Melvin Edwards : CUs can gain greater influence by speaking as a single global body. Watch an interview with Edwards now . Credit unions' ethical leadership has given them both integrity and strength during the current financial crisis, according to Melvin Edwards, World Council of Credit Unions ( WOCCU )... READ MORE
By John Franklin John Franklin: Having a well-dressed, well-mannered, and courteous person mess up my lunch order, transaction, or phone request is of no comfort to me. If you believe everything you hear and see in advertising, every business in the U.S. has the most courteous and friendly staff. Employing... READ MORE
By Sharon Severson Without question, these are serious financial times. As more people find themselves unemployed, underemployed, or otherwise strained to meet their financial obligations, they may be tempted to tap into their retirement savings. While borrowing from a 401(k) retirement account may seem like an easy path to fast... READ MORE
Focus on your member relationships, take advantage of competitors' weaknesses, and embrace technology investments. Mark Sievewright, senior vice president, Fiserv Inc., Brookfield, Wis., delivered those words of wisdom at CUNA's America's Credit Union Conference & Expo in Boston.
Mary Dunn: Topping the regulatory agenda are regulatory restructuring, top-level changes at NCUA, examination issues, and corporate CU issues. CUNA Deputy Counsel Mary Dunn outlined four critical regulatory issues for credit unions during a morning breakout session Wednesday: 1. Regulatory restructuring. The proposed Consumer Financial Protection Agency is a “glass... READ MORE
John Magill: An ambitious Congress is proposing legislative measures at breakneck speed. A “very ambitious Congress”
is proposing legislative measures “at breakneck speed,” John Magill, CUNA's senior vice president of legislative
affairs, told attendees of a breakout session Wednesday morning. Two areas--credit card reform and the housing bill that contains...
Next year will be a pivotal one on the credit union regulatory scene, NCUA Executive Director David Marquis told a Wednesday morning breakout session on legislative and regulatory issues during the America’s Credit Union Conference & Expo in Boston. Dave Marquis: NCUA's corporate CU rulemaking will be proposed this fall. Marquis noted... READ MORE
Author and venture capitalist Guy Kawasaki won over the America’s Credit Union Conference & Expo crowd when he admitted buying his first car from a credit union because the rates were lower. Guy Kawasaki: "The greatest role that life can bestow upon you is to be a revolutionary." “So when... READ MORE
National branding, capital levels, and students loans—not the corporate credit union stabilization plan—were the focus of questions to CUNA's senior management team during Tuesday morning’s General Session at the America’s Credit Union Conference & Expo. Mary Dunn: "We’ll work very closely with the [Obama] administration to make sure CUs won’t... READ MORE
Bill Hampel : Don't penalize members with high fees and rate changes. There’s some good news about the economy and a light at the end of the tunnel. But don’t expect boom times ahead because this isn’t a V-shaped recession, characterized by a swift decline and revival, CUNA economists told... READ MORE