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News Now

CU System
Market events boost economic forum registrations
PLANO, Texas (10/3/08)--Credit unions appear to be looking for strategic guidance due to financial market turmoil, according to Southwest Corporate FCU’s early registration figures for its 2008 Economic Forum. The forum has a 13% increase over last year. The theme for the forum Oct. 28-29 in Dallas is “Looking Beyond the Horizon.” Speakers will address political implications for the economy under a new U.S. president. Other topics include: emerging trends in technology, the impact of developing authentic member service relationships, effects of high energy costs, global economic factors, demographic patterns, observations from Wall Street and the latest credit union statistics. “The market events for the last few months are unprecedented,” said John Cassidy, Southwest Corporate president/CEO. “Credit unions want to know what they can do to increase their insulation from these events, and the boldest ones want to know if it’s possible to grow in this environment. “The Economic Forum and our two bonus seminars give credit unions the ability to draw from the perspectives of up to 20 different financial experts under one roof in less than three days,” he continued. Registration for the Financial Management Sequence, which occurs the day before the forum begins, has already surpassed last year’s attendance. Southwest Corporate also added a new seminar on member business services, for which registration is nearing capacity. The Financial Management Sequence will address what to expect in the markets and industry, the outlook for mortgage and consumer loans, investment and liquidity strategies, and core operating trends. The new Member Business Services Sequence will provide credit unions with an overview of options available and what to consider in launching and supporting a member business services program. Considerations include strategy development, automated clearing house and Treasury services, remote deposit, lending and marketing. For more information, use the link.
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