CU Snapshot

 2Q '09 1Q '09
# of CUs7,982 7,998
Members
(millions)
91.991.7
Total Assets
($ billions)
871.8867.4
Total Savings
($ billions)
741.8737.2
Net Cap.
/Assets
9.6%9.6%
Loans to Savings78.5%78.8%
Loan Delinq.1.60% 1.54%

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New Articles

Boomers in Denial About Retirement Savings

Older employees will feel the effects of the financial crisis

Don’t Dismiss the ATM

Cash and deposit-taking functions are vital to retain members

Housing Market Improves—Slightly

Fewer homeowners are “underwater”

Management Promotions Often Mishandled

Many organizations provide little or no transitional guidance

Steps to Recovering Lost Trust

Consumer trust is vital in good times and in bad

Be Strategic With Your Branch Hours

Hours of operation can give you a competitive advantage

Consumers Want Cell Phone Alerts

Rapid communication helps limit fraudulent transactions

No Recession in Home Remodeling

Small, practical renovations take center stage

Prepaid Cards Sometimes Loaded With Fees

The cards appeal to 80 million unbanked or underbanked consumers

Some Firms Continue to Invest in Family Benefits

Benefits include telecommuting, flextime, job-sharing, and compressed workweeks

Demand for Information Security Skills is Increasing

Security moves from support to central business function

Economy Takes a Toll on Employee Benefits

Employers are trimming programs to cut costs

Firms Take More Control Over 401(k)s

An aggressive approach attempts to secure workers’ retirement

What’s Next for Recruiting and Hiring?

More employers plan to hire rather than cut employees

Workforce Profiles