Five lies credit unions tell themselves

first_img 108SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Amanda Thomas Amanda is founder and president of TwoScore, a firm that channels her passion for the credit union mission and people to help credit unions under $100 million in assets reach … Web: www.twoscore.com Details What went well?What didn’t go well?What could we have done to make this better? Being a credit union is hard.  There is no arguing with that. Regulatory pressures, attracting and retaining talent, slim margins, market saturation…there are a lot of things making our job of serving members and communities so much more stressful.  There are things, however, that we tell ourselves at times that don’t do any good.  Lies, if you will. And they keep us from even getting in the game, from making sure our strategy continues to evolve, and from making the biggest impact that we can.  The five most common lies I hear from credit unions are:We are too small.  As of April 1, 2019, 71% of the industry’s credit unions are under $100 million in assets, what is considered “small credit unions.”  There are credit unions of all asset sizes absolutely killing it in member and loan growth. The difference? They got good at knowing who they are best suited to serve, have a tightly-focused marketing and outreach strategy, and they leverage the greatest asset in their toolkit – their employees.  We are too busy.  I hear you loud and clear.  You are wearing about 83 hats regardless of what position you are at the credit union.  But the beauty is that you aren’t alone. You have your own talents and strengths, as does everyone else at the credit union.  Find out what you are best at, and what you hate doing. Then go through this exercise with everyone else on your team and realign your strategy and execution based on those strengths and weaknesses.  Still have stuff left over? Hire the rest out. I’ll make a bet there is a consultant in the industry that can help you out with your needs in a cost-effective way.We don’t have a big budget.   Budget woes are no joke. But having a small budget shouldn’t preclude you from executing a strategy for growth.  It just means you might have to start smaller. And that’s ok. Starting something smaller with what you have is better than not doing anything at all.  What you can’t afford above all else is not to do anything.We can’t compete with the big banks.  Yes, banks have like 94% of the market share.  But we are not banks. We are credit unions. Cooperative financial institutions with an amazing story to tell.  Stop competing with banks on pricing and technology. We can’t win in this game because the banks have deeper pockets.  What we can win with is by telling our brand stories and using those as the connecting point with members and the communities we serve.We’ve already tried that.  You may have done a marketing campaign before that didn’t work.  But it shouldn’t preclude you from ever doing one again. Part of any program or project, regardless of area of the credit union, should always be success evaluation:center_img Just because you may have tried something in the past doesn’t mean you can’t do it better and smarter in the future.  We do have pressures against us, but I believe credit unions are vital to the financial industry.  Nearly everyone who works in a credit union believes the same, and has a heart on fire for this movement.  These lies become mantras that work against a successful future. Don’t believe them. last_img read more

Stabbing lands man in hospital

first_imgResident Jun Tinosan was recuperating at the Corazon Locsin Montelibano Memorial Regional Hospital in this city. He sustained a stab wound on the chest, a police report showed. Dela Cruz and Tinosan figured in a heated argument.However, it was not immediately established what triggered the altercation. The suspect was identified as 30-year-old Randy Dela Cruz, also a resident of the village. BACOLOD City – The hospital was where a man landed after he got stabbed in Barangay 1.center_img According to police investigators, the incident happened around 5 p.m. on June 23. The suspect was detained in the lockup cell of Police Station 1, facing charges./PNlast_img read more

