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Articles Tagged with 'directors'

New Rules Present New Risks for CU Directors

August 05, 2011
New fiduciary and financial literacy rules have greatly increased directors’ personal risk exposure. READ MORE

Meet Members’ Governance Expectations

December 16, 2011
Serving on a board is much different now than in the past. READ MORE

Prepare for Interest-Rate Risk Reg

June 13, 2012
Federally insured credit unions with more than $50 million in assets must comply with the IRR regulation, but federally insured credit unions with less than $10 million in assets are exempt. READ MORE

Walling Celebrates 40 Years of CU Service

June 27, 2012
Walling joined what was then the $7 million asset American Baptist CU in 1972 as assistant manager. READ MORE

Directors Must Evolve With Their CUs

September 14, 2012
As your CU's business model changes, so must board governance. READ MORE

Volunteer Leadership: What’s Old Is New Again

January 13, 2013
One great strength of our movement is the volunteer board of directors. READ MORE

Take a Holistic Approach to Compliance

November 21, 2012
Dividing compliance responsibilities among different departments leads to inconsistencies. READ MORE
June 13 Cover

Credit Union Magazine

• June digital edition

June 2013

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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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