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Articles Tagged with 'economists'

Be Sure to Plan for the ‘Outlier’

December 03, 2012
Economists’ predictions represent the most likely scenario—one that’s highly likely to be...wrong. READ MORE

Ten Loan Ideas for 2013

February 19, 2013
Economists have predicted credit union loan growth to be about 5% in 2013 READ MORE

State of the Economy: Slow growth, but uncertainty still prevails

February 26, 2013
During a breakout session Tuesday, CUNA economists Mike Schenk and Steve Rick, joined by NCUA Chief Economist John Worth, examined current economic trends. READ MORE
June 13 Cover

Credit Union Magazine

• June digital edition

June 2013

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Serving Low-Income Populations Requires Innovation

Why Should CUs Care about Immigration Reform?

How to Build Community Partners

Don’t Overlook the Higher-Priced Mortgage Rule

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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