepchild organizational structure and program visibility. By Ondine Irving If you haven’t heard by now, credit cards are the most profitable product a credit union can offer. In 2010, when credit unions had a prime opportunity to capitalize on the games banks were playing with their cardholders to counteract more...
Now Is The Time
By admin at November 14, 2011 | 4:41 pm | 0 Comment
Four Strategies to Maximize revenue and build Market Share By Tony Rizzo There are two words that have received more press in the past 90 days than in the past two years: credit union. With Bank of America charging a $5 debit card fee, the Occupy Wall Street protests decrying big-banks and even Senator Raichard Durbin advising Americans to “find yourself a ... 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
Time Management 101
By admin at November 11, 2011 | 3:32 pm | 0 Comment
5 Tips for Using Your Time Wisely By Holly Herman 1. Be completely present at every meeting–one on one and in a group. Any time I attend a meeting or speak to someone individually I make it a point to be completely present at the meeting or with the person. This means that I turn off my cell phone, don’t check email, don’t look at my watch, and put away all more...
Getting on the right Side of the Durbin Amendment
By admin at November 10, 2011 | 7:14 pm | 0 Comment
By W.B. King Ronald Regan served as the 66th United States Secretary of the Treasury from 1981 to 1985, an equally troubled economic time for the nation. Later he would serve as President Ronald Reagan’s Chief of Staff. So it’s safe to say he had been around the block a few times. When asked about loyalty, he responded, “You’ve got to give loyalty down, if more...
Corelation partners with Wycom Systems to Offer check-processing Solutions
By admin at November 10, 2011 | 4:21 pm | 0 Comment
Adding yet another specialty solution to complement its core system, San Diego’s Corelation, Inc., the credit union industry’s newest core processing vendor, has partnered with Wycom Systems, a provider of solutions that improves check, receipt, and document processes. Wycom’s WyChecks technology has been integrated with Corelation’s KeyStone core more...
Unintended Consequences
By admin at November 10, 2011 | 3:32 pm | 0 Comment
NCUA’s CUSO regulation, and Safety and Soundness A Strange Parallel Between Dodd-Frank and Proposed New Regs By James H. Park A little more than one year ago, the Dodd-Frank Act was passed to reform our financial system, avoid a future meltdown of our economy, and provide safety and soundness for consumers. Primarily aimed at the “Reckless more...
Deliberate Transformation – The Rising Tide of Technology
By admin at October 21, 2011 | 2:08 pm | 0 Comment
Business models are changing, and when it comes to technology, there are options for meaningful, cost-saving change. By W.B. King The devastating impacts of Hurricane Irene became personal to my family. My cousins own a motel and modular home business in Prattsville, N.Y., among the hardest hit areas. It’s a sleepy little town in the Catskills not far from Hunter more...
Knowledge Is Power
By admin at October 21, 2011 | 1:37 pm | 0 Comment
Ask the Right Questions, Listen to the Answers FIS executive Pat Valentino shares tips on how to make your credit union more relevant. By Joyce Moed, Editor As senior vice president and general manager for FIS’ Real Time Solutions Division and with more than 35 years of banking and technology experience in financial institutions, Patricia Valentino is well more...
