by. Bill Vogeney At this year’s Lending Council conference, my good friend Keith Reynolds from CEFCU and I did a panel discussion on this very topic, offering advice to mid-level lending managers who want [...]
By Kent Moon Lenders need to be prepared for continual and often rapid shifts in the economy. One such change is increasing interest rates, an abrupt wake-up call that is occurring. The average rate on [...]
by. Linda Webb-Manon In South Plains, Texas, cotton is king. And many residents in the rural community of Lamesa work the land for their livelihood. Exceptional drought, however, has put many local farmers in a [...]
by. Linda Webb-Manon In South Plains, Texas, cotton is king. And many residents in the rural community of Lamesa work the land for their livelihood. Exceptional drought, however, has put many local farmers in a [...]
by. Linda Webb-Manon In South Plains, Texas, cotton is king. And many residents in the rural community of Lamesa work the land for their livelihood. Exceptional drought, however, has put many local farmers in a [...]
by. Ric Carey and David Kerstein Small businesses represent banks’ best opportunity for higher spreads, improved fee income and superior relationship profitability, yet we find that few banks are actually succeeding in doing what it [...]
by. Steve Rodgers When it looked like we were headed into a deep, dark recession about five years ago, a lot of credit unions reacted by freezing salaries. In 2008, about 23% of credit unions [...]
By Peri Pierone While member service remains paramount, profitability is the foundation of any credit union’s sustainability and long-term strategy, and in today’s economic climate, determining key profitability drivers is more important than [...]
And really, it always has been, hasn’t it? Most credit unions have never had the bulging wallets and flashy campaign capacity to employ brute force marketing. Instead, we have individual personalities, niche markets and [...]
he dramatic rise in smartphone and tablet use is changing customer expectations, putting longstanding companies out of business while providing fertile growth opportunities for others. To succeed in a competitive financial services marketplace, CUNA Mutual [...]
by. Brian Collins Refinancing has fallen off the cliff and the mortgage industry is bracing for a decline in originations. But some lenders are going against the grain and increasing their capacity. Nationstar Mortgage has [...]
by. Jim Allen Most of us in the financial markets were well aware of the micro issues that led to the financial crisis that reached its zenith five years ago this month. The bubble in [...]
by. Nancy Hutchinson Traditionally, the CEO has come from just about any place but marketing or business development. Credit unions bent on operational excellence might look to their finance teams or their COO to take [...]
Through the second quarter this year, credit unions again experienced continued growth in their membership and lending portfolios. While lending growth is projected to rise at a steady pace, the challenge for credit unions to [...]
by. Ann Bares Many of us in the business of developing, implementing, managing, and fixing compensation plans believe we are doing so today in the face of increasing complexity. Could much of this complexity be [...]
