Remember the days when having an encrypted member database was enough? Those practices were rock solid for years and you slept soundly knowing your data was secure. Unfortunately, times have changed. With today’s threats, [...]
One of our favorite family meals is pot roast with potatoes, carrots and gravy. From my perspective this is a fairly easy meal to prepare. When it’s dinner time, we simply open the Crock-Pot®, [...]
If you were lending in the early 80s into the mid-90s you were taught the four-Cs: capacity, credit, collateral, character. Rules to live by, rules to lend by. And remarkably proscriptive. Underwrite, close, repeat. Follow [...]
Filene's Matt Davis and Currency Marketing's Tim McAlpine say they are not conference creators/developers by any stretch. Could've fooled me -- and all the others that have attended their highly successful CU Water [...]
Small credit unions in particular are having difficulty thriving in today’s market given hefty compliance burdens, shrinking margins, lack of marketing dollars, and increased competition. Small credit unions also face talent management issues. In [...]
by. Ray Birch Reaching out to the Hispanic community has been on the radar of Bridgeway Federal Credit Union the last few years. It’s a quickly growing segment of the U.S. population whose [...]
by. Henry Meier Politics and mortgage lending are making for some strange bedfellows and, as usual, the biggest winners will be the big banks. In fact, when all is said and done and Dodd Frank [...]
We talk frequently about the importance of solid branding in modern credit union marketing efforts. Branding is the key to the eventual success or failure of everything we try to project as a public image [...]
by Konrad Christensen Prepaid card volume is expected to grow by roughly $45 billion in the next five years. One explanation for this significant growth may be that many adult consumers today are opting for [...]
by Anthony Demangone I subscribe to the magazine, Chief Executive. It is a great read. In the last issue, the magazine named Honeywell CEO David Cote as CEO of the year. They did a wonderful [...]
Lending is, or should be, the backbone of credit unions – a primary revenue generator. Without lending, credit unions become nothing more than a retail environment that must focus on fees to generate income. Besides impacting [...]
Over the past five years, I have had the pleasure of speaking at more than 40 credit union conferences in the United States, Canada, Mexico and Jamaica. It’s been a humbling and rewarding experience [...]
By Lisa Hochgraf To be fully successful, mortgage lenders need to know where they're headed and why, suggested Thomas Pinkowish during CUES School of Mortgage Lending in Boston. President of REMOC Associates, Essex, Conn., Pinkowish [...]
Do credit union branches have a place in the growing world of technology? Not so long ago, consumers’ primary way to make transfers, deposits and loan requests was to visit a branch. Now, they transfer [...]
Is big data too hairy and audacious to be a realistic goal for credit unions? Or will the promise of machine learning, artificial intelligence and cluster analyses become the norm for financial cooperatives? With big [...]
