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OfficeMax Inc.

Stan Konieczka
Phone: 888-216-0377, ext. 1910
Fax: Fax: 877-702-2523
263 Shuman Boulevard
Naperville IL 60563
www.officemaxsolutions.com
OfficeMax is a premier multinational distributor of office technology, supplies, furniture, paper, and print services. With unique customer service features that make buying office products simpler and more cost effective, your credit union will save time and up to 75% off every order through OfficeMax's alliance with CUNA Strategic Services.
CUNA Contact: Rick Govek
CUNA Phone: 800-356-9655, ext. 4189
CUNA Email: rgovek@cuna.com
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June 2013

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Recent Discussion

We utilized this product for a few months right now, but it doesn't seem to have much value in comparison to our other online tools. Good concept, works well. It just seems that our membership is not interested.

You make a good point, Wally. I should have caught that one. I'll take that out tidbit.

According to the article, "Bankrate.com examined 56 high-yield checking accounts...and found the average annual percentage yield (APY) to be 1.64%—nearly 33% higher than the average interest-bearing checking account (0.05%)." By a show of hands, who thinks a 1.64% APY is only roughly 33% higher than a 0.05% APY? Hmmm...

Steve, As always, the E-Scan provides key strategic insights for credit unions to consider. When it comes to reaching Generation Y (trend number 10), one of the best things credit unions can do is to target mom and dad. Research indicates that most young people start their first "bank" experience where their parents recommend. So to reach Gen. Y, go after mom and dad. Mark

Ed, this is correct: 100% is a 1-to-1 relationship, not 1%, which is a 1 to 100 relationship.

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