Customers who walk into the Millennium Honda showroom these days take a number, just like shopping in a bakery. Contrary to the typical scenario in which a salesman meets someone as soon as they step on the lot, the wait for service can sometimes be hours for a sales consultant.
December 10, 2012
Even as credit unions continue to struggle with getting MBL legislation passed in Congress, there remains strong support among many CEOs for a bill.
Lots of financial institutions use social media as a marketing and consumer service tool, but few have figured out how to actually make money from it. Now some credit unions think they may have found an answer.December 10, 2012
Customers who walk into the Millennium Honda showroom these days take a number, just like shopping in a bakery. Contrary to the typical scenario in which a salesman meets someone as soon as they step on the lot, the wait for service can sometimes be hours for a sales consultant.December 10, 2012
BluCurrent CU is offering a 0% APR loan for the holidays and booked nearly $140,000 in its first seven days as a result.December 10, 2012
Amid the tragedy that surrounds so many lives and businesses in the Northeast, Hurricane Sandy will have some positive effects on the economy.December 10, 2012
In the wake of Hurricane Sandy, lenders, particularly those in the Northeast, are being cautioned to pay closer attention to the condition of auto loan collateral, especially in looking for signs of flood damage.December 10, 2012
The ancient Mayan calendar predicts that the world will end on Dec. 21. In response, Latitude 32 CU says that if it does, all its loans will be forgiven.December 10, 2012
Most credit union leaders know not to take anything for granted.
John Worth, chief economist with the National Credit Union Association, explains what the potential for going over the fiscal cliff means to credit unions.
Credit unions large and small have contemplated the member and bottom-line benefits of seeking a merger.
Readers beware. On the heels of the Consumer Financial Protection Bureau/Department of Education report, "Private Student Loans," sensational headlines continue.
Transaction-driven marketing not only provides financial institutions with a proven way to monetize their digital banking platforms (online, mobile, SMS, e-mail, ATM), but also enhances member relationships by providing secure, targeted, relevant offers that help members save money on everyday purchases.December 10, 2012
Unfortunately, as credit unions seek to add or upgrade the skills of increasingly critical compliance personnel, there is no one simple approach that is really effective.December 10, 2012
ElecTel Cooperative FCU has booked more than $1.7 million this year as part of one-day-only loan promotions, including $74,000 in a "Green Wednesday" promo the day before Thanksgiving.December 10, 2012
The size and growth of the Hispanic market in the U.S. is no secret. Less well-known is how credit unions can better penetrate it.
CU members who started shopping this holiday season recorded roughly the same buying activity on Black Friday in 2012 as they did in 2011, but dramatically increased their transaction and spending levels on Thanksgiving Day 2012 vs. 2011.December 10, 2012
CUNA and its affiliated state leagues last week, faced once again with defeat of legislation that would expand CUs' member business lending authority, were calling on Senators to also kill the TAG bill that bankers have been pushing for.December 10, 2012
The United Nations' International Year of Cooperatives (IYC) officially hit the one-year mark on Oct. 31. The hope now is the IYC laid at least some groundwork for future collaboration among cooperative sectors.December 10, 2012
Looking to spice up its youth outreach, Listerhill CU here has launched a new monthly magazine-a medium "so old that it's cool again."December 10, 2012
Connex CU has appointed a new VP with a one-year term-Quinnipiac University student Lauren Dufour is set to serve as the credit union's third VP of Unbanking.December 10, 2012
McGraw-Hill FCU was back up and running-at least in limited capacity-the day after Hurricane Sandy hit, and while the storm taught many lessons, the recovery is far from over.December 10, 2012
Every business faces a growth paradox, according to John Moore, in that small business must appear larger and large business must appear to provide the service of a smaller operation.SocialMost Popular