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ARTICLES

Identify & Monitor Indirect Auto Lending Risks

Follow this checklist to build a stable framework for your CU's program.
May 20, 2013
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A successful indirect auto lending program forecasts risk and monitors deviations from your CU's plan.
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Arrested

Arrest Employee Embezzlement

Document and enforce a zero-tolerance fraud policy.
April 8, 2013
Joette Colletts
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Most incidents stem from inadequate internal controls, inaccurate audits, lack of oversight, or abuse of authority.
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Tips to Combat Fraud

The NCUA offers the following tips to prevent fraud in your CU.
November 1, 2012
No Comments
It can be difficult to detect fraud schemes at CUs.
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June 13 Cover

Credit Union Magazine

• June digital edition

June 2013

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What's Popular

Popular Stories

Serving Low-Income Populations Requires Innovation

Why Should CUs Care about Immigration Reform?

How to Build Community Partners

Small CUs Seek Ways to Work Together

Don’t Overlook the Higher-Priced Mortgage Rule

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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