Credit Union Times | Accurate and Timely CU News

Real Test for Online Banking Is How It Hits the Bottom Line

By Peter Westerman

Online banking continues to grow in popularity. The convenience that a member has of being able to handle their finances from the comfort of their own home at any time. Yet more than 2,700 credit unions do not offer online banking to their members.

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Bad Day at the Office: the Life of an Information Security Officer

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Katrina Lesson: Preparedness Is Key

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July 21, 2009

Additional Regulation Will Only Hurt Small CUs and the American Public

Isaac Newton once said, "I can calculate the motions of the heavenly bodies but not the madness of people!"

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July 07, 2009

Credit Unions Must Do More to Curry Favor With Consumers

With all the bad publicity generated about the banking industry, I expected the results of a recent poll I posted on LinkedIn to be vastly different. The poll consisted of only one statement with two possible choices:

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June 16, 2009

Sitting through NCUA Board Member Gigi Hyland's 75th anniversary celebration of the Federal Credit Union Act, two things struck me: This isn't your run-of-the-mill CU celebration, and credit unions should not and cannot run around blaming everyone else fo

The Golden 1 Credit Union's data center experienced a complete loss of power last February. This resulted in a hard crash of the mainframe system as well as all networks and other in-house systems.

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June 02, 2009

It's Time to Renew Our Focus on What Members Demand and Need

Nothing is more unsettling than an abrupt and rapid change in your paradigm. Such a change creates the need to rethink everything.

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June 02, 2009

Best Practices in Collections: Communicate in Order to Collect

What does it take to lower delinquencies? Today's economic climate challenges credit unions to practice early interventions and maintain a proactive attitude toward preventing growing defaults.

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May 26, 2009

Penny-Wise, but Pound-Foolish: The Importance of Meetings and Conferences

In these unprecedented economic times, there are really only two ways to deal with this financial crisis: increase revenues or cut operating expenses.

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May 19, 2009

Are Credit Unions Destined to Go the Way of Detroit or Tokyo?

Jeffrey Pfeffer, a Stanford professor and author, points out that Detroit automakers have pandered to Wall Street rather than listen to their customers,

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Commentary

Top Commentary Stories

Real Test for Online Banking Is How It Hits the Bottom Line

Bad Day at the Office: the Life of an Information Security Officer

Katrina Lesson: Preparedness Is Key

Recommended Just For You

Commentary Stories

Additional Regulation Will Only Hurt Small CUs and the American Public

Credit Unions Must Do More to Curry Favor With Consumers

Sitting through NCUA Board Member Gigi Hyland's 75th anniversary celebration of the Federal Credit Union Act, two things struck me: This isn't your run-of-the-mill CU celebration, and credit unions should not and cannot run around blaming everyone else fo

It's Time to Renew Our Focus on What Members Demand and Need

Best Practices in Collections: Communicate in Order to Collect

Penny-Wise, but Pound-Foolish: The Importance of Meetings and Conferences

Are Credit Unions Destined to Go the Way of Detroit or Tokyo?