Credit Union Management

$325 million Dallas-area cooperative determined eligibility based on deposits into a savings account associated with contest.

Product expected to retain more mortgages and free up lending staff to originate new loans.

Two credit unions in the Mid-Atlantic, both with slightly more than $50 million in assets and an active CFO search, agree to collaborate.

During past year, all deposit growth has been in liquid accounts; CD and IRA balances fell.

Branches close as far south as Georgia due to extreme cold; some hardy credit unions in Great Lakes region remain open as usual.

Attaining peak performance while fighting interest rate risk requires getting back to basics and re-evaluating business strategy.