PayThink

If you currently feel that too many loans are denied at your credit union, I suggest the following.

As this issue of Credit Union Journal is the last to be published in January, let's close out by acknowledging a story from 2010 that hasn't engendered a lot of discussion: No credit union converted to a bank charter.

Servus Credit Union in Alberta, Canada, said it is seeking to help its community fulfill their New Year's Resolutions through an initiative they are calling the Feel Good Ripple program.

By now, your strategic planning for 2011 is undoubtedly completed. Yet at this point, it is difficult for any of us in the credit union world to tell how effective our planning will be.

If Ms. Matz could only hear the message from the crowd that many of us believe, which is that more NCUA spending on old solutions will only lead to them being a bigger and easier target.

I have never seen such a gutless individual as the author of the article that appeared in Credit Union Journal on Jan. 10 titled "Why I'm Not Willing to Sign My Name."

What if an offer could be made one member at a time, offering them what they are looking for when they are looking for it?

How does our credit union stay relevant? How do we create distinction? How can we separate our CU from the competition? A simple suggestion and starting point: PURPOSE.

The following illustrates how loss share agreements can be used by credit unions to complete acquisition plans while limiting capital cost.

IMGCAP(1)]