Case Study: The Navy Credit Union

We appreciate your thoughtful message requesting that Fox Federal Credit Union create a program to reimburse the costs of college expenses such as tuition and books for employees taking college courses.

First South Credit Union is the business that I chose to perform a risk identification analysis on. First South Financial Credit Union serves the entire Mid South community. In order to be eligible for membership you must live, work, worship or attend school in any of the following areas, Memphis Metropolitan Statistical Area (MSA), Dyer County, Madison County, and North Nashville. First South Financial was founded in 1957. It was originally established to serve the personnel on the Naval base in Millington, they have grown into one of the strongest and safest financial institutions in the entire nation, according to all independent rating agencies. They have locations throughout the Mid South along with a full suite of electronic products

Ever since the Consumer Financial Protection agency was born under Dodd-Frank , Senator Elizabeth Warren has been a advocate for Financial reform. Warren has advocated breaking up larger banks, so American does not fall into the "to big to fail" trap again. America should not be in a position, that citizens have to bail them out of a finantual disaster that they created. Warren wants jail time for presidents and managers that abuse the system. No more slap on the wrist for these white collor crimes, is Warren's motto.

In the year eighteen fifty-two, two men by the names of Henry Wells and William Fargo chose to establish a monetary administrations organization that we know today to be Wells Fargo (Wells Fargo, 2017). Before establishing the organization, Mr. Wells and Mr. Fargo chose to ground their organization in five standards which turned into their five essential esteems. Their first esteem being "individuals as an aggressive esteem" which implies an association with a colleague will prompt a superior association with the clients. Second "morals" Wells Fargo prides its self on being a straightforward organization and having nothing to cover up. Third, "what's ideal for the clients" as indicated by the Wells Fargo Website this esteem is characterized as ensuring clients' private data (Wells Fargo, 2017). The fourth esteem is "assorted variety and incorporation" which implies Wells Fargo advances the enhancement of its organization and customers while including pioneers all through the organization to decide. The last guideline is "administration" which implies learning and serving their vision.

Environmental factors can increase risk for injury for either young or elderly. Home safety is a concern for Sallie Mae Fisher. Subjective data revealed that she is 82 years old, and lives alone with very little support from her daughter due to her daughter’s busy schedule. In the video, Sallie’s home pose a high risk for injury. Her Sofa was low, and cluttered with papers and books, so also was her center table. There was no enough room between the table and the sofa, also her loose fitting shoes almost made her tripped on the on the non-skid floor mat on her way to open the door for the home health nurse. Potential for injury is defined as “a state in which the individual is at risk of injury as a result of environmental conditions interacting

Kiting could involve collusion between account holders at different financial institutions. An example is a husband and wife who have checking accounts at different institutions (e.g., a credit union and a bank). While the accounts at both institutions may be titled in both names, the checks on one account might only contain the husband’s name and the checks on the other account might only contain the wife’s name. Tellers should be aware of this when evaluating kiting symptoms.

While Golden 1 Credit Union is having $10.2 Billion in assets and 791,570 members in its reach, chief marketing officer Douglas Aguiar views social media as a means to carry the Golden 1 brand personality and to know the mind-set of the members and community.

Becoming a member of a credit union is easier than you may think because they are not set up as a bank, but are non-profit instead. Qualifications easily include whether you live, work or attend functions located in the same town where the credit union or one of its branches exists. You can start the process of becoming a Credit Union member by applying online, and then visit the location in person for final verification purposes.

One of the major issues the union is dealing with is the steady decline in union membership which is occurring mainly in the private sector. Another major issue that they are dealing with is the rise in income inequality. The current low-wage and part-time job market has led to dangerous work and inequality. Unifor has submitted its written recommendations for Bill 148 which will be used to take important steps to address the gaps that represent so much of today’s workplace.

AmeriCorps is the first opportunity that I’ve encountered that will allows me to incorporate both my community services volunteering experiences and my career passions. I have experiences in community outreach and engagement by being a program coordinator and I have healthcare experiences through my services in the hospital playroom. Yet, my career passion is to combine the two and work with the community on health issues and concerns that underserved and underrepresented populations have in regards to community health. With the AmeriCorps program, I am able used the skills and knowledge that I’ve gained from my experiences and turn them into a real setting and make an impact on the lives of the community.

he Gramm-Leach-Bliley Act, which is implemented by Regulation P, requires credit unions to provide their members with initial and annual privacy notices that inform members about the sharing of nonpublic personal information with third parties. The notices required by Regulation P must be clear and conspicuous, and disclose, in detail, the institution 's privacy policies. In addition to the annual privacy notice, credit unions are also required to inform members of their right to opt-out of the sharing of nonpublic personal information with certain types of third parties.

Investing in residential real estate is a great way to earn extra money. It can create buffer income. However, no matter the reason you are thinking of investing in a residential property, it is always best to secure financing for it.

Upon reading your post of this week’s discussion on the negative outcomes at Affinity Credit Union, I also pointed out two of the three of your selected outcomes. The one which I didn’t address was the training and that was due to lack of information within the case study, reference the timing incoming calls and the offering of better lending rates. I agree if there would have been clear policy guidelines all customers would get an approval of a lending rate based on a set guideline instead of employees being empower to make fluctuating lending rates. By empowering employees to make decisions on establishing a loan rate for members could possibly create even more negative outcomes for the credit union due to some members receiving better rates

The Veterans Administration (VA) has taken steps to help alleviate the situation of severe backlogs in their health care system. The VA has implemented programs to help ensure that veterans experiencing urgent mental health needs will be able to attain same day services (p. 18, Philpott).

The American Express company also known as Amex, it is an American multinational corporation. The company was eventually started as an express mail business in Buffalo, New York. It was formed as a joint stock corporation through the merger of express companies owned by Henry Wells( Wells Company), William G. Fargo (Livingston, Fargo and company)and John Warren Butterfield (Wells, Butterfield and company).