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Articles Tagged with 'student'

Student Loan Default Rates Increase

September 21, 2010
U.S. Secretary of Education Arne Duncan announced that the fiscal year 2008 national student loan default rate is 7%, up from 6.7% as of fiscal year 2007. READ MORE

CSS Alliance Delivers College Planning Advice

February 18, 2011
To help CU members through the college financing process, CUNA Strategic Services and its strategic alliance provider, Fynanz Inc., will bring college planning information to CUNA’s member education products. READ MORE

What’s That Roaring Sound?

September 12, 2011
An obscure book of business just a few years ago, student loan debt has roared past credit card debt and will surpass $1 trillion this year. READ MORE

Students Weigh Higher Education Options

September 06, 2011
Higher education tuition and fees have more than doubled since 2000—a rate faster than real estate appreciation during the housing bubble. READ MORE

‘Lost Generation’ Faces New Obstacles

March 08, 2012
CUs can reach young adults by emphasizing their strengths: Financial stability and reasonable rates and fees. READ MORE

Boulder Valley CU Wins Lifetime Achievement Award

March 06, 2012
The award recognizes Boulder Valley CU’s philosophical commitment to supplementing classroom education with hands-on learning. READ MORE

Fynanz Surpasses 200 Lending Partners

June 05, 2012
Thirty new lending partners have joined the private student lending platform in early 2012. READ MORE

The Lifelong Consequences of Student Debt

August 01, 2012
U.S. student debt is about $1 trillion and growing, and defaults are climbing. It’s entirely possible this trend might evolve into a crisis. READ MORE

Students Assume Greater Share of College Costs

August 24, 2012
Lack of understanding about private student loans can lead to serious financial problems after graduation. READ MORE

The Tiny Little Voice

October 01, 2012
How often does acumen help us make good business decisions for our members and coworkers? 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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