Credit Union Times Magazine August 22, 2012

Featured Story

  • Nevada Still Struggling, but Shows Signs of Recovery

    When comparing Nevada credit unions’ key financial indicators against other states as of June 30, the results aren’t good. Nevada’s 0.40% return on average assets, 2.5% loan delinquency and negative 11% loan growth are among the worst performance numbers in the country. However, compared with two years ago, those numbers...

Front Page News

  • Rejected Autoland Bidder Cries Foul

    Nearly three months after the NCUA was appointed the liquidating agent for Telesis Community Credit Union, the agency has been working behind the scenes to divest the cooperative’s roughly $4 million stake in Autoland Inc., an auto buying CUSO.

  • Dissidents Rally at Tech CU

    Fifteen members of Technology Credit Union rallied Aug. 15 outside the credit union’s San Jose, Calif., headquarters to show their opposition to the credit union’s proposal to change to a mutual bank charter.

  • Trends: Invasion of the Small Screens

    Small screens are coming to a branch near you. That is a top line trend where, suddenly, digital, Internet-connected flat screens are transforming the in-branch experience and, said some credit union experts, it’s just in time.


Editor-in-Chief's Column

CEO's Corner

  • CEOs’ Corner: Governance Takes More Than Passion

    Because credit union boards are members too, they know how they’re treated as members and what they expect from their financial institution. But at the same time, they need to be more savvy than the average member about what’s happening at the credit union.


Tech Bytes

Letters to the editor

  • Letter: On LICUs Bankers Are Ludicrous

    Banker opposition to NCUA’s LICU program is ludicrous. Why do I call it ludicrous? Because their opposition would have to step up several notches on the reasonableness scale to even come close to their normal anti-credit union position of hypocritical.

  • Letter: 'Banking' Should Not Be in Our Marketing

    The banks don’t like us using the word “banking,” and quite frankly, neither do we. We’ve got a large talent pool out there. Why can’t we come up with a better description than banking for what our members do when they come visit us?

  • Rates Are Not a Big Concern Among Consumers

    Unstable home values, job insecurity and volatile stock market fears may be more of a concern for some members than what the rates are at their credit unions.

News Briefs

  • Disney Trip for Ailing Calif. Girl

    Technology and e-business consultants Samaha Associates attended the recent Credit Union for Kids Wine Auction held in Dana Point, Calif. The Chino Hills-based firm said it has long supported this worthy cause and this year decided to something extra special.

  • Unitus Community Celebrates 75th Birthday

    Unitus Community Credit Union of Portland, Ore., celebrated 75 years of service this summer. To mark the occasion, Unitus recently held several celebratory events with free food and prizes at each of its eight branches, including a complimentary community concert at Unitus Plaza in downtown Portland. Unitus staff also initiated...

  • Lending Awards Entry Deadline

    The entry deadline for the 13th annual Excellence in Lending Awards, which recognizes outstanding lending results and practices by credit unions, is Sept. 7.

  • Md. League Picks Staatz as Chairman

    Rod Staatz, president/CEO of State Employees Credit Union of Maryland, has been elected chair of the executive committee of the Maryland and District of Columbia Credit Union Association.

  • DeMarco Named CEO at Community Driven CU

    Renee DeMarco has been named president/CEO of Community Driven Credit Union of Ypsilanti, Mich.

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