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Articles Tagged with 'cash'

Four Simple Rules for Balance Sheet Management

July 16, 2012
Large balances sitting in Fed funds have amounted to a painful and mistaken bet on rising interest rates. READ MORE

Ohio CUs Host ‘Cash Mobs’ to Support Small Business

November 10, 2012
The spotlight is on Jaime Crooks, marketing director, Ohio HealthCare FCU, Dublin. READ MORE

Arrest Employee Embezzlement

April 08, 2013
Most incidents stem from inadequate internal controls, inaccurate audits, lack of oversight, or abuse of authority. READ MORE
June 13 Cover

Credit Union Magazine

• June digital edition

June 2013

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Reach the Underserved

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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