By Cynthia Walker, CEO and Jeffrey Johnson The January 2016 Consumer Report magazine front cover reads, “Get the Bank of Your Dreams.” The focus of their main article ties in very closely with the topic I want to address. When people I meet find out I work...
By Cynthia Walker, CEO The credit union industry posted some positive trends during the last quarter. Loan balances grew at a 10.4% annualized pace with July historically being a strong loan growth month due to seasonal factors attributed to car purchases and...
By Mark H. Smith, Founder The November issue of Credit Union Magazine bore the following message on its cover: “Expect a Surge in Lending.” With unemployment at its lowest point in almost a decade, the CUNA Economics Department is forecasting that...
By Cynthia Walker, CEO Life has a way of pestering you with issues from a myriad of directions, and sometimes it seems like the only response to the incessant and constant demands is to raise your voice and issue a command that does not leave room for further...
By Mark H. Smith, Inc. Staff Credit union managers are faced with a myriad of risk management decisions every day. These decisions have consequences, many of which can affect return on assets and the overall health and safety of the credit union. When managers assess...
By Cynthia Walker, CEO “CU Savings Balances Top $1 Trillion” headlined a report from CUNA Mutual1 on May 18 of this year. Their report also indicated total credit union membership in the U.S. is estimated at 103 million, or 32.5% of the total population of...