Archive for the ‘Member Money’ Category
Tuesday, June 10th, 2008
So credit unions are supposed to help their members be thrifty and spend their money wisely. That is such an important topic that companies like Jwaala have built software solutions to help CU's achieve that goal and the Partnership Symposium has invited a guest speaker for that topic. So tell ...
Posted in Member Money | 13 Comments »
Tuesday, July 24th, 2007
I finished up an article about how to mine your ACH data to better track and analyze how members spend money for CUES a few weeks back and it has been posted on their Inside Marketing column on their site here.
Posted in CU Industry, Member Money | 3 Comments »
Monday, July 2nd, 2007
Stumbled onto CMG Financial Services just now. It appears that yet another mortgage broker-esque company has entered into the One Account aka Money Merge Account space. CU's have an opportunity here to help mainstream this product, but we're falling farther and farther behind!
Posted in CU Industry, Member Money, Products | 6 Comments »
Wednesday, June 20th, 2007
The Financial Times published an article today, "Wal-mart to open 1,000 Money Centers", providing some details into the major retail chains entry into the financial services market. Although WalMart dropped their ILC plans in March 2007, they've decided to utilize pre-paid money cards to get into their customers wallets. WalMart ...
Posted in CU Industry, In the news, Member Money | 1 Comment »
Monday, June 18th, 2007
According to this recent MSN article, the average Gen Y'er (age 20 to 29) has a median household income of $28,000. and a median net worth of $7,900.
I suddenly don't feel quite as bad about my "credit union" salary.
Posted in Demographics, Member Money, Random | No Comments »
Thursday, May 17th, 2007
I asked the same question the first time I saw IDA. Did someone misspell IRA???
An IDA is an Individual Development Account and it is an initiative the state of Oregon kick off a few years ago through The Neighborhood Partnership Fund. The fund lists three main goals:
...
Posted in Community Service, Member Education, Member Money, Products | No Comments »
Monday, April 9th, 2007
A new, non-profit group promoting member savings...
America Saves
Posted in Member Education, Member Money | 3 Comments »
Friday, March 2nd, 2007
A few months back while we were planning out our deposit strategy for 2007 and 2008, I just rattled an idea out of my head. No clue where it came from, but I just blurted it out.Why does our IRA rate suck? (That wasn't my idea, just my ...
Posted in Member Money, Products | No Comments »
