MADISON, Wis. (7/19/11)--The Filene Research Institute released a new research brief detailing the solutions to six fictional industry case studies presented from participants of the Credit Union Development Education (DE) Training held April 6-13 in Madison, Wis. The brief, “Credit Union Development Education Program,” is written by Filene’s Mark Meyer, CEO, and George Hofheimer, chief research officer. Meyer and Hofheimer attended the April DE training and completed the research brief as their post-training project. During the training program, participants learn lessons in cooperative principles and credit union philosophy while incorporating challenges credit unions face. In addition to group exercises and speaker presentations, training participants are required to complete and present team case studies proposing solutions for credit unions to help alleviate or eliminate challenging situations in any given area. Filene’s new research brief details the solutions put forward by participants. Included in the April DE Training were case studies on:
* Interchange income; * Mergers and small credit unions; * Plans for credit union growth; * Plans for increasing financial capability in America; * Leveraging 2012 as the “Year of the Cooperative” to promote cooperatives and credit unions; and * Credit union development in Iraq.
“If more professionals apply these concepts in their organizations, credit unions could be poised for a renaissance,” wrote Meyer and Hofheimer. The DE class of 2011 “presents novel ideas about some very realistic issues in the credit union system. While the case studies are fictional, they do represent scenarios your organization may be facing today.” To download the report, use the link. The report can also be found on filene.org or ncuf.coop. It is free to download for both Filene members and non-members.