tag:blogger.com,1999:blog-8139317166065189441.comments2022-11-24T02:21:18.808-08:00Laskos on Credit UnionsWalt Laskoshttp://www.blogger.com/profile/03539605551080293088noreply@blogger.comBlogger37125tag:blogger.com,1999:blog-8139317166065189441.post-48856111411017637322022-05-09T03:46:30.963-07:002022-05-09T03:46:30.963-07:00Loved reading this tthank youLoved reading this tthank youTheresa Cookhttps://www.theresacook.com/noreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-75423209824864181372021-02-04T09:07:38.728-08:002021-02-04T09:07:38.728-08:00Great post Walt and thanks for the reference. I ha...Great post Walt and thanks for the reference. I have expanded on your thoughts as well as Sarah's as with comments like this, credit unions are at risk of becoming a financial commodity.<a href="https://cladservices.com/maintaining-fire-rated-doors/" rel="nofollow">maintaining fire rated doors</a><br />alihttps://www.blogger.com/profile/11835830755852577356noreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-82183758061152143382013-08-06T04:02:12.968-07:002013-08-06T04:02:12.968-07:00Fabulous ideas you have mentioned here regarding t...Fabulous ideas you have mentioned here regarding the credit unions. It’s really a full learning package. Keep posting such things in future.<br /><br /><br /><a href="http://www.thirdstream.ca/" rel="nofollow">Credit union marketing plan</a>Anonymoushttps://www.blogger.com/profile/04697093994317267436noreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-86268067668315049952013-07-16T02:13:26.624-07:002013-07-16T02:13:26.624-07:00Well, i don't think that credit unions courtin...Well, i don't think that credit unions courting a destiny of failure and I always like to have a read about such things, my website is related if you want to have a look round it please feel free. I have added yours to my bookmarks.<br /><br /><br /><a href="http://www.thirdstream.ca/work.cfm" rel="nofollow">Credit union efficiencies</a>Credit union marketing ideashttp://www.thirdstream.ca/noreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-91851127610762261542013-06-19T06:19:49.739-07:002013-06-19T06:19:49.739-07:00Thanks for sharing this! I've been looking at ...Thanks for sharing this! I've been looking at some <a href="http://www.mecuokc.org/" rel="nofollow">credit unions in Oklahoma City</a> because I was recommend to by a friend. Are there any prerequisites that I should know of? Anonymoushttps://www.blogger.com/profile/04651863421939072411noreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-12894595968160246912013-05-29T07:02:17.968-07:002013-05-29T07:02:17.968-07:00I just became a member of the seattle credit union...I just became a member of the <a href="https://www.harborstone.com/home/personal" rel="nofollow">seattle credit union</a> so I have been trying to lean more about the financial world. I came across your blog and found it very interesting. Great article!Anonymoushttps://www.blogger.com/profile/16450774443008411298noreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-77006896953661242972013-01-09T11:26:43.901-08:002013-01-09T11:26:43.901-08:00You and your readers may be interested in my new b...You and your readers may be interested in my new book, Development of the Modern U.S. Credit Union Movement 1970-2010.<br /><br />It explores the transformation of many American credit unions from small, limited service institutions run largely by volunteers to today's full-service, professionally staffed institutions serving more than 90 million members.<br /> <br />It chronicles the factors that have moved credit unions into the mainstream of American life. These factors include legal and regulatory developments, technological changes, new products and services, and competitive pressures.<br /><br />The 379-page book discusses the impact of these developments on credit union size, structure, and philosophy. It places credit unions in the context of the nation's major economic events and trends, from the Great Inflation of the 1970s to the S&L debacle of the 1980s to the Great Recession of late 2007-2009. Among other things, it touches on the role of credit unions in community development and African-American and feminist history. It also gives a detailed description of two historic credit union frauds -- Hyfin Credit Union and Franklin Federal Credit Union.