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The article discusses the views of credit union industry leaders including Mark Sievewright, Lisa Bodell and Brandon Michaels on achieving business success in the future. They discuss the impact of the emergence of new technologies like smart homes, financial services technology and the digitization concept. Strategies with regard to the future of financial services are also discussed, which include right investment, redeployment and embracing opportunities.

The article discusses the investment strategies developed by credit union chief financial officers including Justin Mouzoukos, David D'Annunzio and Charlie Watts to address financial challenges in the U.S. Topics include the balancing of investment portfolio to take advantage of adjustable and floating securities, the sale of longer-term investments and reinvestment in short-term holdings and the higher allocation in variable-rate home equity credit lines.

The article focuses on the impact of reduction in loan demand among credit unions. Mike Schenk, vice president of economics and statistics for the Credit Union National Association (CUNA) relates that even savings growth could make more money available to invest, it would lag behind making liquidity tight that leaves credit unions without a lot of money to invest. Schenk suggests that credit union must keep investments short and must focus on safety and liquidity.

Offers guidelines for developing mortgage programs for low-income credit union members. Development of partnerships; Evaluation of low-income programs; Consideration of the United States Federal Housing Administration (FHA) loans.

The credit union saw deposits grow by 9 percent and loans grow by 7 percent, while returning more than $1.8 million in member dividends. [ABSTRACT FROM AUTHOR]

While a recent study showed significant differences in credit union leaders' perceptions of good governance, one reader believes five steps can help better align CUs and their boards. [ABSTRACT FROM AUTHOR]

All six institutions have assets of $1 billion or more. [ABSTRACT FROM AUTHOR]

The article presents a report on the management of cash by credit unions. The pressure on margin has compelled the financial industry to focus more on cash management. The Credit Union Journal's talk with four major corporate credit unions about cash management revealed that they are doing fairly well, but missing out opportunities on cash management. The industry experts opine that credit unions of late are more proactive in cash management and overall financial operations.

Several tables are presented which offer information on the performance of credit unions in San Diego County, California including credit union membership, credit union investments, and credit union loans.

To balance investment in branching and mobile, the key is to start by asking the right question. [ABSTRACT FROM AUTHOR]

The article talk about the proposed plans of financial cooperative Community 1st Credit Union to issue credit cards to all applicants who request for it, with a nominal annual fee and allowing card holders to make cash savings. Topics include credit card holder qualification for a loan or a mortgage, reliance on alternate financial providers for cashing checks and salary loans, and report by Center for Financial Services Innovation.

BROOKFIELD, Wis. -- Fiserv Inc. announced DHCU Community Credit Union, a $488-million institution based in Moline, Ill., selected the technology firm's DNA account processing platform and several integrated solutions. [ABSTRACT FROM AUTHOR]

The article offers author's insights on the future of credit union (CU) tax exemption. Topics discussed include the entreaties in U.S. Congress by bankers as supporters of tax exempt status movement, the comment of credit union consultant Dennis Dollar on his confidence that they will not lose tax exemption, and the Credit Union National Association (CUNA) report which shows the estimates on the number of consumers benefited annually.

The article discusses data from the National Credit Union Association's (NCUA) third quarter 2014 Call Report. It highlights key findings from the report including the 19.4 percent increase in new auto loans, 21.9 percent growth in non-federally guaranteed student loans, and the 4.3 percentage points improvement in loan-to-share ratio. The data also confirms a year-over-year decline of 1.7 percent in long-term investments made by credit unions.

Reports on CIMCO Inc.'s plans to launch a family of investments called MEMBERS Mutual Funds, targeted only at credit union members. Sale of load funds through 300 representatives at credit union offices; Estimate size of the credit union market; CIMCO's plans to clone the UltraSeries funds underlying CUNA Mutual Life Insurance's variable annuities.

The article discusses the strategies that small credit unions can use to build their loan portfolios. Topics covered include alternatives for payday loan program, how credit unions can differentiate themselves from rivals, and the advantages for credit unions in leveraging their relationships with their sponsor groups.

