Credit Union Journal | Monday, November 26, 2012
In this issue Credit Union Journal launches the first of a two- part series featuring Best Practices in credit unions. From loan promotions to membership-builders, and from cost savings strategies to leadership, the Best Practices being highlighted are aimed at providing new and innovative ideas to readers. Coverage will continue in the Dec. 3 issue.
Since implementation of what it termed 'aggressive' fraud mitigation strategies, $3.3-billion Mountain America Credit Union has reduced hard-dollar fraud losses while more at-risk dollars in fraudulently accessed accounts were protected.
Diamond CU developed a 'lending roadmap' that it credits for 9% loan growth the first half of the year without any rate promotion.