Industry news

by: Henry Meier, Esq. Associate General Counsel, Credit Union Association of New York
Now that I have officially entered the blogosphere, I'm constantly looking for post-worthy material.  So I enjoyed reviewing last week's subcommittee hearing on H.R. 3461, legislation imposing more uniform examination criteria for all financial institutions, including credit unions, and creating an independent appeals process.

by: Brad Banyas, CEO, OMI
Adopting electronic statements is a good way to save money. You can save trees and save postage by delivering member correspondence online.  As a result, banks and credit unions across the nation now offer e-statements to customers and members. But there is a bigger picture beyond electronic statements that is often overlooked. By adding other incremental communications – like letters, notices, and forms – you can compound your savings and multiply your opportunities to communicate with your members.