By most accounts, 2010 should have been a barn burner in the number of credit union mergers, based on rising assessments, the corporate crisis and a bad economy hitting a large part of the country.
Ask senior executives and board members what their greatest challenges are and the responses continue to range from recruitment to board education, and that doesn't seem to be changing anytime soon.
Even thought they still request products such as loans, more sophisticated asset management services are being demanded by baby boomers that are poised to retire over the next decade.
FISHERS, Ind. -- Giving younger people ownership of projects and opportunities to develop are key to retaining them as employees, according to a panel of experts speaking at the CU Water Cooler Symposium.
Offered online for the first time ever, CUNA Mutual Group's 2010 Discovery Conference on Nov. 3 included virtual sessions on spotting and leveraging consumer trends for growth, evolving to meet consumer expectations and more.
While many directors agree that attracting and retaining younger, more diverse directors with a broader base of backgrounds is a priority, recruitment remains a challenge.
FISHERS, IND. -- Giving younger people ownership of projects and opportunities to develop are key to retaining them as employees, according to a panel of experts speaking at the CU Water Cooler Symposium on Thursday.
For some credit unions, it continues to take a whole lot of arm twisting to prove that offering trust services to their members is really worth the effort and time commitment needed to see a steady return on investment.
Is it time for credit unions to expand the concept of helping consumers live within their means to include green efforts?
Find out how our readers ranked the top 10 stories of 2010.