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ceo performance review
Articles Tagged with 'family'
‘Exposure is Everything’ for Financial Success
August 29, 2012
The McNeill family of Miami is a living example of financial literacy leading to financial empowerment.
The Courage to Act
May 01, 2012
Major Dan Rooney describes the moment that led him to start Folds of Honor, and what motivates him to do big things in life.
'Behind the Beautiful Forevers'
April 23, 2012
It has become increasingly common in the U.S. to blame the least among us, as well as those who have suffered most from the Great Recession, for their own problems.
‘Behind the Beautiful Forevers’
April 08, 2012
Social and economic conditions plaguing millions are due to complexities and dynamics that too often are misunderstood.
September 23, 2011
Serving indigenous people from Alaska’s Inside Passage to Australia's Aboriginal lands helps CUs create a stronger financial cooperative.
Serving Those Who Serve
August 10, 2011
The wars in Afghanistan and Iraq sometimes hit painfully close to home for military credit unions.
Credit Union Magazine
July 2014 digital edition
Slide Show: The Daily Duties of a Home-Based CU Manager
Regulators Focus on Interest-Rate Risk
Five Cyber Security Considerations for CUs
Advocacy Puts Board Members on Offense
Win Employee Love: Four Steps
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
I would respectfully disagree that transactional data is a good place to start. In my opinion, relationship data is a much better starting point. Transactional data tends to require more "mining" of thousands/millions of transactions to identify opportunities or threats. Relationship data, however, involves identifying and profiling your high-value relationships (those profitable relationships with multiple products/services, for example) and leveraging that information to attract/cross-sell similar members. Generally involves a bit less effort and quite a bit higher return.
Congratulations on a fine article. Perhaps the best advise is unsaid but exemplified throughout the article - namely avoiding the use of the term "Financial Literacy." The term is insulting and counterproductive because it implies that those who take the training are "Illiterate."
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