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Credit Union Journal

Sunday, May 20, 2012, as of 05:52 AM EDT

Daily Briefing for Friday, May 18:

Wisconsin CU Is Year’s Fifth Failure

WAUSAU, Wis. – NCUA this evening liquidated Wasau Postal Employees CU and assigned the remnants of the one-time $10 million credit union to nearby giant CoVantage CU.

This Week's Lead Stories

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Report: 500K Joined In March

Consumer flight to credit unions has accelerated the past few months, with as many as 500,000 new members added to the membership roles in March, according to CUNA.

They've Joined, But Just What Have They Joined?

Thanks to Bank Transfer Day, attracting new members is no longer the biggest challenge facing credit unions. A new survey has found that getting consumers to understand the credit union difference is as difficult as ever.

The Big Guy Brand

Organizations seeking to become the worldwide leader in financial institutions got some lessons-and laughs-from Chris Berman, the worldwide leader in sports.

The Little Guy Brand

To get more small credit unions to collaborate and pay extra attention to league messages and services aimed at them, the Ohio CU League has branded its small CU efforts.

Auto Sales Enter The Fast Lane

Predictions that 2012 would see a strong boost in new car sales apparently are proving to be true.

Special Report

Credit & Debit Cards

Analysts and card processors say EMV cards, also known as chip & pin and chip & signature, are likely to hit the market faster than many had expected. In this special report those analysts share with Credit Union Journal readers their advice on how best to respond and be prepared.

Special Report

Technology

In this Special Report, Credit Union Journal features more than a dozen experts offering thoughts and strategies on how to boost non-interest income, ranging from pricing strategies to new products to new ways to think about what many CUs are already doing.

Special Report

Technology

Learn how credit unions are leveraging the very latest technology in this week's special report.

Departments

Enter to Win $100K Extreme Network Makeover

Horsetail Technologies and Credit Union Journal have partnered to make an extraordinary offer that will result in one credit union receiving a $100,000 Extreme Network Makeover.

Refi That Auto Loan

One Nevada CU is running this spot targeting auto loan refi's.

Survey

Looking ahead to the second half of 2012, we are projecting:

23%
23%
27%
27%

Email Newsletters

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Introducing ...

CUllaborationNation

With a goal of contributing to better collaboration among credit unions, Credit Union Journal has launched CUllaborationNation.com.

Special Report

Mobile Banking & Social Media

As the functionality — and profitability — of mobile banking and social media continue to grow, so does the rate of adoption. A variety of CUs and experts share insights and strategies for leveraging these tools.

Series

The Bottom Line

A number of indicators suggest the economy is slowly recovering, and credit unions' bottom lines along with it. In this week's special report, a variety of experts offer insights and strategies for driving real bottom line growth at credit unions right now.

Series

Marketing Madness

A look at some of the marketing efforts credit unions are undertaking as they look to bounce back from the hits taken during the recession.

The American Debt Relief Challenge

Recent Issues

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Report: 500K Joined In March

Consumer flight to credit unions has accelerated the past few months, with as many as 500,000 new members added to the membership roles in March, according to CUNA.

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Six Things To THINK About

Often, the best perspective is an outside perspective, and last week CUs got more than a half-dozen, including from a former Doobie Brother who is now a defense expert. From an online purveyor of luxury goods. And from a man whom Brad Pitt played in a movie.

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Some CEOs Critical Of Bill

Not every credit union in the country is on board with increasing the cap for credit unions on member business lending.

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For One CEO, A Bull Market

San Diego Medical Federal Credit Union has been ranked No. 1 among all CUs nationwide for Average Investment Yield for nine consecutive quarters, but according to CEO Paul Lewis, being on top is not the goal.

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MBL Bill's Form Critical As Senate Gears Up For Vote

A vote on a bill to increase the member business loan cap for credit unions could be held as early as this week in the Senate.