Money
Is Your Credit Union Ready?
By admin at February 1, 2012 | 9:46 pm | 0 Comment
Rates Are Low in Today’s Post-Crisis Environment, But They Will Rise Again. By Emily Hollis It’s 2012, and another year has passed. If we turn back time to 2006, who would have guessed that events resulting in losses of such great magnitude would have occurred in our industry over the past couple of years? Because of this, the NCUA appears to be receiving pressure more...
Featured , Management , Money
Keeping Resolutions – Helping Members Ring in the New Year with a Fresh Outlook
By admin at January 9, 2012 | 3:23 pm | 0 Comment
This is a great time of year to plug into the hoopla of resolutions and teach smart money management. By Laura M. Enock New Year’s resolutions are a tradition that some people consider sacred. But even if you are not among them, there’s something about the start of a fresh new year that, if you’re not too cynical, feels like a wonderful opportunity. That more...
Credit Quality Reporting for Credit Unions gets a Facelift 
By admin at November 11, 2011 | 4:32 pm | 0 Comment
By Bryan Mogensen As the economy has continued to struggle during the past couple of years, credit unions have watched some of their members struggle to repay their loan obligations. Unemployment, underemployment and continued depressed real estate markets are among the factors contributing to this trend. As you might suspect, the financial difficulties of more...
compliance , Management , Money , Troubled Debt Restructuring
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...
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...
Cross-Selling: 1 + 1 = 3
By admin at September 15, 2011 | 1:26 pm | 0 Comment
Numbers are important. In fact, whether you’re a CEO, a CFO or a marketing director, numbers play a critical role in your job. And because this is true, I’d like to share some strategies that can help your credit union grow exponentially, without the constant need for expensive, elaborate or time-consuming prospecting campaigns. So how can we add one plus one and more...
