Financial Performance

Unique Visions Produce Extraordinary Results

Chip Filson examines credit unions that are performing phenomenally well in an environment that has many financial institutions struggling. The common factor in all of these cases is a unique vision which drives strategy.

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Extending the Reach

Looking for new opportunities, we formed a CUSO holding company and within it a marketing company. This marketing company serves credit unions, even banks, has been profitable since inception and has extended our reach to persons otherwise not served.

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Features

Maine Credit Unions Cooperatively Advertise “There’s One for You” in 2005

Learn how Maine credit unions are using cooperative advertising to gain new members and increase services per household of existing members.
Features

The Votes Are In: Lake Michigan Credit Union Remains a Credit Union

The $1.1 billion Lake Michigan Credit Union (LMCU) in Grand Rapids, MI, will remain a credit union after less than two-thirds of voting members cast ...
Features

Unique Visions Produce Extraordinary Results

Chip Filson examines credit unions that are performing phenomenally well in an environment that has many financial institutions struggling. The common factor in all ...
Features

Air Academy FCU: Commitment to Excellence Leads to First Mortgage Success

During a time of credit union mortgage success, Air Academy has increased mortgage production as well as member service.
Features

Managing Well in Tough Times: Interview with Tom Baldwin, EVP & CFO of Space Coast CU

A good capital postition helps; so does taking advantage of opportunities.
Features

Interview with Amy Sink: Meeting Challenges in Indiana

Amy Sink, CFO of Teachers CU in South Bend, IN, spoke with Credit Union Strategy & Performance editor Brooke Stoddard in early March on the ...
Features

An Innovative Approach to Measuring Member Satisfaction

The Net Promoter® Score is a metric that measures how likely your members will recommend the credit union. Where does your credit union fall on ...
Features

P-Cards Bring New Expense Control Tool into the System

Credit unions are implementing purchase card, or p-card, programs to streamline payables, manage cash, and earn on their spending.
Features

Promoting Efficiency and Expense Control to Improve ROA

With net interest margin at its lowest level in recent history, credit unions will need greater focus on expense control to overcome the earnings squeeze.
Features

Extending the Reach

Looking for new opportunities, we formed a CUSO holding company and within it a marketing company. This marketing company serves credit unions, even banks, has ...

Is Revenge Savings A Fad? Or A Financial Shift?

After years of post-pandemic splurges for the well-to-do and inflationary pain for the less well off, more Americans are shifting to a discipline of saving. Here’s what that means for members and how credit unions can turn the trend into opportunity.

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