Operations

Federation Receives Grant for Shared Banking Platform

Seed capital will help smaller CUs work together.

Small CUs Seek Ways to Work Together

Avoiding mergers or liquidation may require greater cooperation.

It’s Spring: Do You Know Where Your Flood Zones Are?

Failing to monitor flood zone revisions could lead to stiff penalties.

Reinvigorate the Branch

Brick and mortar still can be a powerful opportunity to maintain a distinctive brand.

Reach the Underserved

Tips for CUs from a public policy innovator.

Most Stabilization Costs Behind Us

The light at the end of the tunnel, however, is probably a few years away.

High-Yield Checking Alive and Well

But these accounts pay less than they used to.

Meet the Mobile Payments Players

A closer look at the evolving landscape of mobile payments providers.

NCUA Addresses Troubled Debt Restructuring

Nontraditional Services Build Trust

Meet more of your members’ needs by offering insurance and investment services.

Credit Union Magazine

Serving Low-Income Populations Requires Innovation

Why Should CUs Care about Immigration Reform?

How to Build Community Partners

Don’t Overlook the Higher-Priced Mortgage Rule

Small CUs Seek Ways to Work Together

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.