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Members Grateful for Tennessee ECU
March 06, 2012
Sherrie Brooks, CEO of $17 million asset Tennessee Employees CU in Nashville, shares two poignant letters from members in need.
Boulder Valley CU Wins Lifetime Achievement Award
March 06, 2012
The award recognizes Boulder Valley CU’s philosophical commitment to supplementing classroom education with hands-on learning.
Share Your Story
March 01, 2012
It’s the International Year of Cooperatives—the perfect time for CUs to share how they improve the lives of members and the communities they serve.
Mountain America CU Donates $250,000 to Aquarium
February 28, 2012
Contribution will help build a new 90,000-gallon penguin habitat that’s 10 times larger than the current one.
Hope FCU: Fueling Companies That Fuel the Delta
February 22, 2012
‘Hope Federal’s faith in us allowed us to grow.’
CU Movement Mourns Passing of Warren Morrow
February 17, 2012
‘Warren had a vision that outreach to the underserved Hispanic community should not be philanthropy. Instead a business could do well by doing good.’
Passionate About Community
February 03, 2012
The 2011 winners of CUNA’s Community CU of the Year Award have relied on dedication to CU values and community involvement for their success.
CU Donations Feed Thousands
February 01, 2012
Insights from Noelle Fischer-Herbert, vice president, corporate development, Pacific Service CU, Walnut Creek, Calif.
Polish CUs Succeed Through Collaboration
January 01, 2012
Poland now has one of the world’s fastest-growing and most successful CU systems.
‘Look at the Big Picture’
December 04, 2011
Tom Dorety, president/CEO at Suncoast Schools Federal Credit Union, Tampa, Fla., stands by his principles.
Credit Union Magazine
September 2014 digital edition
Membership Growth Strategies
Attention CU Bean Counters: Employee Happiness Adds Up
Money Machine Grabs Shoppers' Attention
Four ‘Must Haves’ for Mobile Pay Technology
Summer's End Signifies Start of Strategic Planning Season
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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