Credit Union Management

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.

Despite an overall decrease of $200 billion in certificate of deposit balances in the first half of this year, those that have $100,000 or more with terms over one year are growing.

"May you live in interesting times" is an old Chinese saying, a backhanded curse perhaps but also a blessing because meeting challenges also can mean creating opportunities.

The strain of staying ahead of managing capital and net worth ratios has left some credit unions looking at the bottom of the barrel for more solutions as the year comes to an end.

Sterne Agee, one of the oldest and largest privately owned investment banking firms in the country, will host a forum exclusively for credit unions today.

CU Exchange guest blogger Andrew McGeorge, senior portfolio strategist with CNBS, offers advice on how smaller credit unions might buy securities.