RANCHO CUCAMONGA, Calif.—As year-end approaches, CO-OP Financial Services has unveiled what it considers to be the Top 14 Stories of 2014.
THE boost
HOLLYWOOD, Calif.—First Entertainment Credit Union is offering its members-and the world—a behind-the-scenes video glimpse into the historic movie archives at Warner Brothers Studios.
DES MOINES, Iowa—Credit unions looking to boost lending in 2015, particularly auto, should consider a Hispanic outreach program, according to results from a new study.
TAMPA, Fla.—The first federally insured CU to introduce credit card loan participations says the program is working and will expand in 2016.
BEDFORD, Texas—With auto lenders going longer on terms and reaching to deeper credit scores (http://www.cutoday.info/Fresh-Today/CUs-Going-Longer-On-Auto-Terms), advice is being offered on how to effectively leverage collateral protection insurance (CPI).
CHICAGO—As credit unions grow, especially as the result of mergers, it’s becoming increasingly important to manage growing numbers of employees. But the idea that “management” is just an HR function is a “myth,” according to several people.
SAN DIEGO – Four credit unions have been recognized for winning lending programs.
Presented with Excellence in Lending Awards, which are sponsored by CUNA Mutual Group and the CUNA Lending Council were: Carter FCU, Shreveport, La., Consumer Lending, Less than $250M in Assets; Clearview FCU of Moon Township, Penn., Consumer Lending, More than $250M in Assets; Numerica Credit Union in Spokane Valley, Wash., Business Lending; and Highmark FCU, Rapid City, S.D., Business Lending.
SPRINGFIELD, Mass.—Freedom CU has redesigned its website in a bid to make it easier to navigate, to boost online loan apps, as well as new account sign-ups.
VERNON HILLS, Ill.—Baxter CU’s Power Interest Checking is driving deep relationships—an average of seven products per account holder.
LOS ANGELES—Not surprisingly, innovation was the subject of some of the discussion at the California and Nevada league’s REACH Conference here. That included a panel discussion that was moderated by Mollie Bell, chief engagement officer with the Filene Research Institute.