Sunday, December 19, 2010

CU Chat Up - Why are CUs Afraid of Giving Out Credit Cards?

This week on CU Chat Up, Rex Johnson from Lending Solutions will be on the show to talk about credit card programs. In particular, we will be discussing how credit cards are the most profitable lending product for credit unions, but many credit unions are afraid to give out cards. Why is that? 

Tune in live on Wednesday, December 22nd at 2 pm CT or listen to the archived version afterwards. Here is the link to the show: 


Do you have questions on this topic for Rex? Please post them in the comments. 

Also, if you want to participate in the discussion, you can join the live chat room at 2 pm CT. You can register for an account that enables you to join the chat at Blogtalkradio. Look forward to having you join the conversation!


Wednesday, December 1, 2010

CU Chat Up - Delving into Reward Checking Accounts


CU Chat Up returned today with a follow-up to the last show, The Sustainability of Rewards Checking. Brady Walen from Market Insights returned and Greg Wempe from BancVue joined the conversation to discuss the experiences of their 1500 reward checking clients.


We discussed what is required for reward checking accounts to remain sustainable, profitability of the accounts, what a member with a reward account looks like, branding implications, and even what financial institutions should not offer a reward checking account.

If you have ever thought about offering a reward checking account or currently offer one, you should listen to the show.

What are your thoughts or questions about reward checking accounts? Share your thoughts in the comments for an opportunity to win a $100 iTunes gift card from BancVue.  

You must use your name in comments to qualify. Winner will be selected from all reward checking related comments on Friday, December 10th.




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