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New CUNA CFO Council White Paper discusses balancing the economic engine

MADISON, WI (August 12, 2014) — Credit unions constantly strive to “balance the economic engine:” operating a cooperative financial institution in the best interest of the members while also ensuring safety and soundness.

A new white paper from the CUNA CFO Council, “Credit Union Financial Management: Balancing the Economic Engine,” written by Council member Brian W. Hughes of Sun Federal Credit Union, addresses:

  • The Credit Union Financial Management Philosophy
  • A Credit Union Economic Engine Model
  • People Make the Model Work: Organizational Design, Development & Culture
  • Spinning Plates: The Moving Parts of the Engine
  • The Member Service Triad: Member Relationships Equal Growth and Return
  • The Members’ Stewardship Triad: Reserving the Right Capital to Offset Risk
  • The Capital Generation Triad: Capital, Growth and Return
  • The Financial Risk Management Triad: Risk, Return and Growth

CUNA Council members are eligible to receive a complimentary copy of this white paper, and more than 300 others.

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