Operations

ALM and Corporate Stabilization

October 23, 2009
Patrick Totty ALM helps CUs manage spreads in the wake of NCUA assessments. In the wake of corporate credit union stabilization, asset/liability management (ALM) software and service vendors are seeing distinct reactions from credit unions—namely frustration, says Denny DeGroote, manager of ALM financial management services at The Members Group. As... READ MORE

Investments: Stay Short, Be Safe

October 23, 2009
Judy Dahl An improving economy requires portfolio managers to adjust their investment strategies. It’s an understatement to say the economic downturn posed challenges to credit union investment portfolio managers. They struggled to mitigate risk in the face of the mortgage meltdown, the credit crunch, the stock market tumble…. Let’s just... READ MORE

The Future Role of Corporate CUs

October 23, 2009
Sharyn Alden Opinions vary on how to restructure the corporate system. But leaders agree major changes are necessary. Corporate credit unions and their stakeholders hope to learn from events of the recent past that culminated in the National Credit Union Administration (NCUA) placing the two largest corporates into conservatorship in... READ MORE

Senior Scams

October 23, 2009
Seniors get fleeced out of billions of dollars every year—and most of it goes unreported. READ MORE

Foiling a Scam

October 23, 2009
Steve Rodgers Alert CU staff thought something was wrong, and it was. Bank of America didn’t catch it. Citibank didn’t catch it. Neither did Wells Fargo. As employees at those banks were busy processing withdrawals, Joe Gonzales was busy draining 82-year-old Jack Whittaker’s accounts. In little more than a year,... READ MORE

Get a Free DVD

October 12, 2009
Credit unions in Kenya are growing three times faster than credit unions in any other country, according to the World Council of Credit Unions (WOCCU). Find out why—and celebrate International Credit Union Day—with a free DVD highlighting credit union success in this African country. WOCCU has made a limited supply... READ MORE

ICU Day Broadcast to Celebrate Global CU Heritage

October 12, 2009
The annual International Credit Union Day (ICU Day) broadcast, sponsored by Credit Union Development Educators  (CUDE) and World Council of Credit Unions  (WOCCU), will highlight the continuing contributions of the worldwide credit union movement. This year's broadcast will originate from $3 billion asset United Nations Federal Credit Union , Long... READ MORE

Hispanic Outreach: Develop the Right Mindset

September 25, 2009
Before targeting the Hispanic market, credit unions first must establish an internal foundation by developing the right mindset to reach out to this community, according to Coopera Consulting , Des Moines, Iowa, as reported in CUNA’s 2009-2010 CUNA’s 2009-2010 Survey of Potential Members Report . “It’s not sufficient to want... READ MORE

Swindlers 'Party On' During Tough Economy

September 25, 2009
By Lora Kloth The recession may be waning, but it has invited scammers to throw what some call a “fraud party.” Fraud increases during recessions, and this downturn is no different. According to a recent report from The Network Inc. , a Norcross, Ga., firm that runs compliance and corporate-governance... READ MORE

Differentiate Cards With Merchant-Funded Rewards

September 25, 2009
By Kelly Passey How competitive are credit card rewards today? A recent report showed that consumers search online for the best credit card rewards 514,610 times a month, according to Orange Soda , an online marketing company based in American Fork, Utah. Add 8,200 searches made specifically for debit rewards... READ MORE
Credit Union Magazine

Credit Union Magazine

October 2014

What's Popular

Popular Stories

Recent Discussion

Your Say: Does Your CU Offer Subprime Loans?

View Results Poll Archive