MLB players reportedly want more games, no further salary cuts

first_img Newsroom GuidelinesNews TipsContact UsReport an Error Both sides would like to have a pre-season training period start in mid-June and games begin around July 4, which likely would require an agreement within the first few days of June.Although there have been some reported differences between the sides on the health and safety measures required to play amid the COVID-19 pandemic, the primary stumbling block appears to be money.Owners on Tuesday submitted an offer to the players that would reduce their salaries on a sliding scale, with the highest paid players taking the largest cuts. While players making the minimum would see their salaries cut by about 8 percent, those at the top of the scale would lose about 56 percent.Those cuts would be on top of the pro-rated losses they players have already accepted simply by virtue of playing fewer games. The current proposal of an 82-game season would leave players earning half of their normal salary for 162 games.“After discussing the latest developments with the rest of the players, there’s no reason to engage with MLB in any further compensation reductions,” Scherzer wrote. Scherzer added that MLB’s position would “completely change if all documentation were to become public information.”Players are skeptical of the owners’ contention that they would lose more money by playing than not playing if they have to pay players their full pro-rated salaries without being able to sell tickets to the games.Players will reportedly counter with an offer to play more games, up to 100 or 110. That could allow both sides to make more money if games later in the year could be played with fans.Related Articles Angels’ Shohei Ohtani spending downtime working in outfield Jose Suarez’s rocky start sinks Angels in loss to Astros A day after Max Scherzer symbolically whistled a fastball past the heads of Major League Baseball owners, there was little public indication that the two sides had gotten any closer to a deal that would allow the sport to return this summer.On Wednesday night, Scherzer, a member of the executive committee of Players’ Assn., tweeted that players saw no reason to negotiate further salary cuts, as the owners had proposed.Players instead intended to submit a proposal to the owners that would call for a return with more games, according to multiple reports.Deferrals could also be a solution that would allow the players to collect their expected salaries while allowing owners relief from the short-term cash flow issues created by games without the revenue of ticket sales.center_img Angels offense breaks out to split doubleheader with Astros Angels’ Mike Trout working on his defense, thanks to Twitter Pushing the regular season back into October and the postseason into November could risk postseason games being lost to a second wave of coronavirus. MLB generates the largest portion of its TV revenue from the postseason.One suggestion for a bridge to the differences would be deferring player salaries. It could be possible for players to still earn their full pro-rated salaries, but to have portions of that money deferred, with interest, into future seasons.The sides already agreed to defer portions of bonuses paid in the draft, which will be held next month. Angels’ poor pitching spoils an Albert Pujols milestone last_img read more

Mumbai slum uses beacons to advertise local retail market

first_imgTags:#Beacons#Dharavi#Google#IDC#IIT#India#Internet of Things#IoT#Mumbai#slums#Swansea University Follow the Puck Small Business Cybersecurity Threats and How to… A 535-acre slum in Mumbai has started using beacons to advertise local products, part of a project by Google, the Industrial Design Centre (IDC), the Indian Institute of Technology (IIT) and Swansea University to improve the slum’s retail market visibility.Dharavi is one of Asia’s largest slums, according to Ananya Bhattacharya, a writer for Quartz India, and has a manufacturing and retail sector worth around $1 billion. The slum mainly deals in leather products, pottery, jewelry, and textiles.See Also: India’s mass of small family firms could miss the IIoT revolutionThe addition of beacons in the slum allows local manufacturers and designers to compete with Amazon, Flipkart, and Snapdeal, which are starting to become more popular in the slums as more mobile users come online.Potential customers walking past will receive a notification on their mobile, showing new products, offers, and other announcements. So far, 11 of the 100 beacons supplied by Google have been used by retailers.Retailers have been provided with posters that ask consumers to turn Bluetooth on so that they can receive the notifications. A lot of mobile users in India turn off Bluetooth, as it drains battery quickly on low-end devices.Google has been investing in a variety of Asian projects aimed at bringing people online and getting them to shop. Similar to Facebook, the end goal is more people seeing ads, but in-between the investment could help the slum’s businesses become recognized as legitimate by local and regional governments. Why IoT Apps are Eating Device Interfacescenter_img David Curry Related Posts Internet of Things Makes it Easier to Steal You…last_img read more

