The $41 million Cowlitz Credit Union in Longview, Wash., plans to merge into the $581 million Red Canoe Credit Union, also based in Longview, by September.
Board Chairman Larry Anderson said $41M Cowlitz can't keep up with new regs and technology developments. The two credit unions share a history.
In the constant bid for growth, it may help to work on building and reinforcing a strong foundation before chasing the next new thing.
The software is allowing Red Canoe to analyze transaction activity and optimize branch workforce scheduling at its seven branches.
If the marketing call to action for 2011 has been loans, then looking at common challenges through a new lens will be equally important in 2012.
As the new year approaches, many credit unions are looking for new ways to increase profits and become more effective.
Allied Solutions, Carmel, Ind., representative Amy Skeptaris received a "Special Teams Player" award from Credit Union West of St. Paul, Minn. The award