Growth strategies

The unemployment rate hit levels not seen since August 2007, but one quarter of the unemployed population is “long-term unemployed.” Still, the jobs news almost guarantees that the Fed will raise rates when it meets next.

Hawaiian Tel FCU absorbed tiny Board of Water Supply FCU, which posted a loss of more than $80,000 last year and lost $46,000 during the first three quarters of 2016.

The combined institution will now serve more than 16,000 members with $142 million in assets.

The management team for the popular Las Vegas production offered insights into the importance of human capital.

The $7.7 billion-asset San Diego County CU has launched its own mobile wallet offering as part of a partnership with CU Wallet.

CHROME Federal Credit Union in Washington, Pa., has selected SmartCore by NYMBUS as its new core banking platform to help reach a financial milestone.

Credit Union of Texas in Dallas has selected three new systems to more efficiently extract, integrate and harness data.

Consulting Services division intended to help other CU achieve their strategic goals.

The credit union is celebrating its 65th anniversary this year, and has returned more than $66 million to members as bonus dividends over the past 12 years.

The partnership with Associated Industries is part of BECU's expansion efforts into Spokane and eastern Washington.

Pending regulatory and member approval, the resulting institution would serve more than 65,000 members across the state.

The credit union has saved nearly 250 members an average of $4,000 this year by refinancing auot loans, personal loans and credit card debt.

IBM Southeast Employee Credit Union in Delray Beach, Fla., has reportedly filed an application to buy Mackinac Savings Bank in Boynton Beach, Fla.

Credit unions frequently struggle with monitoring and measuring the real success of a marketing campaign, so Financial Center First CU set out to solve that common problem.

CU Journal's annual awards program features strategies with a proven track record of boosting the bottom line.

The cost-saving measure also is helping the credit union attract tech-savvy and green-thinking members.

It's not easy making an annual report interesting as well as digestible to members, but First Tech Federal Credit Union may have found a way.

A new take on project management has led to a 40% reduction in meeting hours and labor costs associated with major projects.

Sun Community FCU created a cost-savings plan in-house, using a portion of the savings to fund bonuses for team members who generated the ideas behind the expense reduction measures taken.

Looking for tried-and-true strategies that yield serious results? Look no further than CU Journal's Best Practices Awards featuring great ideas that have been tested in the real world with proven value.