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Articles Tagged with 'board'

Success Hinges on More Than 'Starr' Performers

July 23, 2010
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CUs Grow Business

June 30, 2010
Business development is coming into its own. Ten years ago, only a handful of credit unions had business development departments, and they were usually part of the marketing function. READ MORE

10 Trends for Strategic Planning

June 30, 2010
Few credit unions have come through the recession unscathed. Some have been hit harder than others. For most, just surviving the Great Recession has been a major accomplishment. But we're not out of the woods yet. READ MORE

Governance Challenges Concern CUs Worldwide

July 14, 2010
Director performance standards, capabilities, and remuneration dominated discussion during twin general session discussions Tuesday at The 1 Credit Union Conference. READ MORE

Crises Create Compliance Burdens, and 'This One's a Doozy'

July 14, 2010
Sixty-one new regulatory pronouncements were made in 2009 and more are expected in 2010. How can CUs deal with this growing burden? READ MORE

Stay Flexible to Meet CU Challenges

August 13, 2010
Judy Sparrow reflects on leadership, the CU philosophy, and her preferred choice of dinner companions. READ MORE

Succession Planning

September 01, 2010
Replacing a CEO can be a lengthy process. The time to develop a CEO succession plan is before you need one. READ MORE

Learn to Contemplate 'Impossible' Scenarios

August 18, 2010
Governance lessons the nonprofit sector learned during the financial crisis and the slow recovery. READ MORE

Make Succession Planning a Board Priority

September 08, 2010
The consequences of not having a CEO succession plan are "myriad and not pretty," says attorney Karen Saul. READ MORE

Are They Nuts?

October 01, 2010
Recapitalization and trust will be tough issues to address. READ MORE
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Credit Union Magazine

• May digital edition

May 2013

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Look into the Future of Finance

Finovate Highlights Industry's Best and Brightest

Scenes from FinovateSpring 2013

Scenes from the 19th Annual CUNA CFO Council Conference

Gladwell: CUs are David to Banks’ Goliath

Recent Discussion

In remembering Warren, the first thing I think of was his smile. He was a gentle, caring man who always thought of others first. I was honored to be a part of the MiOpportinidad project with Affinity Credit Union, Warren and Miriam. His hard work and dedication to that project was inspirational. Warren so deserves this award.

The author really understands the credit union philosophy and I really enjoyed the analogy of his bathroom remodel. The only thing missing was pictures of the finished bathroom! :)

Thank you Phillip for showing the differences between a Big Bank that is only looking to sell you products and a Credit Union that actually looks out for its members needs. Great article!

I love and give a standing ovation to Ron Kase and to other caring people just as much as those who passed away on 2012 like Warren Morrow at Des Moines Iowa. He worked hard for those who are under-served an under-represented, but wasn't mentioned in your magazine. It may be beneficial for the entire world to know about his accomplishments no for his benefit, obviously, but to increase the number of positive and caring people and to add members the CU. Just ask Coopera Consulting at Des Moines Iowa about Warren Morrow's legacy.

That’s right Lisa. The servicing rule would not require a credit union to create its own policies and procedures if all aspects of the servicing are delegated to a sub-servicer. However, remember that the credit union will have to conduct due diligence on the sub-servicer to make sure it is following the minimum requirements for policies and procedures. Unfortunately, even those credit unions that use a third party servicer will need to have a working knowledge of the CFPB’s servicing rule.

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