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Management

Four Simple Rules for Balance Sheet Management

July 16, 2012
Large balances sitting in Fed funds have amounted to a painful and mistaken bet on rising interest rates. READ MORE

Avoid the Seven Deadly Sins of Internal Audit

July 12, 2012
Boards and management want an internal audit function that can help the CU attain its objectives. READ MORE

Employee Retirement Plans: Learn from the Crisis

July 02, 2012
Traditional thinking about what makes a good retirement plan is being questioned. READ MORE

Nine Elements of a High-Performance Board Meeting

July 01, 2012
Immediate assessment is among the important features of effective meetings. READ MORE

Advice for Tomorrow’s Leaders  

July 01, 2012
The path to excellent leadership often includes some form of executive training. Among the options for training is CUNA Management School. READ MORE

Three Steps to a Better Wellness Program

July 01, 2012
Healthier employees mean lower health-care costs—but that’s not all. There are many benefits gained from strong health programs. READ MORE

Pricer: Take Stock of Health-Care Requirements

June 28, 2012
Defined contributions will help CUs better manage their health-care costs. READ MORE

Walling Celebrates 40 Years of CU Service

June 27, 2012
Walling joined what was then the $7 million asset American Baptist CU in 1972 as assistant manager. READ MORE

‘Destroy and Reimagine’

June 24, 2012
CUs can avoid obsolescence and compete with larger competitors by staying true to their “bedrock” values of integrity and service, and connecting with their local communities. READ MORE

Mercer: Good Isn’t Good Enough

June 20, 2012
‘We can’t play at the same level by working harder using the same techniques.' READ MORE
May Cover

Credit Union Magazine

• May digital edition

May 2013

heroes

What's Popular

Popular Stories

Scenes from the 19th Annual CUNA CFO Council Conference

Gladwell: CUs are David to Banks’ Goliath

Survey Says: Americans Lack Credit Score Knowledge

Warren Morrow Named 2013 CU Hero of the Year

Finovate Unveils Best of Show Winners

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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