March 12, 2007


Comments

 
 
 
  • I think that a major driving factor in existing member visa balance growth is due to the slow down in the equity appreciation in the housing market. As consumers become tapped out in their equity ATM cards they are turning back to traditional consumer credit options.
    Anonymous
     
     
     
  • All of the recent bad press seems to be focused on Visa. This may also represent the need to diversify risk by diversifying card brands and consider issuing on the Discover Network.
    Anonymous
     
     
     
  • What if we banded together to create a mass media campaign around Your Credit Union''s Credit Card. Credit unions can''t compete dollar for dollar in advertising, but we can cooperatively promote the credit union brand especially in products where, hands down, we provide better value for the members.
    Anonymous
     
     
     
  • This is encouraging news. Transparency is the key to credit union branding and will become an even stronger component of the credit union brand in this decade.
    Anonymous
     
     
     
  • I thought Jay''s article was excellent and exposed the banker''s credit card operations for what they truly are - predatory lenders or will if any consumer gives them the slightest opening. I think he points out a way CU''s can gain a real competitive edge and build on the trust with their members.
    Merrill Mann
     
     
     
 
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