5 Father’s Day gift ideas under $50

first_img 17SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Wendy Moody Wendy Moody is a Senior Editor with CUInsight.com. Wendy works with the editorial team to help edit the content including current news, press releases, jobs and events. She keeps … Web: www.cuinsight.com Details Father’s Day is a time for showing our gratitude and appreciation for those important men in our life. Many of us would give our dear ‘ol dad the world if we could. The reality is most of us are on a budget, but that doesn’t mean you can’t find the perfect present for pops. Below are five ideas for Father’s Day gifts under $50.For The Techie“Alexa, what’s the perfect Father’s Day gift for my tech-savvy dad?” The answer is the Amazon Echo Dot, at only $40. This voice-controlled device plays music, controls home devices, adds items to grocery lists, provides news and weather, and much more. Just don’t be surprised if on your next visit to dad’s house, he talks to “Alexa” more than he talks to you.For The TV/Movie BuffWho doesn’t have Netflix these days? Well, honestly your dad may not. So, consider purchasing him a Roku streaming stick for only $40. This small USB jump-drive sized stick goes directly into the side of the television and is incredibly user friendly. Just follow the easy steps given and your dad will be on his way to streaming his favorite movies and shows.For The Sports FanaticNo matter what sport your dad follows, there’s a gift out there for him. UncommonGoods has an awesome selection of interesting and unique sports-related presents for dads that aren’t bad for your budget. There’s tabletop games, wall art, and beer glasses just to name a few.For The Kid at HeartThere’s something about motorized vehicles that every man seems to love. Today’s version of the remote control airplane that many males grew up loving is the drone. Most of us have seen a drone at some point and heard that loud buzzing, but now they are available for purchase at just the click of a button. Check out this one on Amazon with a built in HD camera.For The OutdoorsmanIs your pops a camper, a climber, or a hiker at heart? REI offers a great selection of gifts under $50 for your outdoorsy dad. Favorites include high-quality camping (or tailgating) chairs, YETI cups, and the classic Leatherman multi-tool.last_img read more

What CEOs want from CMOs

first_img 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr What do credit union chief executive officers want from their chief marketing officers (or the person leading their marketing efforts)? That is a burning question Jeff Rendel sought to answer. He presented his findings at CUNA’s Marketing & Business Development Certification School (which if you have not attended is a “must do” event for every credit union marketer or business development person).As part of his research, Rendel received over 400 responses from credit union CEOs.“Talent is overrated,” Rendel said. “The responses showed that 61% of CEOs are not satisfied with the innovation shown by their CMOs and 53% of CEOs feel they aren’t getting the strategic thinking they need from marketing.” He went on to note that 47% of CEOs are unsatisfied with the level of agility demonstrated by their CMOs and 51% of CEOs are looking for better member insights from their marketing leaders.So what do CEOs really want from their marketing team? According to Rendel, four traits were paramount: continue reading »last_img read more

CUNA receives three additional board nominations

first_img continue reading » 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr CUNA has received three additional board nominations for the 2018 CUNA Board elections.The nominees are:District 1, Class B, Gary E. Furtado,  president/CEO, Navigant CU, Smithfield, RI;District 5, Class A,  Maria J. Martinez, president/CEO, Border FCU, Del Rio, Texas; andDistrict 5, Class A, Johnny O’Hare, president/CEO, Cherokee Strip CU, Ponca City, OK.Previous nominations include:District 4, Class B: Patrick Pierce, President/CEO, City & County Credit Union, St. Paul, Minn.last_img read more

