Type “changing role of IT” into Google and you’ll get close to a half-million hits. There’s no shortage of online discussion on this topic. You can learn how IT is transforming from a technology gatekeeper to a service broker, how the CIO is changing from a plumber to a producer, or how IT is changing from “the infrastructure team” to “the next big idea team,” to name a few. In short, IT is being called upon to be the innovators.
THE 'tude
Whether you call it--a working group, study group, advisory panel, committee or think tank--a gathering of individuals to discuss a subject of shared interest could produce outstanding results if, it is done right.
One-hundred-million American credit union members? Nice, but that’s so 2014.
So as 2015 debuts, CUToday.info will be leading the charge in the New Year on a new issue: “Now what?”
If you spend your morning commutes dreaming up new ways to deal with a nightmare employee, it’s time to take action in 2015.
They deserve so much more than being cold digit data points with no life beyond a cell in an Excel spreadsheet. 13. 18. 12. 219. So let’s not forget them. “They” are the number of credit unions that disappear in mergers, the acquired, not the acquire, anonymous and forgotten each month and then, to pile on some CAMEL-sized ignominy, buried even more anonymously in the year-end numbers.
The recent criticism by the CFPB of credit unions using credit reporting agencies to screen for checking accounts, along with the press reports on the potential impact of Walmart’s GoBank account program on credit unions, clearly highlights the two major issues credit unions now face—regulation and competition.
Stuff found while rummaging through the reporter’s notebook and trying to find the Christmas lights…
Effectively managing cash is not so different conceptually than managing any other type of inventory, so it makes sense that credit unions implement standard inventory management practices into their cash management processes.
During my 30+ year credit union career I constantly heard the lament from many credit unions about the impossibility of getting loaned out. The excuses were myriad. The NCUA won’t let us make loans. The economy is bad. The auto dealers take our members. There is no demand. Excuses, excuses.
It’s not talk the talk and walk the walk—unless someone balks. If credit unions aren’t going to stick up for credit unions, who, exactly, is going t