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Articles Tagged with 'lending'
Pumping Up Auto Loan Volume
September 30, 2011
Auto loans have long been the bread and butter of credit union lending. But these days the bread is a tad drier and the butter a bit scarcer.
Perry: Raise the MBL Cap
September 16, 2011
It’s time to consider increasing CUs’ member business lending cap, Texas governor and presidential candidate Rick Perry told more than 250 credit union representatives at the Iowa Credit Union Convention.
CU Sustainability: Embrace a Shared-Value Business Model
September 16, 2011
New approach would connect CUs to the community in several new, important ways.
Counteract Cookie-Cutter Collections
August 21, 2011
White paper advises CUs to treat collections like sales.
Competitive CU Expands Market Reach
August 01, 2011
Todd Helmerson, director of loan production at Kinecta FCU, describes his credit union’s new FHA wholesale mortgage program.
Exec of the Week: Melissa Moraccini
July 07, 2011
The Michigan Schools and Government CU Mortgage Lending Manager was named Young CU Professional of the Year.
Get the Lending Lowdown
June 22, 2011
The complexity and depth of the compliance changes will tax CU staff and pocketbooks.
Credit Card Pricing: Navigating a Post-CARD Act Market
June 17, 2011
Credit unions nationwide face a new, revamped market.
‘You’re Worth More Here’
June 13, 2011
Ron Kase's proudest accomplishments: The creation of 450 jobs in and helping young members help themselves at the start of their economic lives.
June 01, 2011
Declining delinquencies should enable loan loss provisions to dramatically decrease in 2011 and 2012.
Credit Union Magazine
August 2014 digital edition
CUs Plan Hiring, Pay Increases
Set Up New Hires for Success: Seven Steps
Want to Be More Productive? Be Like Socrates
Avoid the Compliance Pitfalls of Social Media Advertising
Turn Technology Hold-Outs into Adopters
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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