<br /><br />I am a journalist and student of credit union history. I served as speechwriter for the leadership of the Credit Union National Association (CUNA) from 1986 to 1998. I am a certified Credit Union Development Educator (CUDE). In preparation for writing the book, I interviewed many credit union leaders and studied the extensive written record of the period. <br /><br />The book is available in softcover and e-book version from lulu.com. The e-book version can be read on the Ipad and on Barnes and Noble's Nook Reader, and on personal computers equipped with free Adobe Digital Edition or Nook software down loadable from the Web.<br /><br />Development of the Modern U.S. Credit Union Movement has won praise from early readers:<br /><br />"The best credit union history I've read." Dan Mica, president of the Credit Union National Association, 1996-2010.<br /><br />"Entertaining . . . A very fine history of the credit union movement." Wendell (Bucky) Sebastian, Executive Director, National Credit Union Foundation, former CEO of GTE Federal Credit Union, and former Executive Director, NCUA.<br /><br />"Most comprehensive and well-written account of the past 40 years of credit union development . . . Should be required reading . . ." Matt Cropp, credit union historian, author of "The Vermont Credit Union League: A Brief History."<br /><br />Paul Thompson<br />depault@peoplepc.com<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-78431437093242201702012-03-29T05:13:59.535-07:002012-03-29T05:13:59.535-07:00Please don't misunderstand my proposal. I am n...Please don't misunderstand my proposal. I am not advocating the webcast of an entire conference. What I am proposing is the webcast of a daily LIVE "roundup" which simply reports on the day's events by offering a few interviews with attendees and speakers, and shows some highlights of the various sessions and receptions.<br /><br />BTW, during my career I worked on a number of conferences at The Ritz Carlton Hotel and at a corporate credit union, and I have to say that many of them provided no opportunities to vendors.Walt Laskoshttps://www.blogger.com/profile/03539605551080293088noreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-6062857213802509542012-03-28T15:56:34.902-07:002012-03-28T15:56:34.902-07:00If everyone can watch conference sessions from the...If everyone can watch conference sessions from their desktops, they won't ever bother attending actual events. Conference organizers can't sell booths to vendors for $20K each if they have a virtual conference. It's about money. The fiscal reality is that you can't have a conference if you don't sell booths on the tradeshow floor. The only alternative is to charge attendees 5x what they are already paying.<br /><br />It's easy to misconstrue conferences as "knowledge sharing events," when in reality they are all about putting vendors in front of prospects. All the seminars and sessions? Those are the "bait" used to attract the prospects vendors seek.<br /><br />This isn't a reflection on GAC, or any other CU conference. This is the reality for all conference organizers. If someone had been able to fill the monetary hole left when conferences are held online, we'd be seeing a lot more of them.Jeffry Pilcher | The Financial Brandhttp://thefinancialbrand.comnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-71610569005980741242012-01-08T20:10:58.583-08:002012-01-08T20:10:58.583-08:00It 's good to see this un effort
i think for a...It 's good to see this un effort<br />i think for a country like India we need to launch an extensive financial literacy compaign to educate uneducated and unaware majority Indians living in slums and rural areas<br /><br />It may be encouraging to note that JANSEVA COOPERATIVE CREDIT SOCIETY----a mulitstate society with permission to operate in 12 major states of india has already planned this and the first of this kind of program is scheduled at BANGLORE on Jan 28,2012 the theme is DIMENSIONS OF FINANCIAL INCLUSION AND INTEREST FREE FINANCIAL SYSTEM<br />anybody and everybody is invited to attend, comment, cooperate and advise for effectivness of the campaign<br />dr. rahmatullah<br />chief promoter and chairman<br />email chairman@janseva.in<br /><br />www.janseva.inAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-82912431983457263552011-12-27T12:27:59.702-08:002011-12-27T12:27:59.702-08:00Many in the industry did see this coming. But bec...Many in the industry did see this coming. But because many didn't want to "rock the boat" their views were attacked and often disregarded. Others were intimidated into silence as not to create problems for a select few. Some took