Archive for the ‘Products’ Category

Is the weakening dollar going to affect your CU?

Tuesday, April 1st, 2008

Unless you are an ostrich and have had your head in the sand, the US economy isn't doing great.  Arguably we are already in a recession with the dreaded word "Depression" occasionally getting thrown around if we have any type of bank runs or if more large investment or retail ...

Yet another Money Merge Account

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!

What’s an IDA?

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: ...

More on the Money Merge Account / One Account

Thursday, April 26th, 2007

I encourage everyone to go look at the conversation going on at The Simple Dollar in reference to the money merge account/one account.  They've had a lot of comments weighing in on the subject. In addition, it appears yet another financial institution is offering this type of product.  Salem Five calls ...

User generated content @ FI’s

Friday, March 16th, 2007

So we're talking about making a product manual for our staff to have quick reference to all of our product info. Everyone is talking about "manual owners" and who will be responsible for updating it, making it work in conjunction with the other manuals, etc, when I blurt out ...

custom cards (again)

Monday, March 12th, 2007

A while back I posted about Garanti Bank offering some pretty sweet customized credit cards. A co-worker recently emailed me back talking about this particular product again and I got a chance to re-read the original Springwise article. One of the visitors noted that First National Bank of Omaha is also ...

Epiphanies and IRA’s

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 ...

Money Merge Account/One Account

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 ...