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Articles Tagged with 'movement'
Cheney: ‘We’ve Energized the Movement’
April 21, 2014
‘Keep your eye on Washington, but keep your ear on CUs all around the country.’
McCormack: ‘Keep It a Movement’
December 23, 2013
Retiring PCUA CEO urges colleagues to involve young people.
Is CU History Still Relevant?
October 15, 2013
Now that the movement has surpassed $1 trillion in total assets, does our history still matter?
A Brief History of International CU Day
October 15, 2013
The first ICU Day was on January 17 in honor of Benjamin Franklin’s birthday.
Looking for Rock Stars
July 01, 2013
If you know a Credit Union Rock Star, tell us about him or her.
A Tireless Advocate
February 24, 2013
Hubert Hoosman, CEO of Vantage CU, has been a tireless advocate for CU philosophy for more than 30 years.
International Credit Union Day (#ICUday)
October 18, 2012
Let's take a snapshot of the CU movement on International CU Day.
Operating Ratios Are Not Guiding Principles
October 12, 2012
These key indicators certainly can measure a CU's financial performance, but they aren’t what make a CU successful.
Let’s Take a Snapshot of the CU Movement on International CU Day
October 09, 2012
Showcase the credit union difference to your peers in the movement and the world at large.
Celebrating CU Uniqueness
October 02, 2012
Three dates to circle in red on your fall calendar: Oct. 8, Oct. 18, and Nov. 5
Credit Union Magazine
July 2014 digital edition
Slide Show: The Daily Duties of a Home-Based CU Manager
Regulators Focus on Interest-Rate Risk
Where Does it All Go?
A Social Media ROI Success Story
Happy 25th Birthday, Filene!
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.
Congratulations on a fine article. Perhaps the best advise is unsaid but exemplified throughout the article - namely avoiding the use of the term "Financial Literacy." The term is insulting and counterproductive because it implies that those who take the training are "Illiterate."
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