notice and others, that wanted to live vicariously through the wealth of the CEO's running these monoliths, just sat on the sidelines and also on the boards’ of the corporate’s in question and did nothing. <br /><br />Those that saw what was happening took action, and unfortunately have to pay for those that chose to do nothing (especially some corporate board-members lived it up, while everyone else paid). Here is your economies-of-scale argument; get more people to pay and we can have a bigger party. <br /><br />And while the corporates were a great idea (and still are), they will never regain the respect and admiration that professionals like Dick Johnson were able to obtain. Many credit unions have chosen to follow the “bankers” which in some cases promulgates an environment of “if it’s not against the law we can do it.” Well, I say, just because it’s not against the rules doesn’t make it right.<br /><br />Moving on…the corporate will become dramatically smaller. Gone are the days of the fancy retreats and Vegas forums. The business models have changed for every credit union however the “bankers” that have made their way into the credit union industry remain and some remain a continuing threat to an industry built on cooperation, sharing and ideals that are fading into the backdrop.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-51821906742449198512011-12-26T16:20:10.628-08:002011-12-26T16:20:10.628-08:00It was all a house of cards... It looked tall, unt...It was all a house of cards... It looked tall, until it all came crashing down as it was destined from the beginning to do. You don't make those kind of investments to that level and expect any other outcome... it's a matter of when it would explode, not if it would. <br /><br />The BS about no-one seeing it coming just shows how little we learned and how we will be destined to repeat the stupidity of the debacle. <br /><br />The pendulum of NCUA actions have swung from "asleep at the switch" to "over-action and elimination of any risk taking whatsoever". It's going to be much harder to make up the impact of the assessments and over-regulation going forward. <br /><br />And we still have how many years of assessments to look forward to? <br /><br />I don't see any NEW BEGINNING in 2012, just the continuation of the grind of digging out from past follies!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-46265058517953739272011-12-05T06:39:42.284-08:002011-12-05T06:39:42.284-08:00We filter our comments for cussing, personal attac...We filter our comments for cussing, personal attacks and spam. I always err on the side of approving comments and if you search "Occupy" on our site you'll find positive and negative coverage and comments on both sides responding to it.Sarah Snell Cookehttp://www.cutimes.comnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-2732944245091774262011-11-30T14:20:11.732-08:002011-11-30T14:20:11.732-08:00Sarah- Why is it that the CU Times filters their c...Sarah- Why is it that the CU Times filters their comments so that only right wing extremist points of views are heard?<br /><br />I have tried to leave heartfelt, intelligent comments several times on CU Times, and they are never approved. Is the CU Times an extremist right-wing organization?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-68468912029946591132011-11-30T14:15:59.156-08:002011-11-30T14:15:59.156-08:00http://www.guardian.co.uk/commentisfree/cifamerica...http://www.guardian.co.uk/commentisfree/cifamerica/2011/nov/25/shocking-truth-about-crackdown-occupy?newsfeed=trueAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-16297623429503645952011-11-30T12:06:13.593-08:002011-11-30T12:06:13.593-08:00Peggy and Walt, I hear your concerns about RAH FCU...Peggy and Walt, I hear your concerns about RAH FCU CEO's comments and journalistic integrity. The reason we decided to publish this piece was because we ran several articles making nice with Occupy and felt reporting on someone with the opposite point of view helped balance our overall coverage. To your point, Walt, Occupy itself is very partisan and this CEO's point of view is too-just the other side of the norm. I think your 'tabloid' accusation is yours to have even if I don't agree. That's democracy. Respectfully always, SarahSarah Snell Cookehttp://www.cutimes.comnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-7716717538818195792011-11-30T11:43:45.885-08:002011-11-30T11:43:45.885-08:00I agree with you, Walt, I could not believe it whe...I agree with you, Walt, I could not believe it when I read this article. I am proud to work at a credit union, and could never imagine my CEO putting the CU movement and our CU specifically in that situation. Mooney's opinions will be taken to be the official position of her CU. I don't see a retraction on the RAH FCU website. I would be humiliated to be an employee of RAH. The Board should remove her immediately.<br /><br />Peggy C., VirginiaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-19013071971260968022011-10-19T07:40:27.503-07:002011-10-19T07:40:27.503-07:00Walt,
