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CU CFOs attending the CUNA CFO Council annual meeting here spent more than three hours sharing their own stories and participating in a Q&A related to mergers.
July 19 -
MERRILLVILLE, Ind.-Space is so tight at the $27-million Northern Indiana FCU, that the CEO and CFO have to share an office that has just a small divider between them. Yet they're accustomed to such an arrangement: the CEO, Sandy Heller, and the CFO, Lora Davison, are mother and daughter.
July 19 -
Oregon Community CU, Eugene, Ore., welcomed Kevin Kenan as IT Security Officer. The CU also recently named Lee Beyer as its new board chairman.
July 19 -
GRAPEVINE, Texas-"Accountability" is at the basis of every organization and management decision, according to one well-known business analyst. It's also one of the most "misunderstood words in business."
July 19 -
EL SEGUNDO, Calif.-CU execs continue to map strategies for dealing with the ongoing special assessments from NCUA.
July 19 -
SAN FRANCISCO-When a disconnect exists between the credit union's financial results and individual employee performance, there's a greater chance the CU is headed for trouble.
July 19 -
ORLANDO-A credit union that has taken a sharp pencil to every expense, demanded more out of fewer-but higher paid-employees, and that reminds itself everyday of why it exists has turned itself into a peer group leader.
July 19 -
MUSKEGON, Mich-A concept proposed by Service 1 FCU here has been selected as the winning entry and turned into a video by CU*Answers, a CUSO that provides core processing and other services.
July 19 -
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LAS VEGAS-Credit unions in Australia are preparing a national advertising campaign to lift their profile and overcome a seemingly hardheaded attitude displayed by their countrymen.
July 19 -
LAS VEGAS-Credit unions in the U.S. were given a preview of what likely lies ahead in Congress when it comes to interchange, and from an Ausralian CU rep who ha had to deal with the issue for three eyars.
July 19 -
LAS VEGAS-There were many CU leaders here last week hoping what was discussed in Vegas won't stay in Vegas.
July 19 -
INDIANAPOLIS-For the credit union community to thrive, greater collaboration must take place-but a number of tough issues will need to be resolved, including compensation.
July 19 -
There is no question this past year has been one of extraordinary challenges to all those in the financial services industry. Yet, we are still standing. So the question is, "Now what?"
July 19
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In politics, effective politicians have often found a middle ground between the federal and state charter, yet until recently there has not been a "third way" in the debate. One person is hoping to change that.
July 19
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While the Troubled Asset Relief Program (TARP) was being rolled out before a shocked Congress and national taxpayer audience, NCUA, CUNA, NAFCU and NPCUs were quietly (some even smugly) sitting on the Toxic Asset Containment Secret (TACS).
July 19
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A reader responds to "Members Reap Rewards Of Pre-Merger Payout": While the payout is arguably a fair distribution in advance of the merger, keep in mind that those who were members in years past, but are not now, are excluded whereas those who reap the benefit of the distribution may not have "earned" it.
July 19