Industry news

by: Robert Christiansen, District Manager I, Servus Credit Union & The Cooperative Trust
How might credit unions increase the availability of affordable home ownership in North America?  The Cooperative Trust (formerly The Crash Network) put this challenge to the credit union system in May of 2011 via their inaugural innovation tournament The Collider. I responded with Honeycomb (formerly CU Home Buyers Plan), a prototypical financial product tailored to first-time homebuyers. After a few rounds of tough love from the judging panel, Honeycomb emerged as the successful product.

by: Brandon Pugh, CUDE, Director of Public Affairs, South Carolina Credit Union League
For so long now credit unions have struggled to build the kind of clear national identification they can call their own. Many have looked to simpler examples—foodstuffs like pork and dairy—and in seeing those the not-for-profit cooperatives believe the answer is within reach. Surely what has been done for virtual necessities can be equaled, even improved on, by a passionate industry.