Articles Tagged with 'interchange'

A Good Way To Save Money

November 01, 2011
When Bank of America announced that it will start imposing a $5 monthly fee for debit card use on a big chunk of its customers, we heard the comments—from consumers, the press, and even the U.S. president. READ MORE

Exploring Strategies to Manage Interchange Income

August 30, 2011
Consider a single PIN debit network strategy as a way to relieve downward pressure on interchange income. READ MORE

Beware ‘Retailer Steering,’ Panelists Warn

August 17, 2011
Employ vigilance to keep retailers from steering consumers toward non-CU debit cards. READ MORE

Interchange: A Coda

August 08, 2011
On June 29, the Federal Reserve Board of Governors adopted its debit interchange final rule, described (by some) as "surprising" and by others as "infuriating." READ MORE

CUs Dodge a Cannonball

August 01, 2011
CUs that offer debit card programs dodged a cannonball with the new interchange rule the Federal Reserve adopted June 29. READ MORE

Interchange By the Numbers

July 01, 2011
Our ultimate goal is to protect CUs’ ability to continue offering members affordable financial products. READ MORE

Cheney: ‘The Fed Clearly Listened to CUs’

July 01, 2011
‘Tireless effort’ of CUs, leagues, and CUNA sent a clear message to the Fed. READ MORE

CUNA’s Interchange Push

June 24, 2011
Job one: Preserve as much fee income as possible. READ MORE

Cheney: State of CUs is ‘Extremely Good’

June 21, 2011
CUs must be consistent in their messages to Congress. READ MORE

Cheney ‘Deeply Disappointed’ Over Interchange Vote

June 09, 2011
The Senate on Wednesday rejected an amendment from Sens. Jon Tester, D-Mont., and Bob Corker, R-Tenn., that would have delayed implementation of the Federal Reserve’s debit card interchange fee cap. READ MORE

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Great article! Unfortunately, most employees don’t feel valued or appreciated by their supervisors or employers. In fact, research has shown that the predominant reason team members quit their jobs is because they don’t feel valued. This is in spite of the fact that employee recognition programs have proliferated in the workplace – over 90% of all organizations in the U.S. has some form of employee recognition activities in place. But most employee recognition programs are viewed with skepticism and cynicism – because they aren’t viewed as being genuine in their communication of appreciation. Getting the “employee of the month” award, receiving a certificate of recognition, or a “Way to go, team!” email just don’t get the job done. How do you communicate authentic appreciation? We have found people have different ways that they want to be shown appreciation, and if you don’t communicate in the language of appreciation important to them, you essentially “miss the mark”. Additionally, employees need to receive recognition more than once a year at their performance review. Otherwise, they view the praise as “going through the motions”. A third component of authentic appreciation is that the communication has to be about them personally – not the department, not their group, but something they did. Finally, they have to believe that you mean what you say. How you treat them has to match the words you use. If you are not sure how your team members want to be shown appreciation, the Motivating By Appreciation Inventory (www.appreciationatwork.com/assess) will identify the language of appreciation and specific actions preferred by each employee. You then can create a group profile for your team, so everyone knows how to encourage one another. Remember, employees want to know that they are valued for what they contribute to the success of the organization. And communicating authentic appreciation in the ways they desire it can make the difference between keeping your quality team members or having a negative work environment that everyone wants to leave. Paul White, Ph.D., is the co-author of The 5 Languages of Appreciation in the Workplace with Dr. Gary Chapman.

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