June 13 Cover

Credit Union Magazine

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June 2013

In This Issue

Humor and Innovation

CEOs sometimes try to force innovation—a classic mistake. That’s like Homer Simpson banging on his television and demanding that it “be more funny.”

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Capital is King

The Capital Access for Small Businesses and Jobs Act would strengthen CUs and be consistent with our not-for-profit, cooperative nature. Read More

Most Stabilization Costs Behind Us

 The 2012 financial statements for the Temporary Corporate Stabilization Fund provide some sobering but promising information. 

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Innovation by Design

Creativity, some believe, is an escape from disciplined thinking. Read More

Welcome to the Team, John Wiley

John is a seasoned publishing veteran whose experience and talents will help maintain Credit Union Magazine’s lofty reputation, and elevate it even further into new mediums. Read More

Agencies Clarify Changes to Flood Insurance Rules

After the promulgation of final regulations, the agencies expect to undertake a review of the interagency questions and answers and may propose changes as appropriate.

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CFPB Issues Guide on Truth in Lending

The CFPB in April released a “plain language” guide on the agency’s Ability-to-Repay (ATR) and Qualified Mortgage (QM) rule under Regulation Z (Truth in Lending). Read More

NCUA Addresses Troubled Debt Restructuring

The guidance describes in detail how examiners will apply the regulatory changes that the NCUA Board approved last year.

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What Does NCUA's National Supervision Policy Manual Say About DORs?

The NSPM includes instructions that say examiners will "only identify material problems for problem code tracking purposes," but requires examiners to act on unresolved DORs regardless of a CU's CAMEL rating. Read More

What's New From i3?

A look at what Filene's renowned (Ideas, Innovation, and Implementation) group is working on. Read More

Set Your Innovation Process Free

'Good ideas can happen in the office, at a ball game, at church, at a party—anywhere someone’s creative juices are touched.' Read More

Mobile Payments

The key strategic point is: The one who enrolls is the one who controls. Read More

Meet the Mobile Payments Players

The long list of providers include Apple, Dwolla, Google, Square, and Visa. Read More

Mobile: From Novelty to Game Changer

Worldwide mobile payment transaction values were expected to surpass $171.5 billion in 2012—a 62% increase from 2011. Read More

Plot a Course to Success

'There’s no ‘I’ in strategy; it’s a team effort.' Read More

A Dangerous Intersection

All CUs should review their confidentiality policies for overbreadth, both in writing and in application. Read More

Rebuild the Great American Middle Class

Many workers have fallen out of the middle class due to converging economic, political, social, and technological trends that began in the 1970s. Read More

Reinvigorate the Branch

As transactions migrate to online and mobile channels, CUs must determine new roles for branches and call centers. Read More

Mobile Extends Online-Banking Evolution

Online banking systems have quickly expanded into budgeting and account tracking tools across multiple platforms. Read More

My P2P Solution Involves Pen and Paper

You don’t need electricity to write a check. Read More

'Naked Checking' Strips Away All Fees

CEO Lee Williams believes in pushing the envelope to distinguish Central Star from the competition.

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Members ‘Like’ Calcubot

The tool gives CUs a branded social media billboard that culls daily loan rates.  Read More

With Prize-Based Savings, Everybody Wins

In Washington, the program generated 213 new accounts at six participating CUs in its first three weeks. Read More

Photos From Miracle Jeans Day

The CU movement raised more than $300,000 last year for Children's Miracle Network Hospitals during Miracle Jeans Day. Read More

Helping Kids: It’s in the ‘Jeans’

CUs for Kids event draws nearly 600 CU participants from 47 states, plus CUNA, leagues, and business partners. Read More

CUNA Releases New E-Scan

With a suite of products to help with year-round strategic planning, CUNA has the tools and resources you need. Read More

Lessons in Crisis Management from Sept. 11

A first-person account of how the nation's highest-ranking officials handled the deadliest terrorist attack on American soil. Read More
June 13 Cover

Credit Union Magazine

June 2013

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