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Articles Tagged with 'payments'

Gear Up for Success

January 07, 2013
Find the right tools to help your CU weather any storm that comes along. READ MORE

Slithering Toward a Solution

February 04, 2013
Band-Aid approaches to solving dilemmas eventually create more problems than they solve. READ MORE

Mobile Services a Must-Have

March 13, 2013
Cutting-edge mobile services level the playing field against larger competitors. READ MORE

Study Reveals Strong Demand for Real-Time Payments

April 23, 2013
Payment services are especially popular among members of Generation Y. READ MORE

‘Enter the Mobile Payments Era’

May 11, 2013
Mobile services can help CUs serve young adults, small business owners, and the underserved. 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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