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Departments Categories: Banking

Banking / Risk Management /  • November 22, 2018
Squeeze Play
Credit union must move away from the margin model - or risk irrelevancy.

In baseball, the squeeze play is when the batter bunts the ball hoping the runner from third can make it home before a defensive player sends the ball there. It’s called the squeeze play because it is a high-risk, sometimes...

Banking / Business /  • November 19, 2018
Synchronicity
Two credit unions team up to share costs and promote a new branch in downtown Halifax.

This past September in Halifax a milestone was achieved — the creation of Atlantic Canada’s first shared credit union branch. A collaboration between East Coast Credit Union (41,000 members, $700 million in assets) and Provincial Gove...

Banking / Business /  • May 8, 2018
Basel III finalisation brings regulatory relief
The accord’s revised capital requirements for mortgages are another bright spot for credit unions.

This past December, the Basel Committee on Banking Supervision (BCBS) finalised the Basel III international regulatory capital and liquidity accord with major revisions urged by the World Council of Credit Unions (WOCCU) to reduce regulatory burd...

Banking / Marketing /  • February 6, 2018
In credit unions we trust
Atlantic Canada’s credit unions market their strongest asset in a funny, fast-paced video that is engaging as well as thought provoking.

Credit unions have a unique business model and nowhere is that more apparent than in a zany media spot by Atlantic Central that turns traditional financial marketing on its head. Negligent gym spotters, eager car salesmen, distracted babysitters, dub...

Banking / Marketing /  • August 24, 2017
Prepaid Convenience
Desjardins is paying heed to millennials' affinity for innovative online financial services such as prepaid cards.

What comes next? It’s the perennial question as credit unions seek to ride the youth banking wave. That means appealing to a new generation that appreciates convenience and has little patience for banking fees. A survey released this...

Banking / Technology /  • December 22, 2016
Get schooled in FinTech
7 things to know

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Banking / Finance /  • March 24, 2016
The throwdown: TFSA vs. RRSP
How well do you know your tax shelter heavy weights?

Do you know the differences and similarities between these two types?

Banking / Technology /  • September 1, 2015
Recognition technology is taking off
#selfie before you spend? A body-parts breakdown on biometric authentication

Financial institutions and tech startups are making pin technology obsolete.

Banking / Marketing /  • Mar 2014
Time for fee-based trading?
A new wealth-management business model may help keep CUs competitive

Competing against the Big Banks has never been easy. Can expanding services and scope help CUs compete?