In a recent article, Parade Magazine has encouraged readers to apply for credit cards at a credit union, because they are “less likely to impose burdensome fees.” See the article in CUNA News Now.
As the article continued with various and sundry items about credit cards, it concluded with the fact that credit card debt in [...]
Entries Listed Under 'ALM'
Are You Promoting Responsible Credit?
August 27, 2008 · Written by Denny DeGroote · No Comments
Categories: ALM · Cards: Credit · Marketing
Changing Spending Habits into Saving Habits
August 22, 2008 · Written by Denny DeGroote · No Comments
To follow up on the savings conversation of a couple of weeks ago, I read an article recently by Sandra Simmons, President of Money Management Solutions. In the article, “10 Mistakes People Make With Their Money”, a couple of things struck me:
1. People habitually spend more than they make
and
2. People buy products and services based on [...]
Categories: ALM · Marketing · Member Growth · The Industry
All Is Right With The World
August 5, 2008 · Written by Denny DeGroote · No Comments
If you are a Celtics fan, Boston that is, then you perhaps feel a little lighter of heart lately. They won the NBA championship a few of weeks ago! They are back - in their rightful place, at the top!! Not since the days of Bill Russell, John Havlicek, Sam Jones, et al has there been [...]
Categories: ALM · Marketing · The Industry
Savings - Can It Be The New Rage?
August 1, 2008 · Written by Denny DeGroote · 4 Comments
Savings - is it a thing of the past, or can it be the new rage with consumers? Particularly young adults, the millenials. How can you be an influence?
Christopher Morris Suggests Developing New Ideas
Christopher Morris, CUDE and Web Manager for CUNA Councils recently responded to an email on the DE (development educator) listserv about this [...]
Categories: ALM · Marketing · Member Growth · The Industry
Not for Profit, Not for Charity, But for Service
June 30, 2008 · Written by Denny DeGroote · No Comments
Sound familiar? It should! These words form the very core of what credit unions are. But alas, they have almost been lost to a today world.
I was stirred up recently by a series of email notes exchanged among many DE (CU Development Educators) colleagues. It all started with a DE’s post seeking help in a [...]
Categories: ALM · Member Growth · The Industry
The Recovery
June 2, 2008 · Written by Denny DeGroote · No Comments
Categories: ALM · Customer Care · Member Growth · The Industry
Thrift! What is That?
May 27, 2008 · Written by Denny DeGroote · No Comments
There’s a lot of talk going on today - talk about recession and to a lesser degree inflation, talk about the government funded stimulus payment (actually, if you think about it, we’re just paying ourselves), talk about credit and debt, talk (again to a lesser degree) about savings (now there’s a novel idea). Another new word starting to get a little traction is THRIFT.
Categories: ALM · Member Growth · The Industry
The Recession is Consumer Led
May 13, 2008 · Written by Denny DeGroote · No Comments
Categories: ALM · Member Growth · The Industry
It’s a Wonderful Life in a Recession
May 6, 2008 · Written by Denny DeGroote · 1 Comment
Categories: ALM · Member Growth · The Industry
Saving? What’s That?
April 29, 2008 · Written by Denny DeGroote · No Comments
Unfortunately, that word, saving, is almost as lost to our societies’ consciousness as the word “sacrifice” mentioned in an earlier article. We, credit unions, really need to step up to the plate and promote a fundamental belief that we have always prided ourselves in - savings and the promotion of thrift.
I was visiting with a [...]
Categories: ALM · Member Growth · The Industry
