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end end lending
Articles Tagged with 'capital'
CUNA Economist Gives ‘Rosiest’ Forecast in Seven Years
August 22, 2014
‘There’s a tremendous amount of pent-up demand in the system.’
No Simple Answer to ‘Complex’ Question
August 07, 2014
As CUs grow, categorizing institutions based on operational sophistication has increasingly come into focus.
Hampel: Economy, Loan Growth ‘Pretty Decent’
May 01, 2014
CU loan growth is picking up, says CUNA’s chief economist.
Welcome to CUNA’s 2014 Governmental Affairs Conference
February 13, 2014
‘The movement owes its momentum to the combined voices of leaders like you.’
NCUA Video Addresses Liquidity and Contingency Funding Plans
November 19, 2013
Some CUs must have access to NCUA’s Central Liquidity Facility, the Fed’s discount window, or both.
Capital is King
June 17, 2013
The Capital Access for Small Businesses and Jobs Act would strengthen CUs and be consistent with our not-for-profit, cooperative nature.
Supplemental Capital Would Benefit CUs, Local Communities
April 01, 2013
Deposits keep flowing into CUs due to consumers’ flight to safety.
CUNA: Banks’ Attack On CU Bill Misfires
March 12, 2013
Supplemental capital bill for CUs is very balanced.
ERM: A Measure of Certainty in Uncertain Times
March 06, 2013
Four pieces of armor will protect CUs: governance independence, analytics, board involvement, and reporting frequency.
Corporate CU Assessments Handcuff Growth, Prompt Cutbacks
March 03, 2013
CU executives hope NCUA Corporate Stabilization Fund assessments will help keep the CU movement healthy in the long term.
Credit Union Magazine
September 2014 digital edition
Membership Growth Strategies
Attention CU Bean Counters: Employee Happiness Adds Up
Four Stages of a Compliance Audit
Money Machine Grabs Shoppers' Attention
Four ‘Must Haves’ for Mobile Pay Technology
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
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