Several charts are presented which lists the performance of San Diego (SD) County, California-base credit unions as of June 30, 2014, including membership growth ratio, volume of investment and total shares and deposits.

The article presents a call report data released by the U.S. National Credit Union Administration (NCUA) which reveals that credit union mortgage originations dropped by 60 percent in the first quarter of 2014. According to the NCUA report, the decline reflects reductions in refinancing activity and slowdown in housing activities. Also mentioned are concerns of credit union community including higher interest rates and growth in long-term investments.

The article reports that House Bill 3954, An Act Relative to the List of Legal Investments, has been signed into law by Massachusetts Governor Deval Patrick on October 10, 2014 to improve the investment authority for state-chartered credit unions.

The article discusses the annual returns for the credit unions in the U.S. which have seen an increase of 5.2 percent in loans with loans totaling 621.1 billion U.S. dollars and credit loans outstanding growing by 0.6 percent.

The article discusses the trials encountered by the consumers regarding their finances. It states that scams are the traps hunting those consumers who were trying to recover and increase their financial footing. It mentions the Philadelphia, Pennsylvannia-based Platinum Trust Card and Express Platinum Card was closed in settlement with the U.S. Federal Trade Commission (FTC), stating that the owners' telemarketing operations were illegal.

The author argues on the need to increase the business lending capital of credit unions.

The article focuses on the review of credit union derivatives investment rules by the U.S. National Credit Union Administration (NCUA) wherein changes in share insurance fund reserves were discussed.

The article offers information on the Ashley Swearengin, president of Central Valley Community Foundation has deposited money at the Self-Help Federal Credit Union for using it in various loan products. Topics discussed include the views of Joe Duran, executive vice president with Self-Help Federal Credit Union, on loans to low-income individuals and minority borrowers; the views of Kevin Schwartz, founding partner of Paine Schwartz, on investment; and investments in agricultural businesses.

The article focuses on the time for the stop of budget increase in the U.S. credit unions (CUs). Topics discussed include the National Credit Union Administration Board's briefing on its budget, the coverage of the budget, the concerns raised by the industry stakeholders, and the use of overhead transfer rate.

The article reports on the update issued by the Financial Accounting Standards Board (FASB) and its potential impact on the investment strategy of credit union in the U.S. It notes that the update aims to provide a more complete and clear disclosure of financial assets and liabilities. It explores the update's possible impact on net income and employee benefits prefunding program.

The article reports on the new corporate rule issued by the National Credit Union Administration (NCUA) stating that corporates can no longer offer investment options and will cut rates for the credit unions in the U.S.

The article reports on the withdrawal of credit union's shares from the corporate system and transferring it to agency securities assured by the U.S. government.

The article offers information on the benefits of investing in employee wellness programs by credit unions (CU) in the U.S. The author highlighted Royal Credit Union which has invested more than 100,000 dollars yearly in wellness program since 2007. The author noted that Royal CU has employed the assistance of an outside vendor to introduce Health Risk Assessments (HRA) to the employees.

The article reports on the increase of deposits at the Department of Commerce Federal Credit Union (DOCFCU) in just three days in the U.S. The agency says that the concerns over the safety of their money led consumers to deposit $1 million U.S. dollars at the DOCFCU. Evan Clark, president of the DOCFCU, says that although, it reduces its dividends, it remains above the market.Department of Commerce Federal Credit Union is a non-profit financial institution dedicated to providing high quality services while maintaining its integrity as an organization.

The article presents the views of several financial analysts on the possible effect of the conservatorship of the Western Corporate Federal Credit Union (WesCorp) and the U.S. Central Corporate Federal Credit Union (FCU) in the U.S. Among the analysts include Bert Ely from Ely & Company Inc. and Stephen Coale from Amherst Securities. They said that the conservatorship might offer risk for taxation, equity investment, and corporate image of the credit union industry.

The article focuses on U.S. trade organization National Association of Federal Credit Unions (NAFCU). It also talks about the new regulatory terms to be undertaken by NAFCU including credit unions' tax exemption, more stringent laws against cyber threats, and changes in lending policy to encourage more lending with comparative less risk.