Jeron Teng glad to see familiar face at sidelines in Altamirano

first_img“I’m so happy because coach Eric has been a mentor to me. I’ve learned a lot from him since high school and I’m glad that we could continue our partnership here in Alaska,” the 23-year-old said.Teng has had a fruitful past with Altamirano dating back to their days in the Philippine under-18 national team.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutIt is also under the veteran mentor’s guidance that the former La Salle stalwart showcased his full potential, averaging 22.15 points, 6.85 rebounds, and 5.77 assists for Flying V in the 2017 Foundation Cup, while also setting the league record for most triple-doubles at three.But Teng is aware that the PBA is a whole different ballgame, and he just feels lucky to have someone like Altamirano to guide him through the nuances of the pro game. MOST READ Japan ex-PM Nakasone who boosted ties with US dies at 101 LATEST STORIES “Coach Eric has been giving me tips on how to play here in the PBA. But I know that it’s not gonna be easy and I have to earn my playing minutes. I really have to work hard for it,” he said.Still, Teng couldn’t help but feel positive with what the future holds for the Aces this upcoming 2018 PBA season.“I’m very optimistic for our team. The coaching staff is very experienced in the PBA and Alaska is one of those top-notch organizations in this league. I expect I can really learn a lot of things here,” he said.ADVERTISEMENT Onyok Velasco see bright future for PH boxing in Olympics PLAY LIST 00:45Onyok Velasco see bright future for PH boxing in Olympics00:50Trending Articles00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City QC cops nab robbery gang leader, cohort Jeron Teng. Photo by Randolph B. Leongson/ INQUIRER.netJeron Teng wasn’t the lone Flying V Thunder who found his way in Alaska, as coach Eric Altamirano followed suit as an assistant coach for coach Alex Compton.And the fifth overall pick in the 2017 PBA couldn’t be more thankful to have a familiar face by his side as he begins this new journey in the pro league.ADVERTISEMENT CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Stronger peso trims PH debt value to P7.9 trillioncenter_img Kris Aquino ‘pretty chill about becoming irrelevant’ Jazul, Fuel Masters confident of smooth transition under Alas Kammuri turning to super typhoon less likely but possible — Pagasa Read Next Brace for potentially devastating typhoon approaching PH – NDRRMC Don’t miss out on the latest news and information. Typhoon Kammuri accelerates, gains strength en route to PH View commentslast_img read more

Pasig Chooks bows out early in Fiba 3×3 Kunshan Challenger

first_imgMOST READ The Philippine-based club team was shown the door by Liman, the third-ranked club in the world, 12-22, Saturday evening at Huaqiao International Service Business Park in Kunshan, China.With a 0-2 record, Pasig Chooks bowed out early in Pool A as Liman (2-0) and Sosnovy Bor (1-1) advanced to the knockout playoffs on Sunday that will determine the last two entries in the World Tour Chengdu Masters.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsPasig got off to a fast start after taking a 3-0 lead before the Serbian side imposed its will, going on a 14-3 blitz to put the defending Chooks-to-Go Pilipinas 3×3 President’s Cup champions away.Joshua Munzon and Taylor Statham tried to get Pasig in the thick of things but Liman simply had too much firepower with the quartet of world No. 4 Aleksandar Ratkov, No. 5 Mihailo Vasic, No. 8 Stefan Kojic, and Maksim Kovacevic in the fray. CONTRIBUTED PHOTOMANILA, Philippines—Pasig Chooks-to-Go suffered a pair of tough losses just two hours apart in its campaign in the 2019 FIBA 3X3 Kunshan Challenger.After losing to Russia’s Sosnovy Bor on a game winner, Pasig failed to regroup and got manhandled in a must-win duel.ADVERTISEMENT View comments Don’t miss out on the latest news and information. Sports Related Videospowered by AdSparcRead Next Catholic schools seek legislated pay hike, too Family of champions: Little sister Dani Ravena wins first UAAP title Cayetano: Senate, Drilon to be blamed for SEA Games mess PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krausscenter_img DA eyes importing ‘galunggong’ anew LATEST STORIES Private companies step in to help SEA Games hosting Ethel Booba twits Mocha over 2 toilets in one cubicle at SEA Games venue Duterte wants probe of SEA Games mess Two-day strike in Bicol fails to cripple transport Vasic ended the contest with a long deuce with 2:13 to spare to end Pasig’s campaign.Munzon and Statham were the only players to score for Pasig as they finished with six points each.Kojic, who scored just four points during their encounter in the Doha Masters, led the balanced Liman attack with eight.ADVERTISEMENT ‘Rebel attack’ no cause for concern-PNP, AFPlast_img read more

