Banking Wire articles from April 2008

Banking Wire archives from April 2008

A Lesson In How To 'Xceed' Is Planned For Grow Show.
April 1, 2008... EL SEGUNDO, Calif. -- When Teresa Freeborn discusses developing a new business model at the Credit Union Journals Grow Show, she will be speaking from practical and current experience. Thats because the president and CEO of Xerox Federal...

Now In The Market.
April 1, 2008... Self-Healing ATMs Make Debut DAYTON, OhioNCR has begun offering an ATM that conducts minor repairs to itself, saving owners on maintenance and down time. The company said when a problem arises for one of its SelfServ ATMs, the machine will...

Iowa CUs In Pilot Of Remittances As Means Of Attracting Hispanics.
April 1, 2008... WEST DES MOINES, Iowa -- Three credit unions in Iowa are participating in a pilot program to determine the effectiveness of remittances to attract Hispanic members. The one-year study led by the Iowa Credit Union League (ICUL) and World...

Never Again? For The Sake Of Credit Unions, Let's Hope Not.
April 1, 2008... After the long, difficult build up, the news came with sudden, short notice. President Clinton would be signing the Credit Union Membership Act on a Friday, just days away. The news had come as a surprise to everyone, including the trade...

Calendar.(Conference news)(Calendar)
April 1, 2008... MARCH March 9-14 CUNA Collections and Bankruptcy School: Introduction, Catamaran Resort Hotel, San Diego. For info: 800-356-9655, ext.4249 or www.training.cuna.org. March 11-14 CUES School of Sales & Service, Loews, New...

When The Going Gets Tough, Act Counter-Intuitively: In Difficult Times, The Working Class Gives More. Here's Why You Should, Too.
April 1, 2008... When the economy struggles, the charitable world collectively shivers. Investment returns from endowments shrink, reducing foundations ability to make grants and provide needed programs. Corporate giving takes a hit as budgets are scrutinized....

Why CU Vendors Deserve A Little Loving Sometimes.
April 1, 2008... I dedicate this article to all the vendors that choose to focus on credit unions. Like cheerleaders in the stands, they come to our events. They never miss chapter meetings or an opportunity to show their support of the causes we care...

What Is 'High-Performing' CU? Study Seeks To Offer Answers.
April 1, 2008... MADISON, Wis. -- Measuring a credit unions performance against another high-performing credit union raises a difficult question: what is a high-performing CU? Seeking to answer what exactly high-performing means can vary amid the wide...

Group Has 'Reality Check' On Homeowners And Mortgages.
April 1, 2008... SILVER SPRING, Md. -- A Reality Check related to mortgages is proving to be just that. The National Foundation for Credit Counseling (NFCC) is reporting troubling findings from an online diagnostic tool it calls Mortgage Reality Check...

CUJ Q&A: NCUA Chairman Discusses Recent Mortgage-Related CU Turmoil, Losses Other Issues.
April 1, 2008... ALEXANDRIA, Va. -- Extensive losses by some credit unions have led to conservatorships, NCUA management, and ultimately, losses to the National Credit Union Share Insurance Fund. NCUA Chairman Joann Johnson, below, tells Credit Union Journal...

Now In The Market.
April 1, 2008... CO-OP, CU24 Into Walgreens RANCHO CUCAMONGA, Calif.uCO-OP Financial Services announced an expansion of its ATM network to include 631 ATMs in Florida Walgreens pharmacies. Under the deal, Walgreens ATMs will be stickered with the CO-OP...

Dissident Members Call For Investigation Of Conversion Vote At Beehive CU.
April 2, 2008... SALT LAKE CITY -- Members of Beehive Credit Union may have voted to convert to a bank charter, but some are crying foul and vowing to continue scrutinizing what they say are manipulations. According to a statement on the Beehive CU website,...

Buzz Kill At Other Beehive FCU.
April 2, 2008... REXBURG, Idaho -- The sky is not falling; the credit union is not converting to a bank. That is the message Shane Berger, president of Beehive FCU here, is trying to get out as news of the looming conversion to a bank by Beehive Credit...

The Task Force's 12 Recommendations.
April 2, 2008... ALEXANDRIA, Va. -- The National Credit Union Administrations (NCUA) Outreach Task Force provided to the NCUA board 12 recommendations: 1) Collect membership profile data through the AIRES examination process; 2) Collect financial...

Town Would Stymie CU Branches.
April 2, 2008... BELMONT, Mass. -- A proposed zoning amendment would make it much more difficult, if not impossible, for credit unions and banks to open a new branch in this Boston suburb. The amendment would require financial institutions to apply for a...

CU Pays For New SEG Referrals.
April 2, 2008... SCRANTON, Penn. -- NET FCU is paying members who help it add select employee groups. The credit union will pay $50 for referral of a new SEG of up to 100 employees that joins, and $100 for SEGs larger than that. In addition, the contact person...

