The latest from Robert McGarvey

Sep 30, 2019 - by Robert McGarvey, McGarvey's Words

To Libra or not

I went to the September DN Intersect conference in Las Vegas – hosted by ATM company Diebold Nixdorf – expecting to hear a lot about ATMs but I did not expect to ...

Aug 12, 2019 - by Robert McGarvey, McGarvey's Words

Know your competitors: They shape your future

When Kirk Kordeleski, the one time Bethpage Federal Credit Union CEO, offered up his belief that the credit unions that will thrive are the ones that commit to doubling their ...

Jun 24, 2019 - by Robert McGarvey, McGarvey's Words

The Jim Blaine Marathon: On mergers, banks, and member owners

Have credit unions moved from being shepherds to being wolves?  Is there any point to merging two healthy credit unions? Do credit unions really differ from banks? Is member ownership ...

May 10, 2019 - by Robert McGarvey, McGarvey's Words

Is member ownership a credit union “missed opportunity”?

It’s a loud, universal credit union mantra: we are not a bank, we are member owned. Are they really? Of course credit unions are not shareholder owned, nor are ...

Apr 8, 2019 - by Robert McGarvey, McGarvey's Words

Where would you open a new account today?

Direct question: if you were opening a new account at a financial institution today, for yourself, perhaps for a child or another relative, where would it be? It can’t ...

Feb 4, 2019 - by Robert McGarvey, McGarvey's Words

Talking about the real credit union mission with Bill Bynum, CEO of Hope CU

Hope. That one word powerfully sums up the mission of Hope Credit Union, a Mississippi delta based community development credit union.  And Hope is bringing financial hope to people across ...

Jan 10, 2019 - by Robert McGarvey, McGarvey's Words

When small credit unions go, so do the big ones

A chart in consultant Marvin Umholtz’s year-end report CU Strategic Hot Topics jumped out at me and triggered a tsunami of worries about the future of credit unions. Crunching ...

Oct 12, 2018 - by Robert McGarvey, CULIANCE

The future of the ATM

Happy birthday, ATM – the machines turned 50 last year – and so the question has to be: do they have a future? A lot of technology just dies. Think iPods, VCRs, ...