Learn about our iPad app
Forgot your password?
key issues facing credit unions
social media procedures
examination report modernization
» Keywords » borrowers
Items Tagged with 'borrowers'
Video: CUs and Green Lending
CUs Nurture Green Portfolios
Green lending provides opportunities to grow CU loan portfolios.
May 3, 2014
Successful programs require connections, experience, and the ability to juggle a variety of moving parts.
CU Auto Lending On the Fast Track
Pent-up consumer demand bodes well for CUs.
November 1, 2013
Credit union auto lenders likely will look back at 2013 and proclaim, “Not bad!”
CUNA Tech/Ops Council Conference
Dykstra: CUs Must Find Ways to Remain Relevant
Target generation Y, she advises, and embrace mobile banking.
September 25, 2013
‘Gen Y represents your future borrowers.’
Jump-Start Your Loan Portfolio: Nine Steps
Analyze smaller segments of your loan portfolio to find opportunities.
May 13, 2013
It’s time to get back to the business of lending.
Getting a Good Stretch
While CUs bend over backwards to serve members, many employees are stretched thin.
March 6, 2013
Many consumers are over-extended with payday loans.
Expect a Slow Decline in Mortgage Delinquencies
'We would have hoped for a projection that called for a more substantive drop in delinquencies.'
December 14, 2012
Forecast also says credit card delinquency rates will remain relatively low throughout next year.
Grow Your Subprime Lending with Confidence
There are ways to lessen the risks associated with subprime lending.
November 25, 2012
The cornerstone of managing auto lending risk is protecting collateral.
Students Assume Greater Share of College Costs
CUs and college students are in desperate need of each other.
August 24, 2012
Lack of understanding about private student loans can lead to serious financial problems after graduation.
Time to Rethink Mortgages
CUs originated, and sold, record volumes of first mortgages in 2009.
August 2, 2010
Credit Union Magazine
August 2014 digital edition
To Add Members, Think ‘Bold’ and ‘Local’
Know the Signs of Workplace Fraud
HELOC ‘End of Draw’ Periods Could Create ‘Financial Shock’ for Consumers
CUs Plan Hiring, Pay Increases
Avoid the Compliance Pitfalls of Social Media Advertising
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
Tweets by @cumagazine
Say: Should CUs Impose Age Limits for Directors?
. Design, CMS, Hosting & Web Development ::