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red flags indirect lending
primary financial institution
Cross-Selling Solely in Cyberspace
July 16, 2013
Micronotes Cross-Sell produces customized loan offers for members, and prompts call centers to follow up on hot leads.
My P2P Solution Involves Pen and Paper
July 15, 2013
You don’t need electricity to write a check.
Vendors Showcase Best Practices
July 10, 2013
Conference sessions highlight cutting-edge solutions.
Guard Against Social Media's Liability Risks
July 09, 2013
A recent survey indicated that 62% of U.S. financial institutions were not using social media because they worry about compliance violations.
Timing is Everything in the Changing Payments Space
July 09, 2013
Payments products and services represent 75% of CUs' fee income.
What's New From i3?
June 27, 2013
Pizza delivery sparks idea for mortgage program.
Mobile Extends Online Banking Evolution
June 24, 2013
Online banking systems have quickly expanded into budgeting and account tracking tools across multiple platforms.
Technology Council Identifies Five Top Tech Trends
June 20, 2013
Demand for seamless delivery across channels drives technology investments.
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.
June 01, 2013
The key strategic point is: The one who enrolls is the one who controls.
Credit Union Magazine
March 2014 digital edition
A New Payments Paradigm
Prepare for the End of Gridlock
Solving the Fannie and Freddie Puzzle
Many Consumers Burdened by 'Debito'
At Freedom First CU, People 'Bank for Good'
Mobile banking has come a long way. But I have to wonder why credit unions are not using their mobile platform for marketing purposes? I've asked many of my clients this question and the answer I hear most often is that their mobile platform provider hasn't developed that functionality yet. Are we missing BIG opportunities here?
This is a great list, but falls short. Consider the myriad of other risks that can bring the credit union to its knees: Technology risks including viruses, trojans, data breaches and other forms of security compromises. People risks, including disgruntled employees, social engineering attempts, social unrest, prison breakout, social media entries that also affect the mentioned reputational risk. Environmental risks, which could include derailed or overturned chemical tankers,blizzards, hurricanes, tornados, sink holes (save the Corvettes!), earthquakes, mudslides, forest fires. Leaders always need to be asking themselves, "What could stop us from performing our mission?" A solid crisis management organization, coupled with a realistic, exercised business continuity plan is vital to ensure continued operations.
Cash America self reported the Ohio collections robo signing incident which was a violation of company policy. An outside investigation was conducted and findings were reported to the state and CFPB. Customers were refunded money due the company before any federal or state action was announced.
This important article managed to engage & inform in a few short minutes. Kudos, CU Magazine!
This is such a great example of credit unions giving back. The key with Complex Community is that they don't just do these acts of kindness just to do them. They are a part of their culture (as you noted). Before starting a similar program, other credit unions should do a deep dive into their culture and then match their program to who they are.
Tweets by @cumagazine
Say: Who should be Credit Union Magazine's 2014 CU Hero of the Year?
William Armstrong, Northeast Community CU
Dan Morrisey, Queen of Peace Arlington FCU
William Rissel, Fort Knox FCU
Joni Senkpeil, Illinois CU System
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