Archive for the ‘Member Money’ Category
Friday, March 2nd, 2007
I stumbled upon the article in Wikipedia today about Money Merge Accounts. While I completely agree that paying for a software program to "manage" this appalling, consumers searching for info on how they can do this for themselves will find the Wikipedia article and not useful information about how this ...
Posted in CU Industry, Member Money, Products | 25 Comments »
Monday, January 29th, 2007
Don't be like Bank of America and get fined $3M. Their investment arm got hammered for not filing the reports. See the full story here.
Posted in CUs vs Banks, Member Money, Random | No Comments »
Thursday, January 25th, 2007
Check out my recent post over at CUES Skybox about members savings!
Posted in Blogging, Member Money | No Comments »
Friday, December 22nd, 2006
The IRS has released the final version of Form 8888. As mentioned in some previous posts, form 8888 lets your members direct deposit their tax refund to up to three different FI's/accounts.
Posted in Member Money | 1 Comment »
Friday, December 1st, 2006
Here's fun promotional savings idea: have parents bring their kids in to open a youth savings account, or deposit some amount of money, and receive the board game Pay Day for free! What's in it for the parents? We'll match your pay day!CNNMoney posted an article about "5 gifts ...
Posted in Member Money, Products | No Comments »
Friday, December 1st, 2006
I want to put an IRS for in our statements.
Sounds kinda weird, huh. I want to put Form 8888 into our year-end statements (see original post here), which contains our 1099's, and have it pre-populated with our routing number. Give the members a little instruction sheet, tell them what ...
Posted in Member Money, Products | 2 Comments »
Tuesday, October 24th, 2006
3rd quarter earnings are being released left and right. Amazon had an amazing run up after closing today (14%) when they announced their earnings for Q3 2006. Weyerhaeuser and GM will announce their earnings tomorrow. What does this mean to CU's??
Watch your outgoing ACH transactions. We learned a lot about ...
Posted in Member Money | 1 Comment »
Monday, October 23rd, 2006
How much did B of A make in non-interest (fee income) in the Q3 2006?$10 Billion dollars.Net interest income???$8.5 BillionHere is B of A's Earnings Statement.Hopefully not too much of our members' money is going there!
Posted in CUs vs Banks, FI Info, Member Money | 1 Comment »
