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FinovateSpring

Look into the Future of Finance

From eWallets to ‘Snap to Tag,’ innovations continue during FinovateSpring.
May 16, 2013
Steve Rodgers
No Comments
Check out the latest advancements from the financial service industry’s technology leaders.
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Life Among Men and Not Among Angels

We can apply the lessons of ‘Lincoln’ to CUs’ legislative battles.
May 13, 2013
Mark Condon
No Comments
Taxation is our line in the sand.
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Top Marketers

Masters of Marketing

Council honors top marketers, business developers.
April 12, 2013
No Comments
The CUNA Marketing & Business Development Council gave out its most prestigious awards during its 20th Annual Conference in Anaheim, Calif.
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Mark Arnold
CUNA Marketing & Business Development Council Conference

Follow the Laws of Branding

Business development staff are CUs’ branding ‘secret weapon.’
March 25, 2013
Bill Merrick
No Comments
Smart CUs don’t push products; they promote their brands.
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President's Perspective

Our Focus Is on Value and Trust

Emphasize to lawmakers the key role you play in members’ lives.
March 1, 2013
Bill Cheney
No Comments
The agenda is clear: Help the middle class emerge successfully from the devastation of the Great Recession.
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CU Marketers Take a Multichannel Approach

Three award-winning CUs use new and traditional tools to get the word out.
February 1, 2013
Judy Dahl
No Comments
‘Marketing is only as effective as the people putting it together.’
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Award-winning lenders, part V

Loans Are the Best Investment

Diversified loan portfolio helps CU boost its 40% loan-to-share ratio.
January 31, 2013
Jim Jerving
No Comments
Series of new loan products helps Cooperative Center FCU recover from the recession and deliver on its business objectives.
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Seven Steps to Better Business Development

Hire self-starters and don’t chain them to their desks.
January 15, 2013
Sean McDonald
No Comments
CUs are realizing the importance business development, but aren’t sure how to approach it.
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Eight Thriving Cottage Industries

Their growth potential makes them prime lending candidates for CUs.
January 11, 2013
Agata Kaczanowska
No Comments
Cottage industries—businesses that can be started by individuals in their homes—present major lending opportunities for CUs.
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Award-Winning Lenders, Part I

Three Steps for MBL Success

CU starts its own commercial lending training program to bring staff up to speed.
January 9, 2013
Jim Jerving
No Comments
Find the right people, forge strong member relationships—and be safe.
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More Articles Tagged with 'business'

IMAGE GALLERIES

Small Business Owners Hike the Hill

Small business owners meet with their representatives to promote CUs' expanded MBL authority.
More Galleries Tagged with 'business'
May Cover

Credit Union Magazine

• May digital edition

May 2013

heroes

What's Popular

Popular Stories

Look into the Future of Finance

'Tolerate Failure'

Finovate Highlights Industry's Best and Brightest

Are You Selling Products—Or Helping Members Achieve Their Goals?

Scenes from FinovateSpring 2013

Recent Discussion

In remembering Warren, the first thing I think of was his smile. He was a gentle, caring man who always thought of others first. I was honored to be a part of the MiOpportinidad project with Affinity Credit Union, Warren and Miriam. His hard work and dedication to that project was inspirational. Warren so deserves this award.

The author really understands the credit union philosophy and I really enjoyed the analogy of his bathroom remodel. The only thing missing was pictures of the finished bathroom! :)

Thank you Phillip for showing the differences between a Big Bank that is only looking to sell you products and a Credit Union that actually looks out for its members needs. Great article!

I love and give a standing ovation to Ron Kase and to other caring people just as much as those who passed away on 2012 like Warren Morrow at Des Moines Iowa. He worked hard for those who are under-served an under-represented, but wasn't mentioned in your magazine. It may be beneficial for the entire world to know about his accomplishments no for his benefit, obviously, but to increase the number of positive and caring people and to add members the CU. Just ask Coopera Consulting at Des Moines Iowa about Warren Morrow's legacy.

That’s right Lisa. The servicing rule would not require a credit union to create its own policies and procedures if all aspects of the servicing are delegated to a sub-servicer. However, remember that the credit union will have to conduct due diligence on the sub-servicer to make sure it is following the minimum requirements for policies and procedures. Unfortunately, even those credit unions that use a third party servicer will need to have a working knowledge of the CFPB’s servicing rule.

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