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Articles Tagged with 'risk'
Matz: NCUA Resources to Go Where Risks Are
October 31, 2013
Video interview with the NCUA chairman addresses stress testing, corporate assessments, and more.
Involve the Board in Technology Planning
October 18, 2013
Is your CU making the most of technology?
Service vs. Security
September 21, 2013
Take steps to thwart criminals who exploit HELOCs and wire transfers.
Regulatory Compliance for Investments
July 31, 2013
CUNA expects NCUA to issue additional guidance on how to comply with its new investment rules.
Vendors Showcase Best Practices
July 10, 2013
Conference sessions highlight cutting-edge solutions.
Identify & Monitor Indirect Auto Lending Risks
May 20, 2013
A successful indirect auto lending program forecasts risk and monitors deviations from your CU's plan.
Be Prudent When Exercising Caution
May 10, 2013
Don’t be afraid to use analytics to help determine your value proposition.
Reduce The Risk of Workplace Violence
April 15, 2013
Prudent employers are evaluating the risk of violence in the workplace.
Extend Your View and Sharpen Your Focus
March 26, 2013
In the wake of the economic crisis, ERM receives a lot of attention—and for good reason.
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.
Credit Union Magazine
September 2014 digital edition
Guide Members to Financial Health
Defining the Social Media ROI Debate
You Can't Freeze Out CU Folks From a Good Fundraiser
Transforming the Branch Manager
Driven to Serve
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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