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Even with succession plans, boards need to test waters

Peter Westerman | June 11, 2002

I read publisher Mike Welch's column of April 24, 2002 ("More boards soon to face their biggest decision") with interest. Overall I concur with his comments and feel they apply in all instances of CEO succession. While 25% of CU CEOs will retire in the next five years, many more...

Consumers managing their credit cards differently, surveys find

Peter Westerman | June 11, 2002

ARLINGTON, VA. - Consumers have told surveyors recently that they are using credit cards differently, carrying lower balances and, in general, taking steps to reduce their debt loads according to Cardweb.com, a site on the World Wide Web that tracks card news. A survey by Florida based Consolidated Credit Counseling...

According to rumors, you better watch out

Peter Westerman | June 11, 2002

Did you hear that earlier this year a long time credit union CEO resigned and joined a large bank taking with him most of the credit union's loan portfolio and his entire management staff causing the credit union to end up in dire straights? After he left, it eventually came...

Consumers don't trust insurance companies

Peter Westerman | June 11, 2002

CHICAGO - Forget the old clich about consumers not trusting the media, insurance companies rank second as the most untrustworthy industries. According to a survey conducted by Golin/Harris International, a public relations firm, industries with scores of -25 or less have "significant" trust problems. Insurers received a score of -59...

CUs managing extra deposits appropriately

Peter Westerman | June 11, 2002

WILIAMSBURG, Va. - The latest call report data reveals a continued increase in deposits for credit unions with more than $50 million in assets for the first quarter of 2002, NCUA Chairman Dennis Dollar told attendees at the CUNA CFO Council meeting in Williamsburg, Va. last week. More than 200...

Johnson, NAFCU reps to address MidWest CU leaders

Peter Westerman | June 11, 2002

FORT WAYNE, Ind.-Three Rivers Federal Credit Union is hosting an evening with NCUA Board Member JoAnn Johnson June 10 at the Allen County Memorial Coliseum. Also attending will be Three Rivers President and CEO Jim Mills, who also serves as NAFCU's chairman, and NAFCU President and CEO Fred Becker. Credit...

Commentary

Access Across America - Why It Matters

Peter Westerman | June 11, 2002

It is virtually impossible for anyone to achieve the American dream of financial independence if his or her primary financial institution is a pawn shop, title loan company or check cashing outlet. Financial independence for America's over 90 million `unbanked' or `underserved' individuals is indeed an elusive goal which they...

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Peter Westerman | June 11, 2002

Credit Union Association of Oregon, has promoted Doug Albertson to director of communications. Denali Alaskan Federal Credit Union, Anchorage, has named Cristin Hinger internal auditor. North Dakota Credit Union League, Bismarck, has elected the following officers to its board: George Economon, chair; Stuart Higginbotham, vice chair; and Marjorie Lange, secretary....

Schuurmans leaving CUES; moves to a CUES strategic partner

Peter Westerman | June 11, 2002

MADISON, Wis. - CUES Senior Vice President/ Business and Professional Development Franck Schuurmans is resigning from CUES effective July 1, 2002. Schuurmans joined CUES in 1997 as vice president/ professional development. He was tasked with researching trends in the financial services industry. Currently he is responsible for CUES' institute and...

Mending industry fences, taking credit unions worldwide became former CUNA Mutual leader Robert Curry's missions

Peter Westerman | June 11, 2002

RHINELANDER, Wis. - The air rife with `political infighting,' former CUNA Mutual Insurance Society president/CEO Robert Curry sought to heal a cut that ran deep and wide when he assumed the helm in 1973. Careful not to open any old wounds, Curry, recalls that a major factor for the division...

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Even with succession plans, boards need to test waters

Consumers managing their credit cards differently, surveys find

According to rumors, you better watch out

Consumers don't trust insurance companies

CUs managing extra deposits appropriately

Johnson, NAFCU reps to address MidWest CU leaders

Access Across America - Why It Matters

WEST

Schuurmans leaving CUES; moves to a CUES strategic partner

Mending industry fences, taking credit unions worldwide became former CUNA Mutual leader Robert Curry's missions

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