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Photos: CUNA CFO Council Conference Underway
May 20, 2014
Scenes from the 2014 CUNA CFO Council Conference.
Prepare for Isolated Emergencies: 10 Steps
May 15, 2014
Unexpected events can be just as damaging to your CU as weather-related outages.
Defend Against Fraudsters’ Tactics and Threats
May 14, 2014
CUs must balance security and member service.
Create Card Carrying Members
May 13, 2014
Use data analysis to staunch the outward flow of credit card business.
Lower Risk; Greater Value
May 03, 2014
NCUA has approved its final rule on derivatives.
Help Kids Brush Up on Finances
April 21, 2014
Tooth Fairy offers chance to teach children about smart money habits.
'A Little Predicting Goes a Long Way'
April 20, 2014
Analytical tools sift through mountains of consumer behavioral data.
Scenes from NACUSO 2014
April 18, 2014
Conference draws nearly 450 attendees to Lake Buena Vista, Fla.
Retirees’ Longevity Takes Luster off Golden Years
April 15, 2014
‘Members need CUs today more than ever.’
NASCUS Chair: Regulators Should Address CUSO Function, Not Safety
April 15, 2014
‘We don’t need to regulate CUSOs, we just need to understand how they work.’
Credit Union Magazine
September 2014 digital edition
Membership Growth Strategies
Q&A: How Technology Shapes CU Branch Design
Four ‘Must Haves’ for Mobile Pay Technology
Money Machine Grabs Shoppers' Attention
When Lightning Strikes
While I thought that the premise of the article was good, I found one point very disturbing. It is that the Visions FCU ages people off their board at age 70. I found that really offensive. It perpetuates what I believe to be the regrettable marginalization of elders in our society, and the often erroneous assumption of debility and decline after a certain chronological age. Lots of folks over 70 are leading dynamic and viable professional lives and contributing to our society. How about Warren Buffet, a number of Supreme Court Justices, Jimmy Carter, the late Nelson Mandela and the late Maya Angelou, to name but a few, along with scads of writers, academics, performers, artists, and often our friends, neighbors and colleagues. If Visions wants new people on their board, it seems as though the term limitations and a nominating committee can accomplish that without aging all people off at age 70. I think that’s so insulting. And if those were paid employment, it would be illegal. I do wish you’d have picked a different credit union to profile---one that perhaps does many of the same things, without the arbitrary age exclusion. There have to be others out there.
David, good point about the "recovering comfortably" comment. That was an editorial addition--which I'll remove.
Many good points but too rosy? Will the "Federal Reserve raise short-term interest rates 1% per year for the next three years, starting in 2015—“probably next year at this time” ? I have heard from other economist that the US government will go bankrupt if that happens due to the QE the fed has done for several years. Also it seems an exaggeration to say “We survived a heart attack,now the economy is recovering comfortably." Comfortably recovering is too ignore the economic stress that many members still live with daily that will eventually affect many credit unions.
Karan, Great article and insight. I would also recommend that you start getting those credit cards into the hands of the youth BEFORE they are in college. One of the best ways to reach this young generation is through mom and dad. Before the student goes to college, get them started with a credit card (even if mom and dad are joint on it). It's never too early to start marketing credit cards. Mark
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