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Articles Tagged with 'unions'
CU Movement Loses an Icon
May 11, 2013
Colleagues say Heins was ‘ceaseless in his devotion to CUs and cooperatives worldwide.’
‘Enter the Mobile Payments Era’
May 11, 2013
Mobile services can help CUs serve young adults, small business owners, and the underserved.
The Curious Case of Bank Fees
May 10, 2013
There’s a striking contrast between CU and bank fees.
Five Tech Trends to Watch
May 01, 2013
CUs must continually improve their technical infrastructure.
Texas CU Foundation Poised to Help Victims of Explosion
April 18, 2013
There’s no word yet whether CUs or their staff have been affected.
Does Your Video Surveillance System Measure Up?
April 15, 2013
Video surveillance technology has come a long way since the introduction of first-generation digital recorders 10 or 12 years ago.
Times Square Video Billboard to Promote CUs
April 12, 2013
Ad will display logo and URL for aSmarterChoice throughout the message’s duration.
Leverage Disruptive Technologies—or be Leveled by Them
April 10, 2013
‘Think outside the old banking box,’ economist urges CUs.
Is Shared Branching Dead?
April 05, 2013
Shared branching expands member convenience and can boost CUs' ROI.
Supplemental Capital Would Benefit CUs, Local Communities
April 01, 2013
Deposits keep flowing into CUs due to consumers’ flight to safety.
Credit Union Magazine
September 2014 digital edition
Membership Growth Strategies
Attention CU Bean Counters: Employee Happiness Adds Up
Money Machine Grabs Shoppers' Attention
Four ‘Must Haves’ for Mobile Pay Technology
Summer's End Signifies Start of Strategic Planning Season
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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