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In your Oct. 8 online Credit Union Journal you attempt to raise concerns about corporate credit unions issuance of commercial paper. Since you mention Southeast Corporate as issuing commercial paper, we would like to respond with some facts that were not apparent in your story.
October 17
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There is a retirement crisis in America. Two-thirds of the nation's 79 million baby boomers have less than $100,000 in retirement savings. Only 22% contribute to a 401(k), according to the Employee Benefit Research Institute, and 40% have next to nothing saved for this "third age," according to the National Retirement Planning Coalition.
October 17 -
You know, now that I come to think of it, the bankers are right: the playing field really isn't level.
October 17 -
Amid all the other economic news, at least one credit union has its rivals green with envy.
October 10 -
As a CEO, your article: "Losses Mount At NCUSIF" (CU Journal, Sept. 22) is disturbing and disconcerting. Quarterly, the NCUA receives 5300 data. The lights are on but is anyone home at the NCUA?
October 10 -
I could not agree more with Bill Morrow's story regarding defending against Identity Theft. One of our CUSO companies here at MaPS Credit Union in Salem, Oregon, is in the business of protecting credit unions from making bad hiring decisions.
October 10 -
I enjoyed the article and tips under the title, "MANAGEMENT: Navigating Troubled Waters: Experts Share Strategies." (CUJ Sept. 29).
October 10 -
It should be no secret to anyone in credit unions that strategic planning is a major focus of regulators, as well as a very necessary process needed to ensure the growth and viability of an institution. Proactive leaders effectively use the strategic planning process to develop and analyze the organization's overall goals and strategies, and document a "road map" for implementation.
October 10 -
As we all know too well, credit union members and consumers are struggling on several fronts. A tight economy and high fuel costs are making some people desperate for a deal on a more fuel-efficient car. And desperation can make for vulnerable consumers.
October 10 -
What role should customization, trending and peer comparison play in research and what is their relative importance? The first rule in any research is that it should be driven by the organization's goals and objectives. In this case, using Stephen Covey's advice to "begin with the end in mind" means determining the questions to which the institution needs answers in order to advance and excel. The implication is that customization has the highest priority in research design.
October 10