Touch Shorts

first_imgIn this edition, read about how to nominate for the 2012 Colley Reserve Five-A-Side Championships, all the latest from the 2011/2012 State League competition and the South Australia Heat National Touch League (NTL) fundraising events. To view the newsletter, please click on the attachment below.  Related Filestfsa_newsletter_jan_2012-pdflast_img

10 months agoLiverpool veteran Milner: Newcastle clash always exciting

first_imgAbout the authorPaul VegasShare the loveHave your say Liverpool veteran Milner: Newcastle clash always excitingby Paul Vegas10 months agoSend to a friendShare the loveLiverpool veteran James Milner is looking forward to facing Newcastle United today.Milner moved from Leeds to Newcastle in 2004 and enjoyed four years at St James’ Park, making 136 appearances across all competitions. He made no secrets about his excitement of facing his former team on Boxing Day.”It’s an exciting fixture,” he said. “The amount of goals and classic games you see. Two clubs who are very well supported so there’s always a great atmosphere at the game.”I think you always want to see your former clubs doing well. People want to see Newcastle doing well.”It’s a great football club, very well supported and when things are going well in that city, the fans get behind them and you feel that momentum everywhere you go.” last_img read more

10 months agoChelsea boss Sarri: 2-goal Hazard just like Messi, Ronaldo

first_imgAbout the authorPaul VegasShare the loveHave your say Chelsea boss Sarri: 2-goal Hazard just like Messi, Ronaldoby Paul Vegas10 months agoSend to a friendShare the loveChelsea boss Maurizio Sarri has likened Eden Hazard to Leo Messi and Cristiano Ronaldo.Hazard scored twice for victory at Watford.Sarri said, “Of course he’s very important for us but Messi is very important for Barcelona, Ronaldo is important for Juventus. “He’s a great player, he’s able to play in every position. At the moment he’s playing as a false nine and he’s able to play there.”He scored two and made two or three good assists. He’s very able to open spaces for his team-mates. He can play very well in every position.” last_img read more

Michigan State Football: Plaxico Burress Rips Nick Saban, Implies He Once Chased Money Too

first_imgA closeup of Nick Saban during a press conference.TAMPA, FL – JANUARY 09: Head coach Nick Saban of the Alabama Crimson Tide speaks during a press conference after the Clemson Tigers defeated the Alabama Crimson Tide 35-31 in the 2017 College Football Playoff National Championship Game at Raymond James Stadium on January 9, 2017 in Tampa, Florida. (Photo by Brian Blanco/Getty Images)Former Michigan State wide receiver Plaxico Burress rang in the new year with a shot at the integrity of his former college coach Nick Saban. Today, the former NFL star again took to Twitter to rip Saban. His mini-rant came after Saban made comments this morning at SEC Media Days suggesting some Alabama players played not to get hurt in their Sugar Bowl loss because they were distracted by their NFL Draft status. I recall Nick Saban telling me to stay in school finish what I started, I wasnt 1st round pick and he left for LSU b4 the season was over— Plaxico Burress (@plaxicoburress) July 15, 2015Now Nick Saban goes on tv saying that kids are distracted by NFL projections. Well, the kids are just chasing a dream that you were. $$$— Plaxico Burress (@plaxicoburress) July 15, 2015N Saban looked his players in the face at the Duf, said he wasnt leavin, I’m committed to the program” and was gone the next day. Tru story— Plaxico Burress (@plaxicoburress) July 15, 2015Now Nick Saban players are being distracted by the NFL and chasing a dream, haha tell your story Nick. LSU showed you $$, you was GONE! Ha— Plaxico Burress (@plaxicoburress) July 15, 2015Nick Saban actually told me I was a second round pick. I said, “where are you getting your info from? Are you watching these games? Hahaha— Plaxico Burress (@plaxicoburress) July 15, 2015 Well, still doesn’t look like Plax and Nick will be sharing dinner or drinks any time soon.last_img read more