LOMBARD, Ill.—A significant number of employees today, including at credit unions, are “burned out,” according to one analyst who is cautioning that if employers don’t survey staff to understand their outlook and needs, they will soon be looking to fill vacancies in a very tight job market.
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NEW YORK—The number of credit unions expressing interest to one company over buying loan participations is increasing, fueled by smaller CUs seeking to increase their own lagging loan numbers.
CYBERSPACE–Twenty-five thousand stories! And a pretty good-sized dose of “what goes around, comes around,” too. This week CUToday.info’s Fresh Today daily news section—the leading provider of news to credit unions--will hit a milestone: more than 25,000 stories published since this publication debuted Sept. 30, 2014.
SNELLVILLE, Ga.–Credit unions that hope to grow over the next half-century have no choice but to target and effectively serve the Hispanic market, according to two experts, who further cautioned that taking the wrong approach in doing so can also have negative consequences that can last a “generation.”
SNELLVILLE, Ga.–Credit union leaders have been offered one personal tale of overcoming obstacles, three examples of people who have shown leadership, and six words to live by.
WASHINGTON—It may have been a long time since a credit union attempted to become a bank, but a traditional feature of credit unions remains true, reminded Ryan Donovan—the fate of the deal doesn’t rest in the hands of the CU’s executives or board.
LAKE FOREST, Ill.—Not since Congress passed the Truth-In-Savings Act in the early 1990s has there been so much change in the overdraft market as what has taken place this year, says one economist, who adds credit unions need to respond with big cuts to their own overdraft pricing and by making large improvements to operating efficiency—or watch Walmart walk away with members.
WASHINGTON—More women are making their way into the top spot at larger asset-size credit unions, and one human resources expert pointed to two key reasons for the growth.
MADISON, Wis.–Seeking to innovate inside your credit union? Consider the “fourth option,” and then prepare to be laughed at and for your kids to hide their heads in shame—but never stop being persistent.
BIRMINGHAM, Ala.—Field of membership expansion activity is heating up among credit unions, says Dennis Dollar, who emphasized the approach many CUs are currently employing is taking the movement “back to the future.”