X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
A story goes that the ice cream cone was invented at the St. Louis World’s Fair in 1904 when an ice cream vendor’s product was so popular that he ran out of bowls. No bowls, no way to provide his confection to customers. In the next stall, Ernest A. Hamwi was selling tartlets similar to waffles. He realized he could shape one of his pastries into a cone and use it as an edible bowl for his colleague’s ice cream. Thanks to this chance collaboration, Hamwi could sell his waffles, the ice cream vendor could continue meeting a consumer need on a hot day at the fair, and one of America’s favorite summertime treats was born.

Like the merger of ice cream and the tartlet, credit unions today often do their best when working together for a common good. It is, after all, one of our cooperative principles. Individually, our industry is confronted with the challenge to think of better ways to meet members’ demand for multiple access points and ease of use, all the while keeping costs down. Unlike the ice cream cone, many of today’s solutions involve significant research and development costs or extensive learning curves, or both.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.