comparemela.com

Latest Breaking News On - Select employee groups - Page 5 : comparemela.com

Analyzing credit unions 2019 SEG additions

Analyzing credit unions 2019 SEG additions
cuinsight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cuinsight.com Daily Mail and Mail on Sunday newspapers.

Field of membership expansion in 2020: Behind the numbers

Field of membership expansion in 2020: Behind the numbers July 2, 2021 by CUCollaborate 2020 is no doubt a year most would prefer to soon forget, yet amid so much darkness bright spots could be found within the credit union industry as many institutions found ways to strategically expand their fields of membership. In fact, the past year saw more conversions and expansions than 2019 in every category aside from Select Employee Groups (SEGs) additions. Given employment has had its ups and downs, that’s not terribly surprising. Fewer SEG Additions, More Potential Members The adding of SEGs groups that share any common bond of association or occupation is a popular tool for credit unions looking to grow their Field of Membership (FOM), and this was once more the most used tactic in 2020, being put to use by 295 institutions. The number, however, comes in significantly lower than the previous year’s total of 379, not to mention the overall average from 2015–2019 of 41

Quō vādis, credit unions? - CUInsight

Quō vādis, credit unions? 3SHARES The throughline is simply: Quō vādis? – Where are you going? In 2000 there were over 10,000 credit unions. Now there’s a smidge over 5,000. That math is brutal. But it is fact.  This is where Blaine’s insights come in. His views are ultimately optimistic because what he sees is how a credit union can win. He knows a lot about that. Blaine, who served as CEO from 1979 to 2016  of what became the nation’s second biggest credit union, grew the institution’s assets from $300 million to $33 billion. He left a strong foundation; SECU now has over $47 billion in assets.

If you re doing any of these 7 things … stop it!

If you re doing any of these 7 things … stop it!
cuinsight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cuinsight.com Daily Mail and Mail on Sunday newspapers.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.