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People profiles, HR, marketing, infographics — it's all here. Read our regular sections published in Enterprise magazine

Economics / Technology /  • April 11, 2019
The landscape ahead
Credit unions in the 21st century will be greatly affected by emerging socioeconomic and technology trends.

Earlier this year, the Filene Research Institute, a Madison, Wis.-based credit union and consumer-finance think tank, released a report titled The Credit Union of the Twenty-First Century. Comprehensively researched, the report looks at a ...

Human Interest /  • April 5, 2019
Peace of mind
The idea that practicing “mindfulness” can lead to more focused and collaborative workers is just beginning to catch on at credit unions.

Search "mindfulness" on the Internet and you get a flood of definitions, almost all of them about how an individual can find peace and calm in a harried world. But a University of British Columbia research group has stepped back and examined how this...

Banking / Education /  • March 29, 2019
On the ball
A partnership with the Detroit Lions headlines WFCU Credit Union’s star-studded new community engagement program.

"And when the Blue and Silver wave, stand and cheer the brave!” The rousing fight song of the NFL’s Detroit Lions is well known to thousands of Windsorites, who live just across the bridge from the Motor City. Now, Windsor Family Credit Union (41...

Business / Human Interest /  • March 14, 2019
Eggtraordinary
Coast Capital Savings Credit Union member and egg producer Steve Easterbrook fought for humane living conditions for chickens in British Columbia.

Have you bought a dozen eggs lately? If so, you might have noticed that the choices - free run, free range, pastured, cage free, furnished cage, nest laid, organic, humanely raised and many combinations thereof — are vast and confusing. ...

Banking / Business /  • February 27, 2019
Commercial break
Enhancing a credit union’s bottom line by growing its commercial mortgage lending portfolio takes preparation and staff training.

Increased regulatory oversight, heightened competition, margin pressures and the relentless need to drive profitability — does this sound familiar? Such credit union challenges are driving the need to consider new and innovative product and service...

Banking / Technology /  • February 5, 2019
Virtual teller
Alexa, Amazon’s voice-based virtual assistant, the latest technological advance in banking convenience, is undergoing testing by Canadian credit unions.

Two Canadian credit unions are testing a system that lets their members do their banking through Alexa, Amazon’s voice-based virtual assistant. The technology comes by way of Central 1 Credit Union, which developed it in collaborati...

Economics /  • January 31, 2019
Real estate trends for 2019
This coming year will see higher interest rates and real estate prices as well as the development of more imaginative home layouts accessorized with smart technology.

In the rapidly changing Canadian real estate landscape, new homeowners as well as the real estate industry are in for big changes this year, according to a study, titled Emerging Trends in Canadian Real Estate, released this past fall by Pri...

Business / Human Interest /  • January 25, 2019
Seniors wanted
In Canada, more people over the age of 65 are choosing to work part or even full-time. Can senior workers still be valuable employees for credit unions?

Last fall, Tochi Sandhu celebrated his 78th birthday. The auspicious event wasn’t — unlike many people who have reached this age — a break from the mundane routine of retirement. Rather, it was another notch in a remarkable career: Sa...

Business / Leadership /  • January 11, 2019
Clear focus
Of the many challenges Guy Cormier has faced since becoming Desjardins CEO in 2016, none has been thornier than the decision whether to invest — or not — in the controversial Trans Mountain pipeline. Although Desjardins backed down from divestment, Cormier pledges that fossil fuels will be on the financial chopping block in future.

Of all the moral quandaries Guy Cormier has faced since becoming president and CEO of Desjardins Group (seven million-plus members, $295 billion in assets) in 2016, the question of whether or not to fund energy pipeline projects was probably on...

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...

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