Management

Wake Up and Smell the Salsa   Mark Condon Too many young people are unfamiliar with CUs. Every summer, Wisconsin’s Beloit College publishes a list of cultural observations that help people identify the experiences shaping the lives and forming the collective mindset of incoming freshmen. Here’s a sampling of this... READ MORE

Daniel A. Mica I’m moving on, but definitely not retiring. You may have heard I’m stepping down as the Credit Union National Association’s (CUNA) CEO, effective January 2011. If you haven’t heard, well, it’s true: I’ll be moving on. Let me be clear about one thing, however—I’m not retiring. I’m... READ MORE

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

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

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

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

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

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 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? 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