Operations

Take A Holistic Approach To Information Security May 1, 2005 A common information security mistake credit unions make is taking each problem and threat separately, Kevin Prince, product manager for Cavion Plus, Mounds View, Minn., recently told Credit Union Magazine . Instead, credit unions should implement solutions that guard against... READ MORE

Eight Effective Financial Management Keys May 1, 2005 As credit unions and interest rates change, effective asset/liability management (ALM) becomes even more important. According to Tom Farin, president/CEO of Farin & Associates, Fitchburg, Wis., these eight financial management keys will help keep your credit union on track during times of... READ MORE

CUs Go To Great Lengths To Cultivate SEGs May 1, 2005 By Eugene H. Johnson Ten years ago, IBM Rocky Mountain Federal Credit Union, Boulder, Colo., was a single-sponsor credit union. Then, IBM began spinning off subsidiaries such as Lexmark, and the institution inherited employee groups from the various IBM... READ MORE

The Joy of SEGs May 1, 2005 By Cathy Fleming Successful select employee group (SEG) development depends on personal contact, credit union executives say. 'It's important to maintain regular contact with your SEGs,' says Ginger Baehr, director of marketing/business development for $25 million asset Cutting Edge Federal Credit Union, Milwaukie,... READ MORE

What's your biggest SEG development challenge? May 1, 2005 By Cathy Fleming Downsizings Hinder SEG Development There are a lot of mergers, relocations, and downsizing among companies today. Don't have all of your eggs in one basket. You might be better off diversifying and serving SEGs in different industries and... READ MORE

Customized Media Helps CUs Compete May 1, 2005 By Carol Brenner Although today's credit unions continue to thrive in an atmosphere of strong competition from banks and other financial service providers, they face issues ranging from electronic check conversions to bank attacks. To succeed, credit unions need to find a... READ MORE

How to Pass An IT Exam: 9 Steps April 1, 2005 By Danny Johnston Financial institutions house data that's highly critical and private in nature. While there's heightened security in all industries, regulators are examining information technology (IT) security in financial institutions with significantly greater scrutiny than in the past.... READ MORE

Plugging The Holes: 10 Trends Affecting Online Security And Privacy April 1, 2005 By Darla Dernovsek The advent of e-commerce and online financial services has made protecting information much more complicated. Once your credit union starts doing business online, it must anticipate unknown and unseen threats, plug holes that have... READ MORE

Prevent, Detect, And Monitor Online Fraud April 1, 2005 To mitigate risk associated with online financial services, credit union policies and systemic controls should create an environment in which fraud can be prevented, detected, monitored, and benchmarked against industry standards. According to 'Fraud Prevention Strategies for Internet Banking,' published by... READ MORE