Corporate governance

WILMINGTON, N.C.-Slow economic progress in the last two quarters will actually increase the emphasis on debit this year, predicts one analyst.

RALEIGH, N.C.-As credit unions vie for bank customers' checking business, what really attracts the accounts, according to one CU, is making switching checking accounts easy for members.

WICHITA, Kan. – Central Star CU has created a CUSO that will offer mortgages and insurance.

SUITLAND, Md. – Andrews FCU joined credit union service organization Potomac Business Services LLC as an equity member May 19.

MADISON, Wis.-A team of professionals from the credit union and finance communities has created a mutual fund that aims to make it easier for CUs to package and sell member business loans.

ANAHEIM, Calif.-There are lessons in management to be had for credit unions from a man who has taken more than 10,000 trips on Disneyland's Jungle Cruise.

ANAHEIM, Calif.-Even if you haven't flown it, you're likely aware the Virgin America brand has a certain "cool" factor to it. What you may be less aware of is the airline's marketing budget is relatively small, especially compared to competitors'.

ANAHEIM, Calif.-When he first rode a skateboard he crashed into some bushes. Now he's introduced to audiences as a "brand."

ANAHEIM, Calif.-A powerful idea can overcome anything, according to one expert. Yet sadly, in most organizations, including credit unions, those ideas lie dormant and undiscovered.

ANAHEIM, Calif.-For Land's End, respected for its customer service, it all begins by "thinking about the person on the other end of our decisions."

ANAHEIM, Calif.-At the age of 23, Nancy Lublin came home one day to find in the mail an envelope. Inside it was a check for $5,000 representing an inheritance from a grandfather.

ANAHEIM, Calif.-What is the personality of your CU? It's not a question to be lightly regarded, according to Susan Packard, the co-founder and former COO of HGTV, who offered CU leaders several different views on what it means to build a brand.

ANAHEIM, Calif.-If you think you're acting your age by simply not tweeting or engaging in other media, what you're really acting like is a poor leader, according to several people.

SALT LAKE CITY – Virginia’s Chartway FCU, still breaking into the Utah market, awarded members of its recently acquired HeritageWest and SouthWest Community credit unions $21,000 in financial gifts through the month of April as get-acquainted gifts.

SAN JOSE, Calif. – Technology CU has introduced a new program aimed at providing financial services high tech workers who have recently come to Silicon Valley and foreign nationals who have established residency or gained citizenship.

SANTA ANA, Calif. – Orange County’s CU is offering members a $50 reward for opening new accounts and an additional $50 for referring new members as part of a new branch opening in Lake Forest.

KAHULUI, Hawaii – Valley Isle Community FCU said yesterday it has agreed to absorb Kulia Ohana FCU, creating the Hawaiian island’s second-largest credit union with $103 million in assets.

WEBSTER, Mass. – Webster First FCU, one of the biggest credit unions in western Massachusetts, said yesterday it is expanding to the eastern part of the state with a deal to acquire troubled Saugus FCU, a one-time $68 million credit union in Boston’s northern suburbs.

ST. LOUIS – Gateway Regional CU, chartered to serve federal employees in the city of St. Louis, has applied to state regulators to serve all 1 million residents of the county and city of St. Louis.

KINGSPORT, Tenn.-The secret to Eastman Credit Union's success requires a short trip down memory lane, according to CEO Olan Jones.