Credit Union Times Magazine March-19, 2003

News

  • Human Resources & Benefit Options

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  • An HR Manager's Perspective on Organizational Change

    Change is disruptive. Change is beneficial. A number of our employees have struggled with the fact that Santa Ana Federal Credit Union has changed its direction since a major reorganization in 2001. Was it necessary for SAFCU to reorganize? Why change anything that has worked for over 50 years? Prior...

  • Montgomery County Teachers FCU Gets Seal of Excellence

    GAITHERSBURG, Md. -Since being awarded the Maryland Work-Life Alliance Excellent Place to Work designation, Montgomery County Teachers Federal Credit Union has joined the ranks of an elite list of "destination workplaces" for job seekers here in the state. The Excellent Place To Work designation is a seal of quality that...

  • HRD Network Best Kept Secret in HR Arsenal

    WEST PALM BEACH, Fla. - In a state that is known for its cutting edge workplace legislation, HRD Network has been helping California credit union human resource professionals stay afloat for the past 15 years. The affinity group became the first credit union specialized networking group committed to bettering the...

  • More CU Staffers Footing the Health Insurance Tab

    THE WOODLANDS, Texas - With health insurance costs almost doubling, a growing number of credit union employees are left footing more of their medical bills. A recent survey of employee benefits by D. Hilton Associates, Inc. finds that in the last two years the number of credit unions paying 100%...

  • Liberty, MyDAS Team Up

    MOUNDS VIEW, Minn. and BOULDER CITY, Nev. -Credit union solution providers Liberty Enterprises, Inc., and MyDAS Marketing, Inc., have joined forces to expand training and educational services for credit unions throughout the country. The strategic alliance will offer credit unions the following training and educational options: Credit Union University (CUU.com):...

  • What Category Do Your Employees Fall Into?

    PHILADELPHIA -A recent study finds that developing environments that enhance levels of employee commitment can help retain top performers. The TNS Intersearch Organizational Development Practice Survey suggests that employees generally fall into four groups based on their commitment to their employers: Ambassadors, who are fully committed to the company and...

  • Special Report: Human Resources & Benefits

    From credit union HR networking to a pep rally of motivation, discover the latest fun facts and happenings in Human Resources and Training on pages 18 to 22.

  • SCFCU Training Department Takes Home National Award

    NORTH CHARLESTON, S.C. - South Carolina Federal Credit Union's Training Department has received the second place award in the Trainer of the Year Award competition, sponsored by CUNA and Affiliates Center for Professional Development. Credit unions from throughout the U.S. entered the competition for this award, which recognizes visionary training...

  • HRD Network Member Benefits

    Networking with peers is of course one of HRD Network's greatest strengths, but members also receive a number of HR-related tools. They include the following: Weekly Information Exchange/Job Placement Fax: It enables members to communicate openings and share applications and information. Semi-Annual Educational Program and Regional Brown Bag Meetings: The...

  • SECU Wins Excellence Award

    LANSING, Mich.- State Employees Credit Union's Training and Development Department won the International Society of Performance Improvement (ISPI) - Michigan Chapter Award of Excellence for Outstanding Human Performance Intervention for their submission "Assessment Center: Pathway to Success." The entry involved the assessments and training materials developed in support of the...

  • Open Call for CUNA HR/Training and Development Council Summit

    MADISON, Wis. - Spring marks not only the return of flowers but also the CUNA Human Resources and Training and Development Council Summit. Cindy Stynchula, president of Stynchula & Associates, returns for a second year to act as the "summit weaver," helping participants tie everything together with interactive activities throughout...

  • What's Up with the ACB?

    Find out what's on the minds, or more appropriately not on the minds, of America's Community Bankers on page 6.

  • Keeping Priorities Straight

    Does your credit union effectively communicate its new goals to employees? A new Watson Wyatt study finds that in general employees aren't sure how they fit in when their organizations change strategies. Society for Human Resource Management advice? Clearly explain to workers new goals-and how they were created. This communication...

