Learn about our iPad app
Forgot your password?
postal credit union
individual development account
safe act audit deadline
» Steve Rick
Solving the Fannie and Freddie Puzzle
The nation’s $10 trillion housing finance system needs reform, but there’s little agreement about what reform should look like.
March 5, 2014
Reform could have a significant impact on credit union mortgage lending operations and earnings.
CUs Can Expect Economic Tailwinds
The economy is gaining traction in several sectors, according to CUNA's senior economist.
December 5, 2013
With 2014 right around the corner, CU executives are wondering what’s in store for the economy.
The End Is Near!
Federal Reserve announces plans to phase out quantitative easing.
August 1, 2013
The Fed has used this tool to purchase $40 billion in mortgagebacked securities and $45 billion in longer-term Treasury securities each month since December 2012.
The Return of the Borrower
Less household debt and the improving labor market bode well for CU lending.
June 7, 2013
Expect CU loan balances grow 5% to 6% in 2013—and even faster in 2014.
Will the Fourth Time Be a Charm?
The Fed’s QE-4 plan will keep pressure on CUs’ net-interest margins.
February 11, 2013
The Fed is saying it’s willing to accept an inflation rate that is higher than its target of 2%.
Fiscal Cliff Deal Should Spur Optimism
CUNA economist says the deal will boost household and business confidence.
January 12, 2013
The fiscal cliff agreement will have a net positive effect on the average American.
Dear President Obama…
How to stimulate both short-term economic growth and long-term fiscal responsibility.
December 10, 2012
These suggestions aren’t politically palatable, but at least you have options.
CU Financials Show Improvement
Mortgage balances are growing and delinquency ratios are dropping.
September 1, 2012
In the first half of 2012 credit unions reported improving financial results.
CU Assets Hit $1 Trillion Mark
But future asset growth will be limited by capital growth.
June 1, 2012
In March 2012, the credit union movement’s total assets reached $1 trillion for the first time in history.
Three Years Down, Three More to Go
The Fed projects low short-term interest rates through 2014.
March 12, 2012
In January, the Federal Reserve announced that projected economic conditions would warrant exceptionally low short-term interest rates “at least through late 2014.”
View All Articles by Steve Rick
Credit Union Magazine
March 2014 digital edition
A New Payments Paradigm
Prepare for the End of Gridlock
Solving the Fannie and Freddie Puzzle
Involve Members in Unite for Good
Enhance Members’ Cross-Channel Experience
This is a great list, but falls short. Consider the myriad of other risks that can bring the credit union to its knees: Technology risks including viruses, trojans, data breaches and other forms of security compromises. People risks, including disgruntled employees, social engineering attempts, social unrest, prison breakout, social media entries that also affect the mentioned reputational risk. Environmental risks, which could include derailed or overturned chemical tankers,blizzards, hurricanes, tornados, sink holes (save the Corvettes!), earthquakes, mudslides, forest fires. Leaders always need to be asking themselves, "What could stop us from performing our mission?" A solid crisis management organization, coupled with a realistic, exercised business continuity plan is vital to ensure continued operations.
Cash America self reported the Ohio collections robo signing incident which was a violation of company policy. An outside investigation was conducted and findings were reported to the state and CFPB. Customers were refunded money due the company before any federal or state action was announced.
This important article managed to engage & inform in a few short minutes. Kudos, CU Magazine!
This is such a great example of credit unions giving back. The key with Complex Community is that they don't just do these acts of kindness just to do them. They are a part of their culture (as you noted). Before starting a similar program, other credit unions should do a deep dive into their culture and then match their program to who they are.
This article is spot-on regarding engagement. In fact, many credit unions need to replace their sales training with member engagement training. Your members don't want to be sold to--they want to be engaged with. Likewise, your front-line staff are not sales people--they are educators.
Tweets by @cumagazine
Say: Who should be Credit Union Magazine's 2014 CU Hero of the Year?
William Armstrong, Northeast Community CU
Dan Morrisey, Queen of Peace Arlington FCU
William Rissel, Fort Knox FCU
Joni Senkpeil, Illinois CU System
. Design, CMS, Hosting & Web Development ::