Credit Union Business
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...
Credit Unions Cashing In On Banks Charging Debit Card Fees
By admin at October 20, 2011 | 2:13 pm | 0 Comment
The Associated PressCharlotte, NC -- Credit unions in North and South Carolina are reporting a big bump in phone calls and new members in the weeks since behemoth neighbor Bank of America riled depositors with a $5 monthly debit card fee. Several credit unions have sought to capitalize on the consumer discontent by launching advertising campaigns promoting their more...
Unintended Consequences, NCUA’s CUSO Regulation, and Safety and Soundness.
By admin at October 12, 2011 | 3:04 pm | 0 Comment
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 Wall-Streeters,” ”Greedy Bankers” and “Unscrupulous Real Estate more...
Succession Planning: Never as important as NOW!
By admin at September 17, 2011 | 9:00 am | 0 Comment
I recently read that more than 65 percent of today’s credit union CEOs will retire within the next couple of years. WOW! You’d better hurry to find, train and prepare your successor! Just in the nick of time, Holly Herman, in her inaugural advice column for CUB, offers up an eight-step plan to help guide you through the process of replacing yourself, and also some more...
