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Articles Tagged with 'student'

CUs Missing Out on Student Loan Opportunity

November 12, 2012
Why do less than 0.5% of CUs offer private student loans? READ MORE

Student Loans Show Potential

January 01, 2013
Student loans offer opportunities for income and provide an affordable way for members to send their children to college. READ MORE

One of Five Households Has Student Loan Debt

April 08, 2013
Average outstanding student loan balance approaching $30,000. READ MORE

High School CU Branch Provides ‘Hands-On, Real-Life’ Financial Education

April 23, 2013
High school branch reflects a nationwide trend by CUs to provide teens on-site access to financial education and services. READ MORE

Confusion Reigns Over Student Loan Costs

May 26, 2013
Half of high school seniors don’t understand the cost and terms of student loans. 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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