Management

A Passion for Social Reform

September 23, 2009
Hispanics could invigorate stagnant CU membership growth. Who: Carlos Calderon What: CEO, OAS Staff FCU Where: Washington, D.C. Current top projects: Getting our credit union through the financial crisis and ensuring continued growth. I also am working on reaching the goals and objectives of the Network of Latino Credit Unions... READ MORE

'Nothing is Impossible'

September 23, 2009
With more than five decades in the credit union movement, Rita Haynes has faced her share of challenges. But the CEO of $11 million asset Faith Community United Credit Union, a community development credit union (CDCU) in Cleveland, rarely expresses discouragement. Despite many hurdles, “the needs are so great that... READ MORE

Mica to Leave CUNA in 2011

August 27, 2009
CUNA President/CEO Dan Mica will leave his post in January 2011, he told the CUNA Board and executive management team today. CUNA Chief Operating Officer and Chief of Staff Richard McBride also will step down in January 2011. “My mentor, the late Rep. Paul G. Rogers, often said an individual... READ MORE

Embrace the ‘Red-Nosed Revolution’

August 27, 2009
Your credit union is sprinkled with bright, empowered, innovative people known as Rudolphs (so named after the holiday character Rudolph the Red-Nosed Reindeer) because they can shine the light exactly where the organization needs to go. These people have always been important, according to “The Red-Nosed Revolution: Five Ways to... READ MORE

CU CEOs Delay Retirement

August 27, 2009
By Beth Stetenfeld The current recession put a lot of retirement plans on hold, and the retirement plans of credit union CEOs are no exception. Some CEOs say they want to rebuild their retirement savings. Others are putting off retirement because they want to see their credit unions through these... READ MORE

How Does Your 401(k) Plan Stack Up?

August 27, 2009
It used to be that simply offering your employees a 401(k) plan with the basic features was enough. But in the post-financial crisis era, it's important to measure your plan's success and take action when needed. READ MORE

Save the Smarts

August 25, 2009
Save the Smarts Judy Dahl Preserve your CU’s intellectual capital with a knowledge management system. Employees’ combined knowledge is one of credit unions’ most valuable assets. When a skilled employee leaves, years of expertise can walk out the door—unless you have systems in place to capture employees’ knowledge and use... READ MORE

Out of the Woods?

August 25, 2009
Out of the Woods? Mike Schenk Delinquencies are decreasing, but labor markets and income levels remain weak. Looking for a glimmer of hope in credit union financials? Look no further than recent asset quality statistics. The Credit Union National Association (CUNA) Monthly Credit Union Estimates Report—a compilation of operating results... READ MORE

Reward Star Performers

August 25, 2009
CUs turn to nonmonetary rewards during times of budgetary restraint. READ MORE

Mission-critical IT

August 25, 2009
Darla Dernovsek CUs step back during the recession to evaluate information technology priorities and operational goals. Credit unions haven’t put the brakes on every technology purchase or initiative as a result of the recession and tighter budgets, but information technology (IT) projects are having to prove their worth and potential... READ MORE

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