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Articles Tagged with 'banking'

King: CUs Are No Longer a Place

July 19, 2012
Those not prepared for the move to mobile won’t have a future. READ MORE

Three Mobile Banking Security Best Practices

August 03, 2012
Fraud-detection platforms seek out pattern anomalies, flagging suspicious actions for CUs to examine and act on. READ MORE

Keep Up With Gen Y Trends

August 08, 2012
Gen Y can be a lucrative market in ways previous generations weren’t. READ MORE

Mobile Offers Opportunities, Threats

October 01, 2012
How big are those risks? It’s hard to tell. READ MORE

How Can CUs and Small Businesses Fight Check Fraud?

October 23, 2012
Organizations may be losing as much as 5% of their annual revenues due to fraud. READ MORE

Three Waves to Mobile Banking Evolution

October 19, 2012
Mobile will either drastically change the movement, or it will be the last nail in the coffin. READ MORE

Bank Transfer Day: One Year Later

October 17, 2012
The movement has seen some very good membership numbers since November 2011. READ MORE

Editor’s Notebook

December 13, 2012
The combined CUNA's Tech Council and Operations, Sales & Service Council conference is now one of the stronger events of the year. READ MORE

CUs and Mobile Monetization

December 13, 2012
Small business members will pay for mobile services that create new efficiencies. READ MORE

Service is the Problem; Technology is the Answer

March 14, 2013
Members will leave when it becomes more difficult to do business with you than to move their accounts. 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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