Payment Industry Insider

Providing opinions and insights on card processing, payment technologies and the credit union industry

Entries from the ALM Department

All Is Right With The World

Written by Denny DeGroote · August 5, 2008 · 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 [...]

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Savings - Can It Be The New Rage?

Written by Denny DeGroote · August 1, 2008 · 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 [...]

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Where is the Reward for Good Stewards?

Written by Denny DeGroote · July 7, 2008 · No Comments

I liked the title of a recent USA Today “Letter to the Editor” so much that I kept it to kick this conversation off. There are a lot of people who have been responsible with their finances. Many of them are credit union folk. We – credit unions – have an opportunity and indeed a [...]

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Not for Profit, Not for Charity, But for Service

Written by Denny DeGroote · June 30, 2008 · 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 [...]

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The Reality of Mergers

Written by Denny DeGroote · June 16, 2008 · 2 Comments

Credit unions are supposed to be member driven, aren’t they? And if they can’t “do it” themselves - meet members’ satisfaction – they need to find a solution. And merger might be the best solution.

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The Recovery

Written by Denny DeGroote · June 2, 2008 · No Comments


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Thrift! What is That?

Written by Denny DeGroote · May 27, 2008 · 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.

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Greed - On Everybody’s Mind and Many People’s Lips

Written by Denny DeGroote · May 19, 2008 · No Comments


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The Recession is Consumer Led

Written by Denny DeGroote · May 13, 2008 · No Comments


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It’s a Wonderful Life in a Recession

Written by Denny DeGroote · May 6, 2008 · 1 Comment


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