The concept of understanding who’s earning or not earning dividends should be at the forefront of what we are doing as cooperative financial institutions to ensure that our members are getting value out of their credit union. It is great that we, as cooperative financial institutions, market that our fees and loan interest rates are […]
I was sitting in a room with nine participants from seven different credit unions across the network for our second Asterisk Intelligence week in 2018, and the audience brought up the topic of how to define an “active” member and how to define a member “in good standing”. The logical test to see if we […]
I have been constantly intrigued by the concept of exploring data resources that credit unions can act on. Part of this intrigue has led me to research how other industry professionals are using data and more importantly how are they analyzing the data for action. One of the documents that I recently read was “Almost […]
Recently, a new data warehouse was put into the hands of our Data Boot Camp participants. This new data warehouse is an exact copy of all production data as of end-of-day from the previous day. By creating a new data warehouse we are capable of not only allowing database administrators to have a new set […]
Recently, I returned from vacation in Florida and I spent a lot of time reflecting on the construction of our data business. I tried to soak in as many different opportunities for data that I encountered throughout my vacation, and there was no doubt that data was everywhere. One of my favorite encounters with data […]
Over the weekend, I got into my wife’s car as we were headed out to dinner, and her phone suddenly popped up a message that said we were 18 minutes from our friend’s house. But we were not going to our friend’s house, we were going out to dinner. Is it possible that the technology […]
Recently I stood in front of 70+ credit union CEOs to present tools that may help them and their team analyze data in new ways. We took a look at new tools for credit union board members and credit union executives to review data points about their credit unions in comparison to other data points […]