Credit Union Management

Last night I was chatting with an old high school friend on Facebook who I hadn't spoken to in years. With the expansion of social media we were able to reconnect.

LAS VEGAS -- Speed networking was the objective of a WOCCU-moderated late afternoon session. Participants played musical chairs, spending five minutes together learning about each other's credit union and culture.

Despite an overflowing talent pool due to rising unemployment, credit union recruitment and retention efforts have never been more important.

As members contemplate the moves they need to make with their investment plans in light of layoffs and market fluctuations, are those credit unions that have yet to enter that realm really losing out?

The SEC said Goldman Sachs & Co. will pay a $550 million fine, the largest penalty ever paid by a Wall Street firm, to the agency, and reform its business practices to settle charges that it misled investors in a subprime mortgage product.

Thanks to a good relationship with its sponsor group and a stroke of luck, the $330 million Vons Employees FCU opened a full service,