You are absolutely correct. Now is the time...Walt,<br /><br />You are absolutely correct. Now is the time to leverage the cooperative principles of credit unions. The sad reality is most credit unions spend little resources educating their members about credit union principles. We need to differentiate ourselves from the big banks. Emphasizing our cooperative roots is one way to do so.<br /><br />MarkMark Arnoldhttp://www.markarnold.comnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-87289828940733729022011-10-17T07:08:23.039-07:002011-10-17T07:08:23.039-07:00I think this ideas are very fantastic. I think you...I think this ideas are very fantastic. I think you should not just make it suggestive, but impress it on the national apex bodies to achieve the desired impact.<br />Theo Effah<br />Ghanatheoeffahhttps://www.blogger.com/profile/00515453076735228378noreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-53775455819275050972011-06-30T08:44:54.760-07:002011-06-30T08:44:54.760-07:00Thanks, Mark. Another perspective to "telling...Thanks, Mark. Another perspective to "telling your story" is the hope that it will also inspire others to emulate the good work you are doing by picking up the yoke and doing the same. How you tell your story determines whether it is boasting or inspiring!Walt Laskoshttps://www.blogger.com/profile/03539605551080293088noreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-56701454562043475462011-06-30T07:51:34.200-07:002011-06-30T07:51:34.200-07:00Walt,
Story telling is a lost art form today. So ...Walt,<br /><br />Story telling is a lost art form today. So you are spot on: credit unions must tell their stories. It is not self serving: it's smart. Public relations is simply doing good and telling others about it. Credit unions are absolutely "doing the good" part. Now they just need to tell others. So your "you have to tell your story" is spot on.Mark Arnoldhttp://www.markarnold.comnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-8048647411946081752011-05-25T05:47:11.021-07:002011-05-25T05:47:11.021-07:00Walt,
Thanks for sharing your insights and your p...Walt,<br /><br />Thanks for sharing your insights and your passions. I love how committed you are to the credit union movement and philosophy. It is extremely hard for credit unions to compete by themselves on technology innovations. However, working together credit unions can develop some amazing things to keep ahead of the technology curve. As a movement, we must work together on technology (or we will die alone).Mark Arnoldhttp://www.markarnold.comnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-23995532773621491042011-02-10T15:56:03.934-08:002011-02-10T15:56:03.934-08:00Might I call your attention to the League of South...Might I call your attention to the League of Southeastern Credit Unions and their very impressive use of online videos for member education and information. <br /><br />http://www.lscu.coop/Communication-Press-Room/Video <br /><br />This is what we're talking about!!Walt Laskoshttps://www.blogger.com/profile/03539605551080293088noreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-75364496666985890562011-01-27T09:16:37.425-08:002011-01-27T09:16:37.425-08:00Happy New Year to all who embrace the cooperative ...Happy New Year to all who embrace the cooperative principles. The mandatory level of financial literacy expected among the directors will depend upon the complexity of each individual credit union’s balance sheet.Bad Credit Loanhttp://www.poorcreditloanonline.comnoreply@blogger.comtag:blogger.com,1999:blog-8139317166065189441.post-40946642462015829442010-12-14T18:11:12.306-08:002010-12-14T18:11:12.306-08:00Volume of customer may translate to actual returns...Volume of customer may translate to actual returns but you have to be selective when it comes to approval and sufficient cash flow cycle as well.verified by visahttp://www.gatewaypay.com/noreply@blogger.com