Credit Union Times Magazine June 19, 2013
In the thick of the economic meltdown that ravaged the housing market a few years ago, churches in some communities were among those that felt the bruises of foreclosures more than other properties.
Fiserv and Symitar dominate the discussions around credit union core systems, but many smaller providers are nipping at the heels of the core giants.
As the cleanup continues in Oklahoma, the latest insurance claims filed following the tornado outbreak at the end of May offers another glimpse of just how destructive the storms were.
Front Page News
As of June 10, more than 1,500 credit unions–about one in four–were actively participating in CUNA’s three-week-old Don’t Tax My Credit Union initiative, according to Richard Gose, senior vice president of political affairs.
A long-awaited overdraft report, released June 11, featured some unflattering statistics related to credit union overdraft income.
LAS VEGAS — About 50 credit union information technology executives filled the meeting room at the Platinum Hotel and, over three days at the annual CU Information Security Conference. They heard that the threats are mounting, they are getting more sophisticated and the probability is high is that they will...
The National Federation of Community Development Credit Unions has started to build a shared back-office platform for CDCUs.
An inquisitive nature and pursuit of answers to the simple question “why?” has helped lead Heather Lally, vice president of operations at Alliant Credit Union, to her dream job.
If you’re a recent member of Cascade Federal Credit Union in Seattle and the credit union merges, you’ll have a little more money in your account, thanks to a no merger guarantee.
You can regulate the money out of the business, but you can’t regulate the personal responsibility out of the consumer. No matter what Washington does to keep credit unions and other lenders from taking advantage of the less well-educated, the desperate and the elderly, ultimately consumers have to take responsibility...
Letters to the editor
When will it end?
Credit Union Times’ recent report about a letter sent by NCUA Board Chairman Debbie Matz to the National Consumer Law Center and the Center for Responsible Lending led me to question the agency’s priorities. I continue to be puzzled by why the NCUA, and especially Matz, expends so much energy...
Since January 2008, there has been a credit union merger every 1.5 days and beginning in 2013, this rate has increased to one every 1.3 days.
I advise clients to focus on putting the customer or member in control. To do so in a service economy, leaders must focus on both employees facing the customer as well as the customers themselves. A Harvard Business Review article, “Putting the Service-Profit Chain to Work,” written nearly 20 years...
In my experience, women sabotage their future financial security because they’re more concerned with running out of money in the short term than running out of money later in life. Day-to-day financial matters come first, such as paying for their children’s school expenses and activities, as opposed to saving for...
Credit union hirings, promotions.
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