Credit Union Management

LAS VEGAS -- By now, it's probably safe to say that the credit union industry is getting the message that engaging in some form of social media is essential to keep up with members.

LAS VEGAS -- At the core of innovation is probably realizing that failure could occur over and over and over again, Joe Batista, director and chief creatologist at Hewlett-Packard Co, told attendees today at NACUSO's annual conference.

LAS VEGAS -- On the minds of many of the attendees and speakers at NACUSO's annual conference this week will likely be credit unions and their pressing challenge to remain sustainable.

LAS VEGAS -- Credit unions clinging to the traditional methods of doing businesses may get left behind as industries evolve in the social medial and international realm Pepperdine University Professor Gary Mangiofico said.

LAS VEGAS -- Robert Redford's character deciding to fight off a band of unknowns rather than jump off a mountain cliff into a stream may provide credit unions with an example of how embracing the unknown can be a good thing.

The balances on certificates of deposit with terms of three years or more and are under $100,000 are most likely to drop in reaction to Federal Reserve Board rate moves, according to research firm Market Rates Insight.