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Federal CU Act Passes: 1934

November 18, 2008
A federal law passed in 1934—a year in which U.S. unemployment stood at 22% and dust storms in the Central Plains created the “Dust Bowl”—is behind much of the business-as-usual of today’s credit unions.   The 73rd Congress passed the Federal Credit Union Act June 16, 1934, and President Franklin... READ MORE

Post-Panic Economic Look

November 17, 2008
Bill Hampel   The economy won’t get nearly as bad as during the Great Depression .   Even before the conservatorships of Freddie Mac and Fannie Mae, the bailout of AIG, and the failure of Lehman Brothers, the economic outlook was far from rosy. Back then, it appeared the economy... READ MORE

The New Direction

November 17, 2008
Daniel A. Mica   One thing is certain: Change is coming from many directions.   The historic election last month of Barack Obama as president culminated a long campaign that promised “change” for the nation. And change definitely is coming.   The new team in power, spurred by financial upheaval,... READ MORE

Video: Spread the Safety & Soundness Message

November 01, 2008
Video: Spread the Safety & Soundness Message November 1, 2008 Let members know that the Emergency Economic Stabilization Act of 2008 increases savings insurance coverage at federally insured credit unions from $100,000 to $250,000. CUNA economist Mike Schenk explains how accounts in federally insured credit unions are backed by the... READ MORE

America's CUs: For the People for 100 Years

November 01, 2008
America's CUs: For the People for 100 Years November 1, 2008 By Lucy Harr In the coming months, America's credit unions will celebrate the 100th anniversary of their U.S. origins. Just as the ancient Romans built stone pillars—milestones—to mark their progress on the Appian Way, historical milestones allow us to... READ MORE

CU Hero: John Herrera

September 01, 2008
CU Hero: John Herrera September 1, 2008 Not long ago, Hispanics in Durham, N.C., were locked out of the mainstream financial system. The language barrier made it impossible for them to set up accounts at local English-only-speaking banks. And by keeping their hard-earned money in cash, they became prime targets... READ MORE

Farber: Don't Be a Leadership 'Poser'

August 01, 2008
Farber: Don't Be a Leadership 'Poser' August 1, 2008 By Bill Merrick Have you "shifted a paradigm" lately? "Empowered" someone, perhaps? If you've tossed around such chestnuts without changing your actions, you're a leadership poser—someone who wears the "leader" label without truly being one. Shame on you. So said Steve... READ MORE

Podcast: Are you a 'Pooper' or a 'Scooper?'

July 01, 2008
Podcast: Are you a 'Pooper' or a 'Scooper?' July 1, 2008 "Dog poop" is a metaphor for all of the workplace problems people ignore, says author Kirk Weisler. He says too many employees and managers simply ignore or complain about problems such as broken relationships, toxic personalities, and outdated technology—hoping... READ MORE

CU Hero: The Winner Is ...

June 01, 2008
CU Hero: The Winner Is ... June 1, 2008 Lynda Milton, CEO of $5.4 million asset Houston Teamsters Federal Credit Union , is Credit Union Magazine's 2008 CU Hero of the Year. She'll receive her award at (and complimentary registration to) the America's Credit Union Conference June 29 to July... READ MORE

Review CUNA's 2007 Annual Report

June 01, 2008
Review CUNA's 2007 Annual Report June 1, 2008 Paramount objectives for the Credit Union National Association ( CUNA ) during 2007 were growth and member involvement—most notably as part of CUNA's expanded financial literacy programs, says Tom Dorety, CUNA chairman and CEO of Suncoast Schools Federal Credit Union, Tampa, Fla.... READ MORE

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Great article! Unfortunately, most employees don’t feel valued or appreciated by their supervisors or employers. In fact, research has shown that the predominant reason team members quit their jobs is because they don’t feel valued. This is in spite of the fact that employee recognition programs have proliferated in the workplace – over 90% of all organizations in the U.S. has some form of employee recognition activities in place. But most employee recognition programs are viewed with skepticism and cynicism – because they aren’t viewed as being genuine in their communication of appreciation. Getting the “employee of the month” award, receiving a certificate of recognition, or a “Way to go, team!” email just don’t get the job done. How do you communicate authentic appreciation? We have found people have different ways that they want to be shown appreciation, and if you don’t communicate in the language of appreciation important to them, you essentially “miss the mark”. Additionally, employees need to receive recognition more than once a year at their performance review. Otherwise, they view the praise as “going through the motions”. A third component of authentic appreciation is that the communication has to be about them personally – not the department, not their group, but something they did. Finally, they have to believe that you mean what you say. How you treat them has to match the words you use. If you are not sure how your team members want to be shown appreciation, the Motivating By Appreciation Inventory (www.appreciationatwork.com/assess) will identify the language of appreciation and specific actions preferred by each employee. You then can create a group profile for your team, so everyone knows how to encourage one another. Remember, employees want to know that they are valued for what they contribute to the success of the organization. And communicating authentic appreciation in the ways they desire it can make the difference between keeping your quality team members or having a negative work environment that everyone wants to leave. Paul White, Ph.D., is the co-author of The 5 Languages of Appreciation in the Workplace with Dr. Gary Chapman.

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