Introducing Numbers
Welcome to Numbers, CU Innovators call report data solution. While the NCUA has been providing call report data for many years, it has always been structured in such a way that makes it problematic to use unless you were a database administrator. There are a few others solutions available to the enterprising user, but none [...]
Read moreMica and Leggett to form new consulting company
Dan Mica and Keith Leggett have announced today that they will be forming a new consulting company to assist credit unions and banks with strategic planning and political efforts. Dan Mica announced his retirement plans in late 2009, but has been tight lipped about his destination until now. As a former Congressmen, Mica has very unique insight into [...]
Read moreBeer Summit Part 3
Back in December, Keith Leggett posted an article on his blog, Credit Union Watch, about non-member business lending. To summarize the post: The reporter was shocked that credit unions were funding business loans to nonmembers, as this seems to contradict the raison d’etre for credit unions as membership organizations. He then stated a few statistics from [...]
Read moreMembers in Nevada and California hit hard by economy
As I was neck deep in NCUA reports this week, I noticed a few interesting things about the state of delinquency in CU’s. Not too surprising, but the state with the credit unions that have been the hardest hit by this recession has been Nevada. Nevada credit unions, on average, have a reportable DQ (accounts over [...]
Read moreCredit unions need their head in the clouds
Cloud computing is the wave of the future for all things data related. Amazon started it with EC2 and S3. Microsoft is in it. Salesforce is doing it too. Credit unions are just starting to realize the benefits of virtualization and as more CU’s struggle with income generation, expense control, and capital expenditures, virtualization is [...]
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