Learn about our iPad app
Forgot your password?
stay local and connected
seeven steps business development
Articles Tagged with 'jobs'
Members’ Balance Sheets on the Mend
July 28, 2014
CUs play a key role in advising members on how to navigate their financial difficulties.
Movement is Life
February 04, 2014
One-fifth of workers plan to change jobs this year.
Finding Hidden Treasures
September 13, 2013
‘Individual unemployment is the strongest predictor of default.’
Employment Picture a Bit Fuzzy
November 01, 2012
There is good and bad news on the economy, says CUNA economist Mike Schenk.
Small Business Owners Hike the Hill
July 09, 2012
More than 500 credit unions will reach the legislated 12.25% business loan cap within three years.
Cheney: Act Now on MBL Bill
April 16, 2012
Congress is on recess this week and next, providing a great opportunity to encourage senators to support this legislation.
Hoyer: CUs Have an 'Awesome Constituency'
March 20, 2012
Legislator calls on CUs to help restore the American dream for consumers.
An Education Crisis and CUs
December 01, 2010
Without changes, future members might slip out of the middle class.
Where the Jobs Are
September 20, 2010
A look at private industry job growth and wages in 2010.
Consider the Doughnut Man
August 20, 2010
The 'doughnut man' owns a small pastry shop in Madison, Wis. He exemplifies two major economic trends redefining America's middle class.
Credit Union Magazine
July 2014 digital edition
Rewards Keep CU Cards ‘Top of Wallet’
A Social Media ROI Success Story
‘Always Know and Listen to Your Customers’
Happy 25th Birthday, Filene!
Guard Against Employment Practices Liability Claims
While I thought that the premise of the article was good, I found one point very disturbing. It is that the Visions FCU ages people off their board at age 70. I found that really offensive. It perpetuates what I believe to be the regrettable marginalization of elders in our society, and the often erroneous assumption of debility and decline after a certain chronological age. Lots of folks over 70 are leading dynamic and viable professional lives and contributing to our society. How about Warren Buffet, a number of Supreme Court Justices, Jimmy Carter, the late Nelson Mandela and the late Maya Angelou, to name but a few, along with scads of writers, academics, performers, artists, and often our friends, neighbors and colleagues. If Visions wants new people on their board, it seems as though the term limitations and a nominating committee can accomplish that without aging all people off at age 70. I think that’s so insulting. And if those were paid employment, it would be illegal. I do wish you’d have picked a different credit union to profile---one that perhaps does many of the same things, without the arbitrary age exclusion. There have to be others out there.
David, good point about the "recovering comfortably" comment. That was an editorial addition--which I'll remove.
Many good points but too rosy? Will the "Federal Reserve raise short-term interest rates 1% per year for the next three years, starting in 2015—“probably next year at this time” ? I have heard from other economist that the US government will go bankrupt if that happens due to the QE the fed has done for several years. Also it seems an exaggeration to say “We survived a heart attack,now the economy is recovering comfortably." Comfortably recovering is too ignore the economic stress that many members still live with daily that will eventually affect many credit unions.
Karan, Great article and insight. I would also recommend that you start getting those credit cards into the hands of the youth BEFORE they are in college. One of the best ways to reach this young generation is through mom and dad. Before the student goes to college, get them started with a credit card (even if mom and dad are joint on it). It's never too early to start marketing credit cards. Mark
I would respectfully disagree that transactional data is a good place to start. In my opinion, relationship data is a much better starting point. Transactional data tends to require more "mining" of thousands/millions of transactions to identify opportunities or threats. Relationship data, however, involves identifying and profiling your high-value relationships (those profitable relationships with multiple products/services, for example) and leveraging that information to attract/cross-sell similar members. Generally involves a bit less effort and quite a bit higher return.
Tweets by @cumagazine
Say: Should CUs Impose Age Limits for Directors?
. Design, CMS, Hosting & Web Development ::