2013 Beige Book Responses

A team approach and solid relationships with vendors and other credit unions will help streamline continuity and recovery.

Some credit unions that catered to U.S. Postal Service employees are reaching out to the broader community.

Decisions related to a core conversion impact every aspect of the institution. What do you need to be aware of when meshing core systems?

Credit unions can cautiously plan for a drop in late payments on home loans and credit cards by mid-2012, but not before a slight uptick.

The Board's ability to focus on strategy is a major driver of credit union success.

CU Community Credit Union doesn’t rely on what’s worked in the past to guarantee success in the future.

Credit unions could use a dividend payment from the over-reserved share insurance fund to improve their balance sheets, make more loans, and help members in need.

Eric Acree, executive vice president of Vantage Credit Union ($700.2M, Bridgetown, MO), describes the credit union’s innovative venture into mobile banking. When faced with the tough times of 2009, the credit union donned its creative thinking cap and came up with Tweet My Money.

A strong membership frees up resources to build a stronger credit union.