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Mobile: From Novelty to Game Changer

June 17, 2013
Worldwide mobile payment transaction values were expected to surpass $171.5 billion in 2012—a 62% increase from 2011. READ MORE

Mobile Extends Online-Banking Evolution

June 10, 2013
Online banking systems have quickly expanded into budgeting and account tracking tools across multiple platforms. READ MORE

My P2P Solution Involves Pen and Paper

June 01, 2013
You don’t need electricity to write a check. READ MORE

Set Your Innovation Process Free

June 01, 2013
'Good ideas can happen in the office, at a ball game, at church, at a party—anywhere someone’s creative juices are touched.' READ MORE

What's New From i3?

June 01, 2013
A look at what Filene's renowned (Ideas, Innovation, and Implementation) group is working on. READ MORE

Innovation by Design

June 01, 2013
Creativity, some believe, is an escape from disciplined thinking. READ MORE

Look into the Future of Finance

May 25, 2013
Check out the latest advancements from the financial service industry’s technology leaders. READ MORE

Top Nine Tweetable Moments from FinovateSpring

May 16, 2013
Conference highlights the best in financial services innovation. READ MORE

Finovate Unveils Best of Show Winners

May 16, 2013
See who emerged from the pack of more than 70 presenters. READ MORE

FinovateSpring Comes to a Close

May 16, 2013
Final day features innovations from Adobe to Zooz. 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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