  • USA FCU Staffers Training to the Max

    SAN DIEGO - USA Federal Credit Union takes training seriously. In 2002 staffers here logged over 10,000 hours of training - that is five times the hours spent in 2001. According to MaryAnn Pearce, USAFCU staff development trainer, the increase was the result of USA FCU University. The "university" training...

  • Paying Attention to Emotions

    According to a recent study, increasingly negative employee emotions in the workplace could spell retention trouble for human resource departments already struggling to keep good talent. Here is a look at the impact emotions have on retention:

  • Robins Federal Credit Union Motivates with a Cheer

    WARNER ROBBINS, Ga. -Robins Federal Credit Union staffers really got into the spirit of service and selling - with an old-fashioned pep rally. "Service has always been our first priority and we can do it by focusing on building and maintaining staff involvement," said RFCU President/CEO Buck Levins. "This pep...

  • EECU Looking for Management Material

    FRESNO, Calif. - As a proactive response to questions of succession, Educational Employees Credit Union has launched a management trainee program. During the two-year program, trainees will be given the opportunity to gain understanding and experience through on-the-job work experience, observation and various training programs. The inaugural class consists of...

Tech Bytes

  • RDS Strategic Partner Conference Packed With Content

    INDIANAPOLIS - Core data processor re:Member Data Services (RDS) has finalized its speakers for the 2003 Strategic Partner Conference, taking place May 18 - 21 in Bonita Springs, Fla. Headlining the event is best selling author Susan Dellinger, who will lead participants in an interactive session explaining how IT executives...

  • Blake Nominated for BITS Advisory Council

    BROCKTON, Mass. - Jim Blake, president/CEO of Brockton CU here was nominated by CUNA to serve on the board of the Banking Industry Technology Secretariat (BITS). Blake also serves on several community and financial industry committees and boards, and he is also a member of the Executive Committee of the...

  • Don't Write Off Wireless Yet

    CEDAR KNOLLS, N.J. - One of the killer apps that seemed to fade quickly during the dot-com implosion may not be quite dead yet. The number of wireless Internet users worldwide should increase almost 300% by 2007, according to Probe Research analyst David Chamberlain. Demand for wireless services, including banking,...

  • Corillian Promotes Hughes to EVP of Operations

    PORTLAND, Ore. - Bill Hughes, Corillian's senior vice president of operations for the past year, has been named the enterprise software vendor's executive vice president of operations. Hughes, 40, will continue reporting to the Internet banking firm's president/CEO, Alex Hart, and will manage the development and deployment of all of...

  • EasCorp Launches eStatements Promotion

    WOBURN, Mass. - EasCorp, one of the first corporates to offer its members eStatements, has a new retail marketing kit to help its credit unions attract eStatement users. EasCorp has 22 credit unions live on its eStatements program. Twenty of them use EasCorp's stand-alone product, which was released in 2002,...

  • Fiserv to Acquire Precision Computer Systems

    BROOKFIELD, Wis. - Fiserv, Inc. has signed an agreement to acquire Precision Computer Systems (PCS), a provider of bank processing solutions based in Sioux Falls, South Dakota. PCS' annual revenues are approximately $25 million. Terms of the deal were not disclosed. "PCS has a successful product line and an extremely...

  • SimCU: CUES Scenario Software Helps Decision-Makers Plan for the Future

    MADISON, Wis. - First there was SimCity, then SimIsle, SimZoo and more. So, why not SimCU? CUES is now offering just that. In conjunction with Decision Strategies International, the Credit Union Executives Society has introduced SimCU, which it calls the first scenario-based simulation software for credit unions. "SimCU provides credit...

  • WESCO Acquires One-Man Band Firm; Continues to Diversify

    KENTWOOD, Mich. - WESCO has acquired JVS Jvergent Solutions, a credit union marketing and consulting firm. WESCO President/CEO Randy Karnes said JVS Jvergent Solutions is really a one-man band and WESCO was very interested in the one man. Jim Conroy founded and is CEO of JVS. "He's been with Harland...

