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Management

Gladwell: CUs are David to Banks’ Goliath

May 17, 2013
‘True innovation comes from the marginal people who push innovations into the center.’ READ MORE

Lessons in Crisis Management from Sept. 11

May 15, 2013
A first-person account of how the nation's highest-ranking officials handled the deadliest terrorist attack on American soil. READ MORE

CU Movement Loses an Icon

May 11, 2013
Colleagues say Heins was ‘ceaseless in his devotion to CUs and cooperatives worldwide.’ READ MORE

Gladwell’s ‘Tipping Point’ Radically Altered Our Thinking

May 07, 2013
Controversial author's book probes the mysterious forces behind social trends, ideas, and epidemics. READ MORE

Scenes from the 2013 THINK Conference

May 01, 2013
The conference runs April 29 to May 2 in Chicago. READ MORE

Don’t Roll the Dice on Leadership

May 01, 2013
Don’t force upwardly mobile employees to keep their intensions secret. READ MORE

Let ACUC’s Keynoters Energize You in New York

May 01, 2013
The credit union movement’s forward-thinking conference will be held June 30-July 3. READ MORE

Five Issues Facing CFOs

May 01, 2013
Establish a policy that aligns concentration tolerance with the strategic plan. READ MORE

A Tailored Benefits Strategy Can Control Costs

April 30, 2013
'Identify your top performers and your key employees, and make sure you keep them happy.' READ MORE

Five Steps to Become ‘Super Productive’

April 19, 2013
Consider five strategies to eliminate waste and boost productivity. READ MORE
May Cover

Credit Union Magazine

• May digital edition

May 2013

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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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