The Credit Union Journal is announcing its Call for Entries for its Best Practices awards. The Journal published its inaugural Best Practices issue in November 2005 and featured nearly two-dozen peer-leading ideas as selected by the editors. It's easy to enter! Nominations may be submitted by credit unions themselves, a CUSO or even another CU. For all readers, the Best Practice nominations are a means of recognizing those who have developed an idea and brought it to fruition. Nominations can also be submitted by suppliers to the credit union community that have clients they believe exemplify the best practice in implementing a particular product or service. The Credit Union Journal is soliciting your Best Practices across all disciplines, as we are seeking that unique idea your CU has put in place. The criteria are as follows: 1) Best practice must have been deployed since May 1, 2005. 2) Credit union (or vendor) selects (or even creates) a category and nominates itself/client CU. 3) The entry should include: 500 words or less on why it believes it has created a best practice within its operation. The nomination essay should include as many tangible measures as practical (including ROI where available) documenting the best practice; the background on environment prior to the implementation of the best practice; and factors driving adoption of the best practice, and any new products/solutions deployed to achieve the best practice. 4) A credit union may enter more than one category. 5) Nominations should be e-mailed to Managing Editor Lisa Freeman at lfreeman
-
Federal Reserve Governor Lisa D. Cook highlighted concerns over private credit growth, commercial real estate distress and escalating cyber threats in remarks on financial stability at the Brookings Institution Wednesday.
3h ago -
Consumer debt aggregators such as Method, Payitoff, Spinwheel and Tally are partnering with financial institutions to embed solutions that aggregate account information and devise ways to optimize repayment — including with low-interest offers from the bank itself.
4h ago -
Federal Deposit Insurance Corp. Chair Martin Gruenberg will testify next week in Congress. Those hearings — which will come after the publication of a bombshell report detailing widespread misconduct at the agency — could signal whether he has a future at the FDIC.
5h ago -
Bank stocks are up this year as interest rates have leveled off and there are hopes that pressure on lenders' profits could moderate.
6h ago -
National Australia Bank is adding a Pay By Bank option for near-instant payments, Italy is bringing open-loop payments to buses in Tuscany, and more.
8h ago -
DCI in Hutchinson, Kansas, is giving employees unsure about retirement the option to work part-time and gradually ease into the next phase of their lives.
9h ago