Commentary

Looking for an innovative way to challenge your entrepreneurial staff and develop future branch managers? Think "out of the box" and try a Team Management approach where leaders take turns being the boss. We've all experienced similar challenges in growing new leaders, expanding into new markets and implementing fresh ideas...

"In general I believe that if a section of the law has become obsolete or counterproductive it should be removed or brought up to date and I think that should be the goal of regulatory reform." - Senator Debbie Stabenow (D-Mich.) to the CUNA GAC on her support for the...

"It's not what you don't know that hurts you. It's what you know that ain't so."-Will Rogers, Jr. Just as the typical credit union a decade ago is vastly different than it is today, so, too has changed what had been the realities of credit union marketing. Where a typical...

After viewing one of the best Super Bowl games I have ever seen, I realized like many Americans that a rousing good football game only enhances seeing the clever commercials for which Super Bowl telecasts have become famous. In years of lopsided match-ups, didn't we actually look forward to the...

Following the passage of the Credit Union Membership Access Act in 1998, nearly all of us, from NCUA and CUNA, the Leagues and many credit union CEO's reminded ourselves that we could not sit back again and wait for the next banker attack. We all understood that we had to...

Credit unions can stand out by offering high-demand services It's no secret that people are making financial decisions on the Web. In fact, analysts from International Data Corp. expect that by 2004 not only will almost all high-income households access the Web, but more than 50% of these same households...

The year 2001 brought significant changes in the power of credit unions to directly offer financial services. These changes and the impact on the credit union/CUSO delivery model are worth examining. The most significant change is NCUA's amendment of Part 721 of the Regulations that replaced group purchasing powers with...

As almost everyone in the industry knows, Georgia Central recently experienced a challenging year. Early in 2001, the Board decided to consolidate with Southwest Corporate FCU. After extensive legwork to coordinate the merger, it failed to materialize in the final stage of negotiations. You might think we were a bit...