News Archives

The Membership Growth Problem: Asset Group Breakdown

The Membership Growth Problem: Asset Group Breakdown

by Tom Glatt Jr We have had an amazing response to our post entitled The Credit Union Membership Growth Problem, a response that has included the submission of a number of questions. Over the next [...]

NCUA Budget Kabuki

by Henry Meier It’s November, which means Thanksgiving; the New York Giants playing lousy football in preparation for a Super Bowl run; and NCUA releasing its budget to howls of outrage by the industry.  [...]

The Compliance Artist.

By:  Sarah Stevenson. Oftentimes when I am asked my educational background and I respond with; “Well, I have a Bachelor of Fine Arts…” I am stopped short with the following question; “How on earth did [...]

Optimize Your Card Portfolio: Four Steps

As credit unions seek to build solid, sustainable credit card programs, they should focus on four areas: Risk tolerance, card activation and use, inactive accounts management, and promotional programs. That’s what Brian Scott, vice [...]

Credit Unions Caught in Political Dodge Ball

BY SARAH SNELL COOKE For a day, credit unions’ federal tax exemption appeared to be in jeopardy. H.R. 6474  would have gradually repealed credit unions’ tax-exempt status over five years. Fortunately for credit unions, [...]

Stealing Small Business Customers from the Mega-Banks

by Steve Topper In their quest to generate more revenue many community banks are doubling-down on their efforts at reaching out to the myriad of small businesses in their branch market areas. Since we can [...]

How To Transform Your Credit Union

It just doesn’t happen in one day. There’s not going to be that big event, transforming your credit union for good. In general, transformations are the results of small steps of progress. A [...]

Repairs Needed

Repairs Needed

By Michael E. Fryzel, NCUA Board Member An old friend of mine, the late Ed Callahan, had a sign on his desk when he served as Director of the Illinois Department of Financial Institutions that [...]

Payment Systems Strategic Role In Credit Unions

Payment Systems Strategic Role In Credit Unions

by Mark Arnold Payment systems are rapidly changing to meet evolving technology and consumer demand. In a recent white paper (Payment Systems: Their Strategic Role in Credit Unions) now available for download through Synergent Technology [...]

Overheard at NAFCU’s MDI

by Anthony Demangone This week, I've been lucky enough to attend and speak at NAFCU's Management Development Institute.   Roughly 70 credit union leaders have been working on improving their leadership, finance, marketing, board, risk management [...]