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Items Tagged with 'products'
Insurance Sales Boost CU Income
Make the right offers to the right members at the right time.
April 8, 2014
Revenue from insurance sales is the 'gift that keeps on giving.'
Understand Your Sales Culture
Ultimately, CUs should identify and address members’ underlying financial needs.
October 22, 2013
Creating a sales culture involves many puzzle pieces, according to “Recipes for a Sales Culture,” a white paper from the CUNA Operations, Sales & Service Council.
Compete on Experience, Not Price
Ask qualifying questions to discover members’ life stages.
September 19, 2013
Have a clear member interaction process.
Look into the Future of Finance
From eWallets to ‘Snap to Tag,’ innovations continue during FinovateSpring.
May 25, 2013
Check out the latest advancements from the financial service industry’s technology leaders.
Innovative CUs Draw Up New Lending Approaches
Successful lenders are proactive and creative—and they don’t think ‘risk’ is a four-letter word.
December 27, 2012
Lending innovators spot—and act on—opportunities to make loans and boost the bottom line.
CUNA Lending Council Conference
King: Bye, Bye Branches
Failing to adapt to changing consumer behavior and technology could lead to CUs’ demise.
November 7, 2012
CUs must determine how they’ll attract and interact with members who have grown up with mobile technology.
CUs Exchange Onboarding Best Practices
Empower employees to serve new members during the account-opening process.
October 25, 2012
The first 90 days is crucial for making or breaking a new-member relationship.
Recruit, Retain, & Protect Employees with Voluntary Benefits
These benefits enable employers to boost their coverage.
August 17, 2012
Convey the significance of voluntary benefits while educating staff on core offerings.
NIHFCU Launches Partnership With Biotechnology Association
Effort will increase awareness of financial resources that support scientists.
May 24, 2012
CU has developed a range of products designed to specifically meet the demands of the healthcare and biomedical industry.
Taking Care of Business Cards
Commercial credit cards provide access to new revenue opportunities.
February 7, 2012
CUs have a history with consumer credit cards, and many are expanding into business credit card services with a minimum of pain and fuss.
More Articles Tagged with 'products'
Credit Union Magazine
August 2014 digital edition
To Add Members, Think ‘Bold’ and ‘Local’
HELOC ‘End of Draw’ Periods Could Create ‘Financial Shock’ for Consumers
Know the Signs of Workplace Fraud
CUs Plan Hiring, Pay Increases
Guard Against Employment Practices Liability Claims
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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