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Articles Tagged with 'financial'
Judges Highlight 2010 Desjardins Standouts
December 16, 2010
CUs’ efforts will continue to combat financial illiteracy for years to come.
Deliver the 'FHB' Message
December 01, 2010
CUs owe it to their members to provide financial education.
Financial Illiteracy: It’s Worse Than We Thought
December 01, 2010
CUs can help members repair their balance sheets and adopt sound money management principles.
Texas League, CO-OP Financial Services Form Partnership
November 11, 2010
CO-OP Mobile for mobile banking features a multi-mode platform supporting text banking, mobile Web browser, and downloadable applications to supported devices, including iPhones.
Financial Counseling Curbs Loan Losses, Helps Members
October 27, 2010
Case study offers best practices for increasing the impact of financial counseling.
The Evolution of CU Branches
October 13, 2010
Ten years from now, many branches will look more like community centers than financial centers.
Inside the Dodd-Frank Legislative Debate
October 01, 2010
CUNA approached the regulatory restructuring debate with the assumption that a bill was going to become law.
Competitive Intelligence Provider Aids CUs Decision-Making
September 02, 2010
Informa Research Services will provide credit unions with rate intelligence and mystery shopping services through a new alliance with CUNA Strategic Services.
Face the Fickle Finger of Fate
November 23, 2009
CU role-playing game gives young people a taste of real-life finances.
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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