Patelco, Mission Join Forces.
April 2, 2008... SAN FRANCISCO -- Patelco CU is opening a new shared branch in conjunction with Mission SF FCU in the center of the low-income Mission District. The branch will house the community development credit union, its non-profit affiliate, Mission...

Utah CUs, Banks Reach Compromise.
April 2, 2008... SALT LAKE CITY -- Representatives for credit unions last week reached a deal with banks on compromise legislation that would ease restrictions on member business loans for state chartered credit unions. The bill would: eliminate the current...

The Generation Map: Variety Of Initiatives Seek To Capture Youth For CUs.
April 2, 2008... ST.PETERSBURG, Fla. -- Have you created your avatar yet? Chances are that if youve never heard of terms like wiki, widget or avatar, your credit union may be missing out on the opportunity to join a growing number of CUs already marketing...

The CU-Tube: Tinker FCU Offering A Reward For Member Video.
April 2, 2008... OKLAHOMA CITY, Okla. -- Credit unions are increasingly using Internet video outlets like YouTube in an effort to reach the potential mother lode of new members that the Gen Y market segment represents. Tinker Federal Credit Union here is no...

Let's Talk Price: CFOs Discuss How They're Reacting To Rate Cuts, Market Changes.
April 2, 2008... WEST PALM BEACH, Fla. -- As the Fed continues to try to jumpstart the economy by dropping the Fed Funds rate, credit unions are scrambling to reconfigure their pricing strategies. Credit Union Journal asked members of the CUNA CFO Council to...

CUJ EXIT Interview: John Tippets, CEO of $4.7-B AAFCU, Retires With Thoughts On Management, Future of CUs.
April 3, 2008... DFW AIRPORT, Texas -- John Tippets is CEO of the highly successful $4.7-billion American Airlines Federal Credit Union. Hes been at his post for the last 17 years and will retire in June. Credit Union Journal recently spoke with Tippets about...

Into The Wild: Sharing Story Of Dad's 29 Days Of Survival.
April 3, 2008... FORT WORTH, Texas -- John Tippets, CEO of the $4.7-billion American Airlines Federal Credit Union, was 2 years old when his father survived a plane crash in Alaska. Tippets remembers his dad sharing a story of survival, and how he and a group...

Ten Years Later, The Lackluster 'M': The Credit Union Membership Access Act Was A Landmark Bill For Credit Unions. But Membership Growth Has Not Kept Pace With Expectations. A Look At What Has Occurred, And Where Membership is Headed.
April 3, 2008... Washington -- A Special Report for Credit Union Journal readers by Jim Jerving, Correspondent When President William Jefferson Clinton signed the Credit Union Membership Access Act (HR 1151) on Aug. 7, 1998, there were great expectations...

6 Drivers Of Consumers' Financial Behavior.
April 3, 2008... ADISON, Wis. -- Financial decisions are a strange brew of emotions, needs, dreams and a small measure of logic. It is no wonder that a consumers choice of a bank or a credit union may have little to do with a rational choice. For years,...

CUs May Be Able To 'Out-Behave' Retail Rivals In The Financial Marketplace.
April 3, 2008... ASHINGTON -- To stand out and to differentiate ourselves from the crowd is part of the human and organizational condition. But in the commoditized world of financial services, credit unions and banks are running out of ways to...

Credit Unions And The Electronic Word-of-Mouth.
April 3, 2008... HE BLOGOSPHERE -- It is widely recognized that traditional methods of marketingdirect mail, print, TV, radioare losing ground with consumers. Emerging marketing channels such as blogs, buzz, viral and e-mail are gaining purchase as the new...

The One Guy Who Was 'Nuts Enough To Try It'.
April 3, 2008... MADISON, Wis. -- It may be a cooperative movement, but getting credit unions behind the same cause is often more akin to herding cats. Few people know that better than Larry Blanchard. Nearly everyone in credit unions involved with the...

A Year Very Much Worth Remembering, Not Repeating.
April 3, 2008... Nineteen ninety-eight was a year like no other and one, we hope, never to be repeated. In their quest to monopolize the consumer financial services market, in 1990 bankers initiated a lawsuit to limit consumer options to join credit...

The Day HR 1151 Came Within 1 Vote Of Not Making It.
April 3, 2008... On the morning of the House Banking Committee mark-up of HR 1151, I thought the bill was going to die prematurely. But it did notbecause of hard work and the power of one vote. And I will never forget that. In what is now the Financial...

HR 1151 Scrapbook.
April 3, 2008... A CONGRESSMAN GETS CORNERED During the time leading up to HR 1151. I graduated from the National Credit Union Foundations Development Education program in 1996, and at our class auction I purchased a visit to Washington, D.C. to visit with...

No Time To Sit & Dwell.
April 4, 2008... The effort to enact into law the Credit Union Membership Access Act (HR 1151) was effectively a two-year marathon that generated scores of memoriesgood and bad, high and low, exciting and tedious, raw and urbane. One stands out, for some...

