NORTH LIBERTY, Iowa—The University of Iowa Community CU will likely make a decision within a few weeks as to whether it will change its name or fight a new law that prohibits Iowa CUs from using the names of state universities in their titles.
THE feature
AUSTIN, Texas–Is the branch dead? Not by a long shot—but how branches are being deployed, built and staffed is changing, according to two credit unions that presented their branching strategies here.
AUSTIN, Texas–Is your credit union making one of the following terrible” mistakes when it comes to filing your 5300? It’s likely, according to Kevin Durrance, president/CEO of Texans Credit Union.
BROOKFIELD, Wis.—Traditional methods for financial education are often a waste of time when it comes to helping Millennials plan for their financial futures, according to one expert.
SAN BERNARDINO, Calif.—One small credit union decided that if it was going to survive it needed to play bigger and give more back to its members, and to do that it moved to use more of its capital and markedly decrease ROA.
PITTSFIELD, Mass.—One credit union says that its low-income designation has not only helped its own bottom line, but that of its community, as well.
LIHUE, Hawaii–The volcanic activity on the Big Island may be getting the headlines, but the bigger disaster recently in the Hawaiian islands has been historic levels of flooding on Kauai that in the days afterward had one CU CEO using a jet ski and even swimming to help members of the community who had been deeply affected.
BROOKFIELD, Wis.–Firewalls and other defenses aimed at keeping crooks from penetrating the CU are no longer enough, according to one expert, who said the most skilled organizations now recognize penetrations will occur and they must also be prepared to stop hackers once they are past the firewall.
KETTERING, Ohio—One of the biggest mistakes small credit unions make is trying to be just like their larger brethren, when they should instead be “purposeful.”
PHOENIX–There may have been no more appropriate location than Phoenix for one futurist’s forecast for a world in which just about everything is going to be burned up and then reemerge with renewed youth and ways of doing things. And it’s going to impact credit unions and arrive sooner than many expect.