Credit Union News Blog by Oak Tree Business Systems, Inc. - Your fun and informative source for updates, regulations and more.
The New Year is coming for you and your credit union members, and along with it, plenty of resolve. New Year's Resolutions may start out strong. However, in March, things will change. Your gym will begin to resemble an abandoned mining town from the 1800s. Once full of life and promise, people leave and go back to their lives on the couch. Keeping New Year's Resolutions is hard, but it can be done. Follow our tips below for motivation in keeping those resolutions. Your gym may empty out, but you will still be there. At that point, consider yourself the new sheriff in town.
Credit unions are constantly looking for products that are both good for their members and good for lending growth. Finding something that fits both specifications can be challenging; yet with a little digging, you can strike gold. Mobile banking happens to be one of the areas where more than a few good nuggets exist. Let’s unpack it a bit further and explore the benefits that are beneficial to both aspects mentioned above.
In addition to President Donald Trump taking office in the White House, there will be another significant shift in Washington in 2017. With a newly Republican-dominated Congress, change is ahead for credit unions and the agencies that regulate them.
Don't Get Unfriended!
Every one of us have had the experience of someone online “unfriending” us. Gasp! Maybe they didn't like something you said, maybe they thought you were someone else, or maybe they just didn't like you to begin with and were simply tolerating your presence. Who knows? What we do know is you definitely don't want that online phenomenon to carry over into your credit union membership. Members “unfriending” you can spell big trouble. The following are a few tips to encourage your members to stay on “friendly terms” with your credit union.