Credit Union Times Magazine July 27, 2011

Front Page News

News

  • ATM of the Future Stalked by NCR

    NCR Corp., one of the two largest ATM manufacturers, is hard at work on a prototype ATM that it hopes will enable financial institutions to better reach out to underserved populations and help bring ATMs up to a new standard.

  • Texas Regulators Clarify CUSO Rules

    The Texas Credit Union Commission recently addressed several matters regarding investments in credit union service organizations in the Lone Star State.

  • CFPB Nominee May Spark Senate Fight

    A year after the bill creating the Consumer Financial Protection Bureau was signed, Republicans are trying to restructure it and the newly nominated director Richard Cordray is caught in the middle of a fight between the political parties.

  • CDFI Fund Awards More Than $28 Million

    Fourteen credit unions and organizations that work with credit unions received $1.5 million each from the latest round of awards from the U.S. Treasury's Community Development Financial Institutions Fund. Their totals were part of more $28 million that went to 27 credit unions and supporting organizations.

  • Celent Report Sees Gloomy Outlook for Small Credit Unions

    The plight and protection of small U.S. credit unions came in for new scrutiny last week following a controversial think tank study by Celent, the Boston research firm, finding that CUs under $50 million are fast disappearing under the weight of tech products, competition, compliance and their own “inefficiencies.”

  • Survey: Resistance to Debit Fees

    Even a small fee on debit cards will lead consumers to abandon them in favor of other payment methods, including cash, checks and even credit cards, according to a recent survey.

Editor-in-Chief's Column

  • Editor’s Column: Celebrating Amazing Things

    I had a business trip to Florida as we were running up to deadline this week. I was bummed when I got to the airport and realized I had forgotten "Moll Flanders", which I’d checked out of the local library. I had work to do on the way out and...

People Feature

Marketing

  • Sunday Branch Openings Spread

    For more and more businesses, Sunday is just another day.T ime-pressed consumers want to shop, pick up prescriptions, grab some fast food and take care of other chores on their varied schedules. And that has put pressure on financial institutions, including credit unions, to meet those expectations.

  • Business Development Efforts Pegged to Relationships

    When it comes to best practices, value trumps products every time. “I think the scope of business development in the credit union industry is growing more and credit unions are getting keenly involved in developing viable business strategies that are becoming more of an important part of their organization’s overall...

Opinion

  • Guest Opinion: Matz Sees Dodd-Frank Successes

    One year ago this month, President Obama signed the landmark Wall Street Reform and Consumer Protection Act, also called the Dodd-Frank Act, into law. In reflecting on this important milestone, we should remember why we needed to act to restore the public’s trust in our financial system and what has...

Pictorial

Letters to the editor

  • Letter: Get Into Your Tech Comfort Zone

    It was great to see guest contributor Terry Jones stress the importance of credit unions’ ability to establish digital relationships with their members (“How to Make That Digital Connection With Today’s Consumer,” June 29, page 16). He was spot-on when he said “face-to-face customer interaction and phone calls are not...

News Briefs

In Memoriam

Focus Report

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