A calendar of Credit Union National Association (CUNA) events from December 2015 to October 2016 is presented including the CUNA Supervisory Committee and Internal Audit Conference, the CUNA Economics and Investments Conference and the CUNA Payments Roundtable.

The article focuses on the investment strategies suggested by the author that credit unions (CUs) should practice in times of economic crisis and in times when the economy is strong. Vice president Bob Post of Corporate One, a federal credit union (FCU), advises that when managing investment, stick to the planned strategies which include laddering portfolio maturities for reinvestment purposes. Also, CUs executives suggested strategies that include offering good investment choices to members.

The article provides information on the bailout plans made by the Treasury Department in Washington for its mortgage industry and to accept bids in order to collect $700 billion of assets which will be bought from banks and credit unions. The bailout plan passed the Congress by adding billions of dollars in tax breaks to rescue financial institutions. The program is open for all credit unions, while the biggest beneficiaries are the corporations in the credit unions industry.

The article reports that the financial market crisis brought by the bankruptcy of Lehman Brothers Holdings Inc. greatly affected the credit union industry in the U.S. The asset liability vice president (VP) David Dickens of U.S. Central Federal Credit Union (FCU) has reported that mortgage securities portfolio acquired about $3 billion in potential losses on July 31, 2008. The First Empire Securities VP Charles Felker has expected the deterioration of corporate mortgage portfolios.

The article reports on the effects of the bankruptcy of Lehman Brothers Holdings Inc. on the credit union industry in the U.S. Several credit union executives including Jeff Post, Dwight Johnston, and Charles Felker described the market downfall. It notes that credit union investments have declined by 25% in credit card companies such as MasterCard and Visa. The crisis affected money markets and other market funds such treasuries, repurchase agreements and overnight Fed Funds.

The article reports on the $1.1 billion investment of State Employees Credit Union (SECU) to refinance and provide funds for student loans made by College Foundation, Inc. (CFI) in Raleigh, North Carolina. It mentions that CFI has lent $7.5 billion to more than 530,000 students and parents borrowers. SECU chairperson Shirley Bell said that education is one of the most important investments they could provide to students to boost their future income and the progress of the State's economy.

The article discusses the adoption of new loan strategies and investment planning by the credit unions (CUs) to have control over their balance sheet. An advice by Dwight Johnston of WesCorp, San Dimas, California on the housing market is discussed. Advice of Brian Turner, director of advisory service for Southwest Corporate Investment Services, on auto lending of CUs is also discussed. More business lending is suggested by Members United Corporate FCU Chief Investment Officer Ronald Koza.

The article reports on the announcement made by the Pennsylvania Treasurer's office. The announcement says that the office deposited $20-million into Mid-Atlantic Corporate Federal Credit Union (FCU). The deposit will help fund a loan-loss reserve for a new payday loan program introduced by the state's credit unions. This will be the first credit union payday loan program with a statewide footprint.

Reports that credit unions are starting to surrender their resistance to raising their savings rates because of the continuing increase in the short-term rates imposed by the U.S. Federal Reserve Board. Impact of the resistance of the credit unions on their business operations; Factors contributing to the decreasing resistance of the credit unions in raising their savings rates; Reason behind the resistance of the credit unions in increasing their savings rates.

Reports on the importance of strategic partnerships in keeping credit unions relevant in investment services sector.

Focuses on portfolio management issues for United States credit unions. Crucial key to balance sheet management; Need to focus on entire balance sheet; Derivatives; Positioning for rising or declining interest rates.

Looks at the corporate bond market and on mortgage-backed securities (MBS), the bread-and-butter investments of United States credit unions. How a corporate bond works; Risks of MBS; Derivative securities.

The article throws light on the ongoing dispute between state and federal regulators over the National Credit Union Administration's (NCUA) overhead transfer rate (OTR) policy. Reference is made to the letter written by the general counsel of NCUA to the head of National Association of State Credit Union Supervisors (NASCUS) in this regard. Views of NCUA general counsel Michael McKenna and NASCUS's Lucy Ito are presented. The article says public debate is this matter might not be helpful.