Posts By: Denise Wymore

Financial Services Veteran to Lead PSCU’s Advisors Plus Consulting Team

Glynn Frechette to accelerate track record of helping credit unions grow

St. Petersburg, Fla. ­ (April 25, 2017) ­ PSCU has announced that Glynn Frechette has been named SVP of Advisors Plus, PSCU¹s division of strategic consultants and marketing experts. Frechette will lead the team to further develop Advisors Plus’ consulting and marketing assets. PSCU Owners that utilize Advisors Plus outperform credit unions in multiple areas, when compared with those that do not.

During the 2016 holiday period, PSCU credit unions that opted for continuous consultative and campaign support from Advisors Plus netted an average incremental spend per account of 16 percent more than card programs not benefiting from Advisors Plus support. This indicates the value and importance of actively managing card programs, which can double the incremental growth effect of a high-spending period.

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CU*NorthWest Wins NACUSO 2017 CUSO of the Year Award

LIBERTY LAKE, WA – April 24, 2017

CU*NorthWest, a 100% credit union-owned cooperative CUSO, was recently honored by NACUSO as the recipient of the 2017 CUSO of the Year award. The award was presented to CU*NorthWest at the 2017 NACUSO Network Conference held in Orlando on April 12th. The award is given to CUSOs that best demonstrate thought leadership, innovation in organization design, value created through collaboration, and a proven track record of positive results.

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CSCU’s Tom Davis to Speak at Card Forum 2017

Special Credit Union Summit to Target 100 Credit Union Representatives

CSCUTAMPA, Fla. (April 19, 2017) Fresh on the heels of a very insightful panel presentation and relevant breakout discussions at the CSCU 2017 Annual Conference, Tom Davis will now delve into the future of cards and payments at Card Forum 2017. Davis, the SVP for Finance & Technology at CSCU, will be joined by CU member representative, Charlotte Norton, SVP Central Operations at Texas-based Randolph-Brooks FCU to provide tangible insights on how CUs can prepare now for the future of payments.

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PSCU Becomes First CUSO to Engage with Mastercard Start Path Global

CUSO aligns with financial technology startups to develop next generation solutions

St. Petersburg, FL (April 20, 2017) ­ PSCU, the nation’s leading credit union service organization (CUSO), has announced a partnership with Mastercard Start Path Global, Mastercard’s program supporting later-stage startups that are reshaping the future of commerce. Fintech companies are businesses that leverage new technology to create new and improved financial services for both businesses and consumers. They are typically startups with the ability to rapidly develop and deliver scalable and engaging new tools, characteristics that financial services organizations value in partnerships that can help them compete more nimbly and effectively in their markets.

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What’s the Doughboy Afraid of?

How many of you remember the fight of the century?  It was Haagen-Dazs v. Ben & Jerry’s in 1984.  Okay, maybe not Ali vs. Liston, but in the business world it was comparable.

It was a classic David vs. Goliath tale.  In 1978, two young hippies, Ben and Jerry, started an ice-cream shop in a renovated gas station in Vermont.  By 1980, the popularity of their ice cream made them dream bigger and by 1984, they had grown the business to $4 million in sales.  Independent ice cream distributors started selling Ben & Jerry’s in big grocery stores in Boston.  And that’s how the fight started.

“That year, Haagen-Dazs, owned at the time by Pillsbury, had enough of our upstart small business,” said Ben Cohen, co-founder in a special CNN story in 2011.  “Did they try to promote their ice cream harder, develop some new flavors or cut prices to competitively beat us?

No.  Their game plan was to try to stop our distributors from carrying our ice cream.  Pillsbury, a $4 billion corporation back then, was a major source of income for these distributors and they were told, in no uncertain terms, not to do business with Ben & Jerry’s.”

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