What makes a catch a catch in football plus some compliance stuff

first_imgBefore I do what I get paid to do, I have to explain to you why I was screaming out Al Michaels and Cris Collinsworth last night as they were mangling the NFL Rule Book. Simply put, Zack Ertz clearly made a catch when he scored the go ahead touchdown against the Patriots last night in what I consider the most entertaining Super Bowl I’ve ever watched.There actually is a compliance component here. The NFL Rule Book is more complicated than the criminal code but refs are expected to make split second decisions in front of packed stadiums and about half a billion people watching on TV.Here’s the allegedly controversial play. If you watch it you will see Ertz catches the ball, takes a step and a half and then dives into the end zone. Here how Rule 8-1-3 defines a catch: “A player who makes a catch may advance the ball. A forward pass is complete (by the offense) or intercepted (by the defense) if a player, who is inbounds: (a) secures control of the ball in his hands or arms prior to the ball touching the ground; and (b) touches the ground inbounds with both feet or with any part of his body other than his hands; and (c) maintains control of the ball after (a) and (b) have been fulfilled, until he has the ball long enough to clearly become a runner. A player has the ball long enough to become a runner when, after his second foot is on the ground, he is capable of avoiding or warding off impending contact of an opponent, tucking the ball away, turning up field, or taking additional steps.” continue reading » 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Cybersecurity: What’s your level of preparedness?

first_img 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr NCUA is using a new tool to gauge credit unions’ level of cybersecurity preparedness: The Automated Cybersecurity Examination Tool (ACET).Developed in 2017, ACET consists of an inherent risk profile and a cybersecurity maturity level, explains Wayne Trout, regional information systems officer for the agency. In 2018, NCUA will examine the 268 credit unions with more than $1 billion in assets using ACET.Trout, who addressed the CUNA Technology Council’s 5th Annual Security Summit in San Francisco, identified several of credit unions’ “least achieved baseline statements” from the cybersecurity assessments: continue reading »last_img read more

3 tough rules for finding a rebrand agency

first_imgHow important is your brand? It’s an impression of you and your financial institution. We’re talking about the essence of your credit union or community bank. Yeah, it’s pretty essential alright. And finding the right rebrand agency can be the difference between oh, meh, oops and aha!If you’ve been here before to read one of our blogs, you know our stance: A brand is not built on rate or service. The same goes for selecting a rebrand agency. You shouldn’t make your decision based on price. If you are looking to breathe fresh life into a tired brand, dig into the value proposition of the agencies under consideration.   Here are some tough rules to help you choose the right rebrand agency:Tough Rule No. 1: Find an agency that will challenge you.A lot of rebrand agencies will help you uncover your corporate values. Things like “integrity,” “fairness,” “simplicity” and “accountability” will often make the list. You may even be thinking about copying and pasting those four words and making them your own. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

NAFCU to meet with BCFP, Fed, HUD

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » NAFCU’s award-winning advocacy team is working hard to advance credit union priorities in Washington. Next week, the association has meetings scheduled with Bureau of Consumer Financial Protection Acting Director Mick Mulvaney, Federal Reserve Vice Chairman of Supervision Randal Quarles and Department of Housing and Urban Development (HUD) Secretary Ben Carson.Bureau of Consumer Financial ProtectionMonday, NAFCU’s Board of Directors, President and CEO Dan Berger, Executive Vice President of Government Affairs Carrie Hunt and Regulatory Affairs Counsel Kaley Schafer will meet with Mulvaney to discuss the bureau’s 2019 priorities and what relief credit unions would like to see.last_img read more

Former Minnesota credit union CEO pleads guilty to fraud

first_img continue reading » Former President/CEO Margurite Mary Cofell pleaded guilty to credit union fraud in U.S. District Court in Minneapolis Wednesday.She admitted to embezzling $2.5 million from the $51 million St. Francis Campus Credit Union in Little Falls, Minn., according to court records.From June 2006 through January 2014, when she was fired, the former CEO  diverted the credit union’s funds and deposited that money into her accounts, member accounts and the accounts of family members and close friends, federal prosecutors said in court documents.Her embezzlement led to the credit union’s liquidation in February 2014. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Principles over rules

first_imgWe’re taught early in our lives to follow the rules. Rules are put in place to tell us how we should behave and what expectations to have in certain situations. They put us in a mindset of right and wrong.Each organization likely has an employee handbook that outlines office rules. These are helpful in ensuring employees understand the way the company works, but they can also be inflexible and stifle employees’ autonomy.This is where the adage “rules are meant to be broken” has some truth. Along this line, leadership expert Rajshree Agarwal suggests that leaders should stress principles for office culture rather than rules: “Rules coerce behavior. Principles inspire behavior,” she writes. Here are three ways principles can drive positive results in your organization:Stay optimistic: Rules are often phrased in pessimistic ways that make it seem like employees don’t know how to behave professionally or as adults. Promoting principles in your office will motivate your team to work at their highest ability because they feel like you trust them and they have space to grow and learn. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Credit unions and their cooperative path to success

