Friday, November 28, 2014
Core Conversion Reveals Growth Opportunity
HERNDON, Va. — A discovery process during a core conversion uncovered the ability of Northwest Federal Credit Union to enhance its online mortgage servicing capability, resulting in a nearly 50% increased user rate.
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President Obama's executive action on immigration — a measure that, if enacted, would give an estimated 5.2 million undocumented immigrants some protection against deportation — could eventually provide U.S. credit unions with additional business from a largely ignored and under-served segment of the population. more »
NORTH GRAFTON, Mass. — Grafton Suburban Credit Union members voted recently to change the CU's name to Homefield Credit Union, reflecting the credit union's growth into neighboring communities. more »
OTTUMWA, Iowa — Last year, Community 1st Credit Union wanted to find a way to increase the number of members who considered the CU their primary financial institution. more »
POTTSTOWN, Pa. — As a community-chartered credit union, one of Diamond Credit Union's growth strategies is expanding its branch network. more »
Credit unions remain highly popular with their members, again beating the commercial banking sector, according to a survey by the American Customer Satisfaction Index (ACSI). more »
The World Council of Credit Unions has launched a program aimed at helping CUs and Millennials better understand one another. more »
Orion Federal Credit Union will pay a 1% dividend to all of its premium checking account holders. more »
Credit union differentiation strategies are on display in a new white paper from the CUNA Marketing & Business Development Council, “Blueprint for Member Growth: Creating a Strategic Business Development Plan.” more »
TALLAHASSEE, Fla. — Credit union membership is up in Florida and Alabama, thanks in part to the success of a long-term branding campaign started more than three years ago. more »
DOTHAN, Ala. — Five Star Credit Union has completed its merger with Georgia Coastal Federal Credit Union. more »
ALEXANDRIA, Va. – The next deadline for CUs interested in applying for free consulting help from the NCUA's Office of Small Credit Union Initiatives (OSCUI) is Nov. 30, the NCUA announced Wednesday. more »
MERRIT ISLAND, Fla. — Kennedy Space Center Federal Credit Union was flying high. more »
MADISON, Wis. — There are plenty of credit unions out there that want to test out new and innovative products, but many of them are already stretched so thin that they're unable to do that. more »
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House Hunters -- CU edition
This spot from IH Mississippi Valley CU shows just a few of the ways consumers hunt for a new home, while also subtly showing off ways to access the credit union via phone, tablet and laptop.
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