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Not All Negative – Northeast Credit Union Sees Record Growth

At the end of 2008 Northeast Credit Union ($643M in Portsmouth, NH) posted 29.8% loan growth, 19.6% share growth and 20.5% member growth. A conversation with their President and CEO, Peter Kavalauskas, revealed the dedication to the cooperative’s success through new initiatives, solid execution, and an excellent market.

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Deepening Member Relationships with Affinity Cards

Credit unions enjoy a historical strength through their affiliation with organizations that are integral to their members’ lives. The affiliation may be through the company they work for, a military branch, or an organization they are associated with. One way to reinforce this affiliation is through an affinity credit card that is branded with the credit union’s logo, but also contains imagery rel

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DuPage Credit Union: Effective Card Portfolio Management

At year end 2007, DuPage Credit Union had a credit card penetration rate of 45.2%, surpassed by only 25 other credit unions. Since the introduction of the Visa Classic card in 1983, the program has grown to become an integral part of the credit union’s success.

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Not All Negative – Northeast Credit Union Sees Record Growth

At the end of 2008 Northeast Credit Union ($643M in Portsmouth, NH) posted 29.8% loan growth, 19.6% share growth and 20.5% member growth. A conversation ...
Features

Keeping the Lines of Communication Open with your Valued SEGS

The opportunity for face-to-face interaction with SEG employees is becoming increasingly scarce. What methods can credit unions employ to gain the attention of key decision-makers ...
Features

Deepening Member Relationships with Affinity Cards

Credit unions enjoy a historical strength through their affiliation with organizations that are integral to their members' lives. The affiliation may be through the company ...
Features

DuPage Credit Union: Effective Card Portfolio Management

At year end 2007, DuPage Credit Union had a credit card penetration rate of 45.2%, surpassed by only 25 other credit unions. Since the introduction ...
Features

Procuring more than Office Supplies: Small Businesses Demand Flexibility in Payment Options

One of the many challenges of running a business of any size is properly allocating and managing corporate purchases. Although company checks and business credit ...
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DCU’s Public Relations Gas Promotion Fueled Success

Learn how Digital Federal Credit Union successfully helped the community cope with rising gas prices and spread the value of the credit union.
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2Q Results of Two Leading Credit Unions Reflect Strong Commitment to Members

Pentagon and SchoolsFirst post strong second quarter results but how they are achieving such healthy results – by delivering exceptional member value - is more ...
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Eagle FCU’s Triple Win: Growth, Community, Strong SEG Relationship

One Louisiana credit union turned challenges into opportunities and reports member growth over four times the industry average and loan growth over fifteen percent.
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Interview with Corporate America Family CU: SEG Development Success

Learn how one credit union achieved a record year in sponsor company growth.
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Productivity Measures Vary Among Billion Plus

The net spread per employee ratio is a productivity measure that portrays a wide array of business models among credit unions over $1 billion in ...

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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