Submitted by J. Keith Hughey, senior consultant at John M. Floyd & Associates
As we start another year of continued uncertainty regarding interest rates, sluggish loan activity, regulatory action and competition from non-traditional financial service providers, many credit unions continue searching for ways to generate revenue to maintain stability and create growth opportunities for next year.
In observance of Martin Luther King Day, the Heartland Credit Union Association (HCUA), iVia Exchange Services, Expandachek, Kansas Corporate Credit Union (KCCU) and Heartland Businesses Services will be closed on Monday, January 18, 2016.
Regular business hours will resume for all offices on Tuesday, January 19.
CUNA Mutual Group has significantly upgraded its popular BenefitsForYou.com retirement planning website, offering additional guidance and tools for plan participants and sponsors to successfully manage their retirement plans.
Even the steady consumer loan growth in recent years probably still can’t erase the conservative lending mindset most credit unions adopted in the wake of the Great Recession. “Subprime” still has an ominous connotation, spilling over from the mortgage side.
Heavy rainfall over the past week has caused rare winter flooding throughout Missouri, which has led Governor Jay Nixon to declare a state of emergency. Flooding has affected a number of credit unions, their members and their communities.
The New Year will mark the beginning of a new Association for Kansas and Missouri credit unions – and the staff of Heartland Credit Union Association is excited for 2016!
In observance of the Christmas and New Year's holidays, Missouri Credit Union Association (MCUA), iVia Exchange Services, Heartland Business Services and Kansas Corporate Credit Union (KCCU) will follow the holiday hours listed below:
