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Articles Tagged with 'asset'

The 2012 Economy: ‘Good, Not Great’

March 21, 2012
Barring any major shocks, the U.S. economy should experience gross domestic product growth of 2.5% in 2012. READ MORE

The CFO’s Merger Role Expands

April 20, 2012
In the past, the CFO focused solely on financials during mergers. That’s no longer the case. READ MORE

A Renaissance Man

June 01, 2012
As the president/CEO at $24 million asset Connection Credit Union, Silverdale, Wash., Scott Prior enjoys the variability of daily challenges READ MORE

Communication Key in Controlling Expenses

April 17, 2013
This runs counter to the stereotype of the CFO who hides in an office, emerging only to growl at co-workers who seek to spend money in unexpected ways. READ MORE
June 13 Cover

Credit Union Magazine

• June digital edition

June 2013

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Recent Discussion

We utilized this product for a few months right now, but it doesn't seem to have much value in comparison to our other online tools. Good concept, works well. It just seems that our membership is not interested.

You make a good point, Wally. I should have caught that one. I'll take that out tidbit.

According to the article, "Bankrate.com examined 56 high-yield checking accounts...and found the average annual percentage yield (APY) to be 1.64%—nearly 33% higher than the average interest-bearing checking account (0.05%)." By a show of hands, who thinks a 1.64% APY is only roughly 33% higher than a 0.05% APY? Hmmm...

Steve, As always, the E-Scan provides key strategic insights for credit unions to consider. When it comes to reaching Generation Y (trend number 10), one of the best things credit unions can do is to target mom and dad. Research indicates that most young people start their first "bank" experience where their parents recommend. So to reach Gen. Y, go after mom and dad. Mark

Ed, this is correct: 100% is a 1-to-1 relationship, not 1%, which is a 1 to 100 relationship.

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