  • CUMarketingDept.com Says Site Growing

    HOLYOKE, Mass. -CUMarketingDept.com, an online resource for credit union marketing professionals, said more than 1,000 credit union professionals are now participating in its online marketing discussion. Recent topics of discussion at the site include annual meeting themes, indirect auto lending philosophy, cross-selling incentives, justifying an MCIF, choosing a marketing agency,...

People

  • SOUTHWEST

    Security Federal Credit Union, San Antonio, Texas,has promoted Sherri Bradley to manager of information technology.

  • SOUTH

    Louisiana Credit Union League, Harahan, has named Erica Gonzalez technology consultant.

  • WEST

    Riverside County's Credit Union, Calif., has named Robert Barksdale mortgage lending manager; Mac Villines Rancho Mirage branch manager; Joe Rittel internal auditor; and Bernice Valdes Riverside Avenue branch relationship manager.

  • EAST

    Affinity Federal Credit Union, Basking Ridge, N.J., has promoted Peter A. MacDonald vice president/chief member service officer. Capital Communications Federal Credit Union, Albany, N.Y., has named Herb Warden insurance advisor of its subsidiary CAP COM Financial Services. Visions Federal Credit Union, Edicottt, N.Y., has elected the following directors to its...

  • VENDORS

    CU Cooperative Branching, Inc., Louisiana's credit union shared branching network, has named Erin Babcock accountant. PULSE, an EFT association, has named Marie Braeutigam sales/ member development executive. Corillian Corp., a provider of enterprise software and services, has appointed Bill Hughes executive vice president of operations.

  • MIDWEST

    Corporate One Federal Credit Union, Columbus, Ohio, has named Leah Rinehart vice president of membership/marketing. CUNA Credit Union, Madison, Wis., has named Deb Hamilton mortgage business development manager. Cardinal Community Credit Union, Mentor, Ohio, has elected the following officers to its board: John Reider president; Jeff Hale vice president; James...

In Other News

  • DONATIONS

    Visions Federal Credit Union, Endicott, N.Y., has donated much needed protective wall mats to the Tioga County Boys & Girls Club gymnasium. The mats were unveiled at the annual Basketball Tip-off Tournament where Visions President/CEO Frank Berrish served as an honorary referee, throwing up the initial tip-off ball to kick...

  • BRANCHING OUT

    Point Loma Credit Union, San Diego, Calif., has opened its latest branch in Temecula. This marks PLCU's tenth full-service branch serving Riverside and San Diego counties. First Capital Federal Credit Union, York, Pa., has broken ground on the site of its new main office. The two-story, 16,200 square-foot facility will...

Publisher's Column

  • Surveys, Bankruptcy, Affiliation, Ads, Forum, and More

    A look at the steady barrage of interesting credit union news items surfacing recently has inspired these comments: * CUNA's low-income survey proved exactly what it was supposed to prove. Credit unions are reining in unprecedented numbers of low-income potential members and are having some initial success in replacing the...

Opinion

  • Where's the Honor in Overdraft Services?

    I have been reading with interest (and some discomfort) the recent news reports bashing the overdraft services that some banks have in place. As an economist for banks and credit unions who also provides overdraft services, I am obviously concerned, but not for the reasons you may assume. I, in...

Letters to the editor

  • NAFCU: No Intention of Dividing Industry

    They always say that it is futile to engage in a war of words with the fellow who owns the ink; nevertheless, I would like to respond to Mike Welch's column of March 12. Mike questions the timing and legitimacy of NAFCU taking a position advocating federal share insurance as...

  • CUs Not Reaching Full Potential

    Mike Welch makes some very good points in his Feb. 19th column entitled "Our Credit Union Would Never Act Like This." He did a good job highlighting many of the problems I perceive exist in many credit unions throughout our industry. I am a newcomer to the credit union movement...

News Briefs

Staking Out the Stats

In Memoriam

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