credit union

CU RateReset Wins 2018 NACUSO Next Big Idea Contest for the Second Time

Posted by & filed under CUSOs In The News.

In the toughest competition to date, CU RateReset CEO Keith Kelly once again knocks it out of the park with his 7 minute presentation at the Next Big Idea Competition last week at the NACUSO Network Conference at the Disneyland Hotel.

Two years ago Keith won the competition with CU RateReset. This year he entered with Knocknock, a disruptive digital solution that provides bilateral interaction between the credit union and the member to deliver “just in time offers” based on real time triggers.

“This year we tied the record for the most applications for the competition with 14,” said Jack Antonini, President/CEO of NACUSO. “Every year we see this contest getting more and more competitive. Our event has become the place ‘where deals get done’ as evidenced by last year’s winner Kris Kovacs of Constellation.mi”

“There is no doubt that winning the NACUSO Next Big Idea Competition was the best way to launch the Constellation Digital Platform and our new CUSO.… Read more

NACUSO Recognizes Excellence in Collaboration at 2018 Network Conference

Posted by & filed under CUSOs In The News.

The National Association of Credit Union Services Organizations (NACUSO), the only trade association focused on growing and protecting the CUSO movement recognized four outstanding CUSOs and one innovative and collaborative credit union at the 2018 NACUSO Network Conference at the Disneyland Hotel.

NACUSO understands the importance that collaboration and innovation play in building a strong and vibrant credit union industry. The CUSO of the Year award has been in place since 1998 and has recognized such legendary CUSOs as the CO-OP Shared Branch network, CU Direct, CU*Answers, CUSO Financial Services and PSCU. Last year’s recipient was CU*NorthWest. This year’s winner is The Servion Group. The Servion Group was founded in 1987 as CU Mortgage Services, Inc., by three Minnesota credit unions – Twin City Co-ops Federal Credit Union (SPIRE Credit Union), City-County Federal Credit Union (purchased by WINGS Financial Credit Union), and NWA FCU (WINGS Financial Credit Union) – looking to offer competitive mortgage solutions to their members.… Read more

Judy, George, Jane, Elroy, Astro and Rosie

Posted by & filed under Blog.

Do those names ring a bell? If you were born in the 50’s or 60’s chances are you tuned into see the Jetsons. It debuted September 23, 1962 in prime time and was the first program broadcast in color on ABC.

The Jetsons lived in Orbit City where cars flew, homes were raised high above the ground on columns and daily life was leisurely, assisted by numerous labor-saving devices. It was cancelled after 2 seasons but went on to be part of the Saturday morning cartoon line-up as reruns where many of us laughed at the impossible world where a car would fly.

Fast forward to today. We have driverless cars being tested. 80% of homes with internet also have Smartphones where you can check into a hotel, deposit a check to your credit union, order a rideshare (Uber) pay for your coffee, you name it. My toothbrush coaches me to brush for two minutes, my FitBit tells me when I should wind down and get ready for bed.… Read more

Things You Can Still Get for a Dollar

Posted by & filed under Blog.

A dollar went a whole lot further back in the day. In fact, more than 100 years ago four cents bought what a dollar buys today. Back then a loaf of bread was a nickel and steak was $0.25 a pound.

But don’t give up on George, real value still exists for a dollar.

Here are a few things that cost a buck:

  • Your favorite song on iTunes is still $.99 but you may have to splurge $1.29 for the latest releases.
  • A Krispy Kreme glazed donut is only $.67 when purchased in a dozen. Who doesn’t enjoy a fresh Krispy Kreme?
  • The Dollar Menu at McDonalds, Burger King, or Taco Bell.
  • Beer – specifically PBR (Pabst Blue Ribbon). You can still find this hipster delight for under a buck per can.
  • Dollar Shave Club – Your first month is free plus each blade after that costs just a dollar. And their ads are amazing. 
… Read more

NACUSO Spotlight on Phil Magnuson, CEO of HomeCU

Posted by & filed under Blog.

When we get a new NACUSO member we always do a little research on them to see how we might be able to help promote them, connect them or welcome them in some unique way. When I looked at the HomeCU website I got a little misty-eyed after I clicked on the HomeCU Team page. The heading said “Meet the people who matter in our company.” And rather than having the hierarchy of the org. chart, all employees were listed in alphabetical order, including the CEO. We reached out to Phil to see if he would share his story. Enjoy, and welcome to the NACUSO family HomeCU Team!

What’s your current position and can you give me a brief overview of what it is you do in your work?

My name is Phil Magnuson.  I am the CEO of HomeCU.  I get to do everything!  Some days it is Sales, some days SW Development, some days Support, some days taking out the trash.… Read more