Archive for meltdown

Credit Unions, Welcome to the Financial Crisis

March 22nd, 2009

Before last Friday, credit unions had remained fairly immune to the fallout from the financial meltdown. But with the implosion of U.S. Central and WesCorp,

AIG’s Security Tips for Surviving an Angry Mob

March 20th, 2009

An AIG corporate security memo, leaked to Gawker, advises employees on how not to fall victim to the populist horde calling for their heads. Click

Massive Bank Failures Must Be on the Way

March 09th, 2009

$500 billion FDIC bailout forebodes massive failures Late last week, the U.S. Senate proposed to allow the FDIC to borrow as much as $500 billion

Notably Quotable: Reflections on the Economic Crisis

February 23rd, 2009

“The public doesn’t understand how the system works, so we look for things we do understand, like banks not making loans and people spending money

Big Bank Bonuses Are the Wrong Thing to Worry About

February 04th, 2009

Right now, there is much debate about how much banking executives should or shouldn’t make. Is $1 million too much? Is $500,000 fair? What about

Your Deposits Are Up… So What?

January 14th, 2009

“Deposits are the lifeblood of banks.” – Bob Chapman, President Bank of the James These days, you hear about a lot of financial institutions seeing

Meltdown Marketing: 3 Things Credit Unions Must Do

December 05th, 2008

No matter how the financial rescue plan unfolds, the financial industry as a whole will not go back to the way it was. This challenging

Financial Services Ad Spending Drops 10% in 2008

December 04th, 2008

Nielsen just released its ad spending data comparing the first three quarters of 2008 to 2007. In the financial industry, advertisers have already made significant

Headlines and stories related to the financial meltdown

November 17th, 2008

Here are recent stories of interest from around the web. Click on the hotlinked headlines to read more. Schiff predicts every aspect of today’s meltdown

When will the media’s infatuation with credit unions end?

November 06th, 2008

Before September 2008, you would almost never see a story about credit unions anywhere in the news. For decades, the mainstream media essentially ignored this

Meltdown Marketing: Ads from October

November 04th, 2008

October 2008 was one of the roughest ever for the financial industry. Now that October has passed (and thankfully so), let’s take a minute to

Got money to lend? Tell the world and get free press

October 23rd, 2008

Everyone’s hearing about how “money is tight” and we’re in the middle of a severe credit crunch. So if you’ve got money to lend, tell

Putting the good press about credit unions to work

October 21st, 2008

Here’s an example of how one credit union, Sharonview FCU, is utilizing all the good press credit unions have been getting lately. They took snippets

Check these stories out

October 17th, 2008

Here are recent stories of interest from around the web. Click on the hotlinks to read the full story. Size Matters: In banking, small is

Check these stories out

October 13th, 2008

Here are recent stories of interest from around the web. Click on the hotlinks to read the full story. A Failure to Communicate: Survey says

As if credit unions need another reminder…

October 09th, 2008

Need more proof that existing market conditions are creating an optimal environment for credit unions to flourish? Here it is. “As banks struggle, credit unions