For Real Innovation, Go Back to Basics
By David Tuyo, CCE, AIF, CIMA, MBA What’s next in credit union innovation? Is it an amazing new technology, or a product or service no one has thought of? I think you’ll be [...]
News Archives
Maybe Your Credit Union Needs a Marketing Technologist
Technological innovation is hitting the financial services industry at a dizzying pace. But it’s not just your IT and retail delivery department that is faced with the challenge. Credit union marketers now have more [...]
Loan Protection: Products Are Not the Issue
by: Irene Mitchel, Vice President, CRI Solutions There has been a lot of regulatory and media buzz about credit cards and debt protection which has led to many questions about the advisability of selling debt [...]
Interpreting Sophos… and Why it’s Important to Credit Unions
by: Pierluigi Stella, Chief Technology Officer, Network Box USA In recent days, it was reported that an update from Sophos (an AV company) caused the software to catch itself as a threat. For as much [...]
Behind Great Woman and Great Men
By Sarah Snell Cooke The saying goes, “Behind every great man is a great woman.” Undoubtedly true our female readers will agree and most of the men when they receive the head-cocked, one eyebrow arched, [...]
In Search of Member-Friendly Noninterest Income
By Ben Rogers, Research Director, Filene Research Institute How does a credit unions build enough NII to guarantee that the river of net income doesn’t run dry? The goal of this brief is to [...]
CUs’ Checking-Related Fees = Better Value for Consumers
Recently, Bankrate.com released results of its 2012 surveys on bank and credit union checking fees. A comparison of these two surveys suggests that the 50 largest credit unions appear to be widening their relative [...]
3 Reasons Leaders Should Appreciate Opposition
by Matt Monge Opposition is critical for leaders. Yes, you read that correctly. Opposition is important for leaders. Every leader I’ve ever known for any significant period of time has described some sort of [...]
Is Your Credit Union Just Paying Lip Service To Compliance?
Sometimes I think that credit unions get so frustrated with feeling picked on by regulators and overwhelmed by the mountain of regulations with which they have to comply that they overlook the fact that regulations [...]
Make it Easy to do Business with Your Credit Union
by: Sean McDonald, President, Your Full Potential, LLC We’ve all had the experience of deciding against doing something because we perceived it to be too difficult or time-consuming. Instead, we stick with what we [...]
Contract Life Cycle Management Saves Time and Money
by: Marvin M. Garland, Chief Operating Officer, LEVERAGE Even though the economy is improving in areas of the country and we’re seeing more credit unions adding members and assets, the pressure still exists to [...]
Meatloaf Marketing for Credit Unions
I know it’s a stretch but it’s that time of year when our tastes in the northland begin to gravitate toward heartier fair. So rather than use the obligatory football analogies, I thought [...]
Conserved Credit Union Merged Without NCUSIF Assistance
Conserved Trinity Credit Union of Trinidad, Colorado was merged into Power Credit Union of Pueblo, Colorado. The Colorado Division of Financial Services placed Trinity Credit Union into conservatorship July 27 and appointed NCUA as conservator. [...]
Every Credit Union Exec Should Visit CUNA
From Mark Arnold: Madison. Home of the University of Wisconsin, Cheeseheads, microbrews, and quirky restaurants and bars. Madison is also home to the Credit Union National Association. In other words, Madison is like a credit [...]
Don’t Just Advertise, Tell Stories
By Aaron Pugh Whether they come from credit union leaders or members, stories are what differentiate great brands. Storytelling is as old as humanity itself, so why do some cooperative institutions let this valuable communication [...]