Management

Spotlight: Randy Smith

July 20, 2009
Who : Randy M. Smith What : CEO, Randolph-Brooks FCU Where : Live Oak, Texas What’s your CU’s member business lending outlook? Our outlook is good. While our loan growth was 17% for the last six months of 2008, it still grew 9% for the first five months of 2009.... READ MORE

E-Scan Insights: Demographics

July 09, 2009
For the first time in more than two decades, credit unions experienced an increase in the number of peak borrowers—members age 25 to 44, reports CUNA’s 2009-2010 Credit Union Environmental Scan Report . Credit unions continue to struggle, however, to attract future borrowers—members age 18 to 24. Those numbers are... READ MORE

E-Scan Insights: Human Resources

July 09, 2009
Nearly 40% of credit unions plan to freeze salaries in 2009, up considerably from the 23% of credit unions that did so in 2008, reports CUNA’s 2009-2010 Credit Union Environmental Scan Report . This makes retention of value employees particularly challenging, even during these tough economic times. Many credit unions... READ MORE

Find the Right Strategic Planning Tools

July 01, 2009
CUNA Environmental Scan Editor Steve Rodgers explains how credit unions can use this tool in their strategic planning efforts, and describes some of the highlights found in the 2009-2010 edition. Watch now . At Digital Federal Credit Union in Marlborough, Mass., “We view any plan as a roadmap written at... READ MORE

WOCCU Chair Strives for Greater Global Unity

July 01, 2009
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

Are Your Employees 'Friendly, Smiling Incompetents?'

June 29, 2009
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

Savings Interrupted: Warn Staff About Draining 401(k) Plans

June 29, 2009
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

Strategy in a Whole New World

June 25, 2009
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. READ MORE

Four critical regulatory issues

June 24, 2009
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

Magill: On the legislative front

June 24, 2009
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... READ MORE

What's Popular

Popular Stories

Recent Discussion

Your Say: Should CUs Impose Age Limits for Directors?

View Results Poll Archive