Products

Diversified Information Technologies a leading provider of document and information lifecycle solutions, announced that it has acquired Active Data Services Inc., a business process outsourcing firm headquartered in Raleigh-Durham, N.C. Diversified Information Technologies (Diversified) solutions manage the complete document and information lifecycle and include integrated records management for both physical... READ MORE

Judy Dahl It’s an innovative product, and one CUs should keep an eye on. “Open a debit card account with us and we’ll link it to your existing checking account. You’ll earn rewards for every transaction.” This is the type of message some mega card issuers spread to convince consumers... READ MORE

Among the 1,278 financial institution robberies during the second quarter of 2009, 117 occurred at credit unions, according to statistics from the Federal Bureau of Investigation (FBI). That’s far less than banks suffered during this period (1,124) but more than thrifts (26) and mutual savings banks (11). Cash was taken... READ MORE

    The credit card industry has certainly had a colorful past, but it’s now at a crossroads. Robert D. Manning The U.S. credit card industry’s lust for ever-greater profits—the highest in retail banking—has collided with the consumer-led recession and the collapse of the conglomerate structure of commercial banking. It... READ MORE

An embarrassing moment sparks a multibillion dollar industry. In 1949, Frank McNamara, head of the Hamilton Credit Corp., went out to eat with some of his buddies. At the dinner were Alfred Bloomingdale (grandson of the founder of Bloomingdale’s department store) and Ralph Sneider, McNamara’s attorney. The three men ate... READ MORE

The Credit Union National Association's (CUNA) Community Credit Union & Growth Conference , Oct. 21-24 in Las Vegas, isn’t just for community credit unions. It’s for every credit union looking to reach out and grow their membership, including the young, ethnic groups, and the underserved. The conference spotlights credit unions’... READ MORE

Eliminating paper from the lending process saves credit unions money and makes them more efficient, say Scott Cowan , vice president of sales and marketing, and Teri Rosquist , marketing assistant for Millennial Vision Inc . (MVI). Getting to that point takes some work, the right tools, and a new employee... READ MORE

LEAD STORY The Credit Union National Association (CUNA) and Coopera Consulting, Des Moines, Iowa, have formed a partnership to help credit unions reach Hispanic members on a national scale. Coopera, an Iowa Credit Union League subsidiary, works with credit unions of all sizes to grow in membership and assets by... READ MORE

Flexibility, communication, and a full suite of services deepen relationships with business members. Judy Dahl The more attentive you are to business members, the more likely they’ll be to stay with you and the more products and services they’ll use. You’ll also better understand their businesses. Both $600 million asset... READ MORE

LEAD STORY If your CEO left the credit union abruptly, is someone ready to take the helm? Most credit union CEOs come from the credit union movement. Forty percent of credit union CEOs worked for their credit union before becoming CEO, and 30% worked for another credit union before being... READ MORE