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Items Tagged with 'digital'
Disruption on Deck for Retail Financial Services
Disruptive innovators could make life interesting for CUs.
June 9, 2014
In the future, financial institutions may focus on being consumers ‘primary financial application.’
2014 NACUSO Annual Conference
Digital Payments ‘Happening Now’
New payment methods threaten to disintermediate traditional financial services providers.
May 3, 2014
At stake is control of member data and a digital pathway toward other revenue sources.
Fight for a Bold Social Media Future
Those on the fringe will either join the fight or lose interest and walk away.
May 3, 2014
‘Standing for everything will get you nowhere.’
2014 NACUSO Annual Conference
Will Digital Empower or Destroy CUs?
CUs must overcome generational disadvantages to succeed in the digital payments space.
April 20, 2014
Young adults embrace CU qualities such as trust, fairness, and legitimacy.
Solving Consumers' Problems Wins Their Wallets
To succeed in the 'honest economy,' CUs must become a go-to source of information.
April 19, 2014
The digital revolution has transformed how consumers make purchasing decisions, says content marketing guru Marcus Sheridan.
Do Consumers Understand Your Brand?
Marketing communications will be greatly influenced by technological advances and expectations this year.
January 22, 2014
Technology provides the opportunity to revive member loyalty.
Prepare for the Next Revolution
Waves of innovation to affect CUs, consumers in 2014.
January 6, 2014
‘I never think about the future—it comes soon enough.’
Involve the Board in Technology Planning
Ask eight questions to shape a productive technology discussion.
October 18, 2013
Is your CU making the most of technology?
CU Industry at the Tipping Point
Competitive challenges and evolving technologies provide opportunities for CUs.
November 9, 2012
CUs need a growing number of channels to connect with their members.
Improve Your Digital Convenience
Good digital channels aren’t cheap, but they’re cheaper than seeding your market with branches.
November 1, 2012
Nearly 70% of nonmembers between the ages of 18 and 24 are not at all familiar with credit unions.
More Articles Tagged with 'digital'
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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