Credit Union Management

Big data may be the phrase of the moment in marketing but, for some credit unions, it is already plumping up the bottom line.

Jim Adamczyk can remember receiving an increase in calls from banks interested in FAIRWINDS Credit Unions auto loan portfolio.That was as recent as 2010, said Adamczyk, executive vice president of lending, for the $1.7 billion cooperative in Orlando, Fla.

Washington credit unions took a hit to capital during the corporate credit union and financial crisis like everyone else, but it hit them harder because they had lower aggregate capital to begin with. Thankfully, the aptly named Evergreen State credit unions also have return on assets that has remained higher...

Consultants seem to agree that governing a credit union has become more daunting. And the trend toward greater board accountability isnt likely to go away.

Time is money, and entrepreneurs never seem to have enough of both.This is particularly true for small business owners who can spend hours filling out a tsunami of documents to apply for government-backed loans. And when the exhaustive paperwork finally plods through an esoteric loan processing system, all small business...

The puzzlement on the part of some experts is thick. At the very time when some companies and community banks are rushing to put more of their data and applications into the cloud, some experts have noticed that, for the most part, credit unions are staying on the sidelines of...