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BALTIMORE-Aging Baby Boomers should make offering insurance products a priority for credit unions.
August 7 -
MADISON, Wis.-From CUES' perspective, 2010 strategic planning sessions should go "back to the future."
August 7 -
RANCHO CUCAMONGA, Calif.-Include Co-Op Financial Services among those that feel that marketing should not fall onto the 2010 chopping block.
August 7 -
MADISON, Wis.-With marketing to new members likely high on CUs' 2010 strategic planning lists, CUNA Mutual Group suggests that appealing to existing members first may be the best way to grow the membership base.
August 7 -
DALLAS-Planning sessions should consider whether the CU has the right balance sheet tools to grow in an economy that will continue to present opportunity in 2010, according to ALM First Financial Advisors.
August 7 -
HOUSTON-As credit unions seek to drive out costs in their processes and systems, they should be careful to use detailed metrics and benchmarks to make those adjustments, rather than cutting across the board.
August 7 -
WEST PALM BEACH, Fla.-As credit unions across the country gear up for the traditional strategic planning season, Credit Union Journal talked with more than 20 experts to get a preview for what next year's most critical issues will be during those planning sessions. Read up on the experts' tips and advice on how to make the most of your strategic planning for the year ahead.
August 7 -
BIRMINGHAM, Ala. – State regulators yesterday took over Mutual Savings CU and relieved the management and board of the $200 million credit union.
August 5 -
ATLANTA – S1 Corp., the provider of online financial services, said second quarter earnings decline 10% to $4.6 million, even as revenues were rising a strong 8%, to 60.8 million.
August 5 -
BELLEVUE , Wash. – Coinstar, the maker of coin-counting machines used in credit unions, banks and supermarkets, said its second-quarter earnings more than doubled as revenues surged.
August 5 -
HOUSTON– Cardtronics, the world’s largest ATM deployer and a key credit union partner, reported net income this morning of $2.5 million for its second quarter, compared to a second quarter loss of $3.6 million last year.
August 5 -
MOUNT LAUREL, N.J. – PHH Corp., which operates the largest mortgage bank for credit unions, reported a surge in second quarter earnings yesterday to $111 million, as its mortgage production soared.
August 4 -
NORTH CANTON, Ohio – ATM maker Diebold Inc. said yesterday that net income for its second quarter rose 11% to $31.7 million, even as revenues were declining by 9%.
August 4 -
WASHINGTON – The FDIC on Friday took over four more bank failures, making a total of 69 through the end of July.
August 2 -
WASHINGTON — While the stock market continues to rise, the credit union industry's leading economists downwardly revised their forecast for the second quarter, saying that their assessment at the end of the first quarter was too optimistic.
July 31 -
BARCELONA, Spain — If credit unions wanted to know how they contribute to the greater good, they needed listen only to Vincente Fox, the former president of Mexico.
July 31 -
BARCELONA, Spain — The economic crisis in the U.S. is hitting CU balance sheets around the world in different ways, with countries that thought they would escape its effects saying they have also recently begun feeling some pain.
July 31 -
BALTIMORE, Md. — Like other federally insured CUs, MECU here posted a loss as a result of the corporate stabilization charges. But unlike some others, it still plans to pay its members bonus dividend.
July 31 -
SALT LAKE CITY — For many credit unions a position in the Top 5 of Callahan's rankings is a mixture of hard work and happenstance, but for Deseret First CU, it's all part of the plan.
July 31 -
JACKSONVILLE, Fla. – Loan Processing Services, spun off last year from Fidelity National Information Services, reported a 22% rise in net income for its second quarter, to $75.7 million, amid a surge in mortgage processing and servicing revenue.
July 30