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FBI Reports Overall Decline in 2011 Financial Institution Crimes

Incidents at CUs, however, remained constant.
June 26, 2012
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There were 5,093 crimes committed at financial institutions during 2011, down from 5,641 during 2012, according to the Federal Bureau of Investigation.
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Robberies Decline During Second Quarter

CUs suffered 74 robberies during this period.
September 15, 2011
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There were 1,023 financial institution robberies, burglaries, extortions, and larcenies during the second quarter of 2011, down from 1,146 violations during the same quarter of 2010, the FBI reports.
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June 13 Cover

Credit Union Magazine

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June 2013

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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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