by Mark Arnold Most corporate institutions, banks and credit unions included, spend a great deal of time in meetings. Staff meetings, management meetings, team meetings and meetings to help plan meetings are but a few. [...]
by Anthony Demangone A credit union CEO passed along the following "business fable" the other day. The story begins with a company that makes very large and very heavy pieces of equipment. They had a [...]
By Ron Daly I have a garage attached to my house. There's a door that slips into the kitchen and a workbench, and just enough space for my two cars. I keep just about everything [...]
By Patrick Russo A bank failure regularly occurs when a bank’s assets become less valuable than its liabilities. The value of an institution’s assets can diminish for a number of reasons, including an [...]
by. Ken Tumlin A federal district court judge on Wednesday overturned a Federal Reserve rule capping interchange fees that banks receive on debit card purchases. According to the Los Angeles Times: "In a scathing opinion [...]
by. Henry Meier Is your credit union violating the law simply by reviewing the banking history of potential members? This is not the type of existential question my compliance-warped mind ponders for the heck of [...]
Financial institutions know that in order to grow successfully, they need to have a strong presence among America’s youth. NerdWallet’s recent contest encouraged credit unions across the country to dream up innovative new [...]
The slogan “Safety First” can usually be found on a sign hanging in a manufacturing plant or construction site, but it’s just as appropriate on your desk as an investment officer of your credit [...]
In a 1935 publication titled Morals in Business, Edward Filene taught that there are many good people in business, but there are fewer good business people. Filene's legacy of philanthropy, decisive role in pioneering the [...]
Many credit unions struggle to understand the nebulous idea that is “branding” and how it applies to their business beyond creating a logo and some basic marketing materials. Indeed, many credit unions may not even [...]
by Ron Daly Strangest thing happened to me. I got stopped by the eStatement Police on the way home for work the other day. They pulled me over to make sure that I could view [...]
Social media consultants have been offering free advice to financial institutions for years, but there are just some things banks and credit unions still don’t do very well. Here’s seven of them. By [...]
by. Konrad Christensen Prepaid debit cards are accepted wherever debit cards are; they protect a customer’s privacy; they are a great tool to help with budgeting. However, all that privacy and ease of use [...]
“Star Trek: The Next Generation” fans have already recognized the catch phrase above that was so aptly used by Captain Jean-Luc Picard. Whenever Picard, as commanding officer, had made a decision he usually signaled that [...]
by. Jim Marous With interest rates remaining low and traditional fee income impacted by recent government regulations, banks and credit unions are increasingly looking for new ways to make up the shortfall in revenues. Despite [...]