first_img 14SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Robert McGarvey A blogger and speaker, Robert McGarvey is a longtime journalist who has covered credit unions extensively, notably for Credit Union Times as well as the New York Times and TheStreet, … Web: www.mcgarvey.net Details Credit unions have a clear map to success in the marketplace and it involves one simple idea: work together.It’s not new. It’s even in the Rochdale Principles – the bedrock of the cooperative movement – where principle 6 said this: “Cooperation among cooperatives.  By working together through local, national, regional, and international structures, cooperatives improve services, bolster local economies, and deal more effectively with social and community needs.”The belief is spreading among credit union people. Jay Murray, CEO of Vizo, the corporate credit union headquartered in North Carolina with some 1200 member credit unions, leagues, and CUSOs. Murray said, “More than ever, in order to compete credit unions need to cooperate. No credit union will make it alone.”Murray pointed to the ever more treacherous competitive landscape – populated with megabanks intent on growing ever bigger, fintechs determined to grab highly profitable pieces of business, and of course many thousands of community banks – and said, “Mass collaboration is critical, to gain the scale needed to compete in this environment.”Jack M. Antonini, CEO of NACUSO, sharply added that cooperation is a unique credit union skill.  “Banks do not have the ability to collaborate as do credit unions.”As a case in point, Antonini pointed to the fee-free ATM networks found in the credit union world – Culiance is a for instance – which show how credit unions can and do cooperate to produce a result that benefits all participating credit unions and also their members.No bank can match the number of ATMs in the surcharge-free Culiance network.  Not even close. And that success is a product of the cooperative spirit.Cooperation takes different forms. Sometimes it is formal – such as the Culiance ATM network – sometimes very informal. Jennifer Oliver, CEO of a $100 million credit union in Southern California, South Bay Credit Union, told how she and three other credit unions in the region all had the same problem: they had trouble hiring and retaining competent collection staff. So they did a radical thing: the four joined together to hire one collections specialist. And it’s producing terrific results for all four, said Oliver.Just that way of sharing is catching on in credit unions, with a number of institutions sharing the same CEO and some share a Chief Technology Officer. As the discipline grows in complexity – credit unions are joining to share a skilled Bank Secrecy Act/Anti Money Laundering professional.At NACUSO, Antonini sees more sharing in the movement. He elaborated: “CUSOs bring economies of scale. CUSOs continue to grow. CUSOs are critical to the success of the industry.”And, again, CUSOs are an advantage that are on the side of credit unions.Murray said that, in his view, the backend functions – certainly a BSA specialist, a CTO, and a collections expert – are not integral to a credit union’s identity.  He said credit unions could join together to share many functions – typically enjoying lower costs and possibly attracting more experienced staff – and have no negative impact on the community’s perception of the credit union.Murray added, “Your member doesn’t ask how we process checks. It just happens.”He went on: “We are at an inflection point.  We are re-energizing the movement with principlesThis is a movement, not an industry.”Cooperation even goes beyond working with other credit unions.  Other types of organizations say they are finding success through cooperation, sometimes involving credit unions.Cabot Cheese, the large Vermont based dairy co-operative, said that its success has been greatly helped by support from credit unions and rural electric co-ops, both of which it, in turn, has sought to assist. Roberta Macdonald, a senior vice president at Cabot, said this: “Not every cooperative will welcome your suggestion that you work together – I can tell you that from bruised experiences – but many will. It’s a win-win. A member of a food co-op probably wants to use a credit union, they want to buy co-op produced food, and so on. The more they learn about this ecosystem the more they will use it because it is a style of doing business they support.”Spread the word. Cooperatives – credit unions included – are a different, better way of doing business that put people first.As Murray said, “You can’t separate yourself from the cooperative principles.”  But he also said that a credit union that wants to be better – different – will find the way there is through those principles.Which just may be the credit union shortcut to success.last_img read more