Sacred Cows and Piggy Banks

Today’s blog comes courtesy of Shari Storm, Vice President and Chief Marketing Officer of Verity Federal Credit Union. Shari is the author of the new book ‘Motherhood is the New MBA”, available here: If your job is anything like mine (marketing person for a mid-sized credit union), you are probably thinking the same thing I…

Beware of Chapter 13 Plans That Depend on HAMP Modification

By: Monette W. Cope, Esq. The bills in both the House and Senate which would have allowed bankruptcy judges to modify the terms of certain mortgages died long ago.  However, one prominent Chapter 13 bankruptcy trustee is promoting his own version of reform by promoting the use of HAMP (Homeowners Affordable Modification Program) in concert…

The Value of Chapter Meetings.

Last night, I attended the Northeast Chapter of Credit Unions meeting in Concord.  It was scholarship night and the Chapter awarded 3 $1000 awards and also had the recipients speak.  Additionally, they had a young man who has won awards as a young entrepreneur give a presentation.  I could not help but think how terrific…

The Money Tree.

As mentioned previously, I’m still wracking my brain for a credit union category killer product to take the place of lost revenue from the decline of overdraft services. I wrote the prior article as humor, but I really have been seriously trying to think of a concept that could help.  This morning, I had an epiphany.  I called a…