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Management

Morrow’s Vision Lives On at Coopera

March 07, 2012
Warren’s passing was stunning, but it did not shake our resolve to bring more Hispanic members into the CU fold. READ MORE

 Politically Active CEO Counts Blessings

March 01, 2012
Rudy Hanley’s formative years appear similar to those of many young Americans. But that’s just part of the story. READ MORE

Big Challenges Confronting Small Credit Unions

March 01, 2012
It’s tough to fight economies of scale, as small CUs are well aware. READ MORE

Calculate Your Scheduling ROI

February 24, 2012
Failing to optimize workforce productivity leads to further squeezing of already tight margins. READ MORE

Living With Narrow Net Interest Margins

February 16, 2012
In the past, most CUs could generate sufficient net interest to cover operating expenses. For most of us, this is no longer true. READ MORE

Egan: Put Members’ Interests First

February 16, 2012
Legislators and regulators must pay heed to CUs’ challenges to keep the CU charter viable. READ MORE

Cooperatively Yours

February 15, 2012
How can CUs get involved in the International Year of Cooperatives? READ MORE

Pay Attention to New Golden Parachute Rules

February 05, 2012
NCUA issued new rules in June 2011 regarding golden parachute payments for troubled CUs. READ MORE

CUs Cut Costs as Margins Shrink

February 01, 2012
The financial world is changing fast. Positioning for the future is critical in this competitive environment. READ MORE

Give Board Engagement a Boost

January 31, 2012
CU and corporate governance are so similar that if CUs followed most of the best practices compiled by the Business Roundtable, board engagement would increase significantly. 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

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Warren Morrow Named 2013 CU Hero of the Year

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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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