fi-linx

I went to Iron Man this weekend with a goody buddy from work and his 5 year old son.  As I’m writing this, another co-worker came up and asked me if I had seen it.  He and his son went to the movie this weekend as well!  It was a great movie and very entertaining.  [...]

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I stumbled across this MasterCard press release today about their new debit processing platform.  Low and behold, Security Service FCU will be the first FI to use the new product.  I just love seeing credit unions being first adopters with nationally recognized companies implementing a product of this scope.  Now I can’t wait to see [...]

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Driving up to Lacey, WA for the Super Bowl yesterday, my mind wandered over work, as usual, and I began thinking about the massive amounts of capital that CU’s have laying around.  Deposit Reclassification’s main job is to free up non-interest earning assets and turn them into income generators for the CU or bank.  If [...]

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Hotels compete for business.  Credit unions compete for their members’ business.  Why is it that Expedia has been able to setup connections with most airlines and a bunch of hotels and book everything as one big package?  What if you had a CU service like Expedia that was able to setup accounts at CU’s across [...]

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This article from creditunions.com caught my attention this morning: 340 CUs Differentiate with Bonus Dividend.  That’s roughly 5% of the industry.  So what’s the cutoff?  10% of an industry doing something before it is mainstream?  340 just struck me as a lot credit unions do it to be differentiated.  Granted it does greatly differentiate CU’s [...]

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Most of you have probably heard of OLPC, or One Laptop per Child.  I stumbled over their "promotion" this morning that is running until the end of the month,  Give 1, Get 1.  You pay $399 and you are buying one laptop for a child in a developing nation and one for yourself as well.  [...]

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