|Attendees of the 2014 Shapiro Summit, an exclusive event for small credit unions in California, pose for a group photo during the annual event.|
SHAPIRO SUMMIT PREPS CUs FOR FUTURE
updated 08/12/14 10:15 AM
Tech, Marketing, Non-Interest Income
Leaders came together last weekend in Sacramento, CA for the 2014 Shapiro Summit at a time when small credit unions face an important crossroads in technology, marketing, operational efficiency, and regulations.
To view photos, click here!
The annual event for California credit unions $50 million and under spotlighted how to stay current with the changing world of financial services as different generations of credit union members and consumers enter new stages of their lives. Baby boomers and Generations X, Y, and Z were in focus as attendees collaborated and brainstormed on how to best meet each group’s needs while surviving and thriving in a challenging economic environment.
Several participants found the answers they were looking for while engaging in group discussions on everyday issues that small credit unions face—or at the very least, they discovered nuggets of information and resources to implement at their individual credit unions. They heard from:
Tina Torres, CEO of Limoneira FCU, was the recipient of this year’s Cathy Arra Memorial Scholarship. The scholarship was created in memory of longtime Shapiro Group manager and League employee Cathy Arra, who passed away in 2011.
THE HOME EQUITY OPPORTUNITY IS BACK updated
09/29/14 11:10 AM
However, 1st Mortgage Originations Drop
Even as total real estate loans for California credit unions in the second quarter of this year matched the all-time high in late 2008, it’s a different story for the “other real estate loans” category—primarily home equity loans, which are off by 38 percent.
2014 CU STAFF COMPENSATION SURVEY updated
09/29/14 10:16 AM
Now Available—Order Yours Today
As the economy continues to push forward, credit unions need a trusted employee compensation rulebook they can consult.
PROACTIVE WAYS TO BUILD CU CHAMPIONS updated
09/29/14 10:02 AM
Building Relationships is Vital
Credit union leaders passionate about political advocacy recently met with candidates throughout California and Nevada to show the industry’s support of their campaigns, including Rep. Tony Cardenas, D-CA, Brian Sandoval, governor of Nevada, and Pat Bates, candidate for California State Senate District 36 and current fifth district county supervisor for Orange County.