Management

CUs Take No-Frills Approach to Tech Spending

November 23, 2009
Judy Dahl They’re foregoing bells and whistles for tools that improve efficiency and security. When Scott Townsend learned about a system that automates meeting room reservations and displays the information on LCD panels, he was intrigued. But the chief information officer at $1 billion asset Michigan Schools and Government Credit... READ MORE

Interest Rates Hinge on 'Slack'

November 23, 2009
Steve Rick Unused economic capacity is restraining Fed action.   An old saying describes two types of economists—those who can’t forecast interest rates, and those who don’t know they can’t forecast interest rates. Considering myself part of the latter group, I’ll attempt to predict the future path of interest rates... READ MORE

Business Continuity: Test and Verify

November 23, 2009
Patrick Totty Not testing your business continuity plan is the same as not having one.   Ronald Reagan was fond of quoting a Russian proverb to Mikhail Gorbachev whenever the two negotiated an arms reduction treaty: “Doveryai, no proveryai!” or “Trust, but verify!” His advice also applies to business continuity... READ MORE

Rising Above 6%

November 23, 2009
CUs have held 6% of industry assets for nearly  two decades. Why not more? Dick Radtke Focus CUs’ share of assets among federally insured financial institutions has stalled at 6% since 1992. Alternative capital, some say, could help CUs gain additional market share. Board focus: Is share of assets a... READ MORE

Real-World Continuity Plans

November 23, 2009
Sharyn Alden CUs prepare to put pandemic plans into action. As waves of H1N1 flu continue, credit unions aren’t just crossing their fingers hoping they won’t get hit hard. Many have continuity plans that specifically address pandemic-related issues that may affect their workplaces. Some are documenting what they’re learning from... READ MORE

Anatomy of a 'Fix'

November 23, 2009
Daniel A. Mica How things get done in Washington—and who deserves the credit. This is a political story about how things get done in Washington—and who deserves the credit. It’s also a story about the Credit Union National Association (CUNA), the leagues, and credit unions—and how the credit union movement’s... READ MORE

Augustine Kang: Father of the Asian CU Movement

November 23, 2009
‘The purpose of CUs is to liberate people.’ Those who knew Augustine Kang during his decades of service to credit unions report he was a transforming figure. Some say he was a key 20th-century historical leader of the international credit union movement. Others describe Kang as “a man of the... READ MORE

Maintain a Learning Mindset

November 23, 2009
The ultimate goal in the eyes of many business leaders is that their organization would be a learning organization—constantly growing and investing in being creative and innovative to achieve great business results. That’s the opinion of Maria O’Donoghue, director of global learning and development at the Global Talent Management Centre... READ MORE

Opportunity of a Lifetime

November 23, 2009
Steve Rodgers, editor in chief Large banks’ unconscionable practices set the competitive stage for CUs. It’s too bad we’re so focused on earnings because we’re missing a once-in-a-lifetime opportunity. That was the opinion of a credit union CEO I spoke with at the National Credit Union Roundtable last spring. He... READ MORE

Special Report: U.S. Economic Outlook

November 20, 2009
CUNA Senior Economist Steve Rick The unthinkable has become routine, Credit Union National Association Senior Economist Steve Rick maintains during a Credit Union Magazine Webinar . Such events have a major impact on the economy and credit unions, he says, namely: The events of Sept. 11; The financial meltdown on... READ MORE

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