Dusty Roads & White Hats: Lessons & Recollections In One State.
April 4, 2008... It is about 110 miles of flat, sage-brush driving between Midland and San Angelo, Texas. But in January, a decade ago, the straight road cut between fields of new snowthe pavement often glazed with ice patches. Not many were out on that...

Day The Senators Called.
April 4, 2008... I vividly recall April 30, 1998. Our Annual Membership Meeting was in session with keynote speaker CUNA Mutual Group CEO Mike Kitchen. While Kitchen was speaking, I was handed a note that Senate Banking Committee Chairman Alfonse DAmato was on...

HR 1151 Scrapbook.
April 4, 2008... MAJOR MILESTONE IN CAREER I have many fond memories concerning H.R. 1151. Over the course of my 16-year career as NAFCU president, it stands out as a major milestone. I recall with great pride the campaign credit unions undertook and our...

Help Yourself.
April 4, 2008... This month's cover story ("Banking's Big Brothers," page 14) sheds some light on just how much the industry has changed over the past few years. The days of the solo stock jockey making 400 calls a day to shift a stock or a bond are long behind...

Small-Bank Wealth Units Weather Market Turmoil.
April 4, 2008... Despite the weak housing market that is wrecking havoc at major banks and market turbulance that is devaluing assets in accounts, wealth management programs at community banks are holding their own. Revenue from community bank brokerage...

Sovereign Wealth: Good News During Bad Times: There is a strong correlation between sovereign wealth investments and how the U.S. is faring globally. The answer is not pretty.
April 4, 2008... Few financial issues in recent years have sparked as much political and global economic debate as the flow of sovereign wealth funds into top western financial institutions, particularly those in the U.S. That the subject has become a...

SPACS: IPOs Are on a Hot Streak, Despite Cooling Economy: More than 60 offerings expected in 2008.
April 4, 2008... They used to dwell in the dark corners of Wall Street, plagued by institutional memories of shady management teams putting forth questionable blank-check deals. But special-purpose acquisition-company IPOs have joined high society, cornering 25...

Mobile Banking: Mobile Play Puts Banks In Back Seat: A blueprint for bank disintermediation?
April 4, 2008... Mobilians International, a South Korean-based mobile-phone payments company, has caused a stir since the U.S. launch in October of its MobiCash product, which allows people to charge purchases made using their mobile phones to their monthly...

Personal Finance: Web Tools Make Waves: Banks face a dilemma by the rise of money management Websites.
April 4, 2008... Jason Knight likens desktop money-management products to a Japanese video game called Tamagotchi. The co-founder and chief executive of personal-finance Web site Wesabe says that while the game was initially popular, users simply lost interest....

HR 1151 Scrapbook.
April 7, 2008... MAJOR MILESTONE IN CAREER As Chair of NAFCU at the time, I saw the battle of the AT&T Family FCU case as a wake-up call for credit unions. I am proud to say we answered with a swift, strategic plan of action to get H.R. 1151 passed. While...

How U.S. Legislation Has Affected World.
April 7, 2008... The credit union movement has not been without its historic periods. In fact, the idea that consumers could come together to pool their funds for joint economic prosperity is pretty historic in and of itself. But there occasionally are...

Testament To An Undeniable Value.
April 7, 2008... R. 1151 was a tremendous victory for credit unions. As former president of Navy Federal Credit Union and a NAFCU board member, it is very gratifying to have been part of this landmark achievement. In fact, perhaps the bond H.R. 1151 created...

A Lesson In Power.
April 7, 2008... Looking back on the remarkable achievement that was H.R. 1151, we can appreciate even more clearly today how its passage crystallized the power of political action in support of consumer choice. The credit union members who mobilized and were...

Wachovia Touts Integration of A.G. Edwards.
April 7, 2008... Wachovia has launched a national advertising campaign, called "With," which is intended to underscore the combined strength of the two entities, and how the two firms' joint efforts will provide greater value to retail investment clients. The...

529 Enrollment Defies Market Woes.
April 7, 2008... In spite of the weaker housing market and the stock market's plunge, people continued opening 529 accounts last year. Experts say that growing public awareness of the tax-friendly investment option has offset difficult market conditions. ...

GSEs: Loan-Limit Hikes Are A Band-Aid, Not a Cure: Only jumbos will benefit, and just temporarily.
April 7, 2008... Raising conforming loan limits for Fannie Mae, Freddie Mac and the Federal Housing Administration banks that was spelled out in the recently passed Economic Stimulus Act eventually should help return liquidity to one part of the housing...

Fresh Ink.
April 7, 2008... 1. Pittsburgh-based Iron & Glass Bank was bought by FNB Corp in a cash-and- common-stock deal. Iron & Glass has eight branches and $300 million in total assets. 2. Prosperity Bancshares bought fellow Texas bank 1st Choice Bancorp in a...

Internet Marketing: The Pros And Cons Of Search Engines: Once again banks grapple with how best to use the Web to market themselves.
April 7, 2008... The Internet poses ever-changing marketing challenges for financial institutions; the center of the debate these days is the rising popularity and cost of paid search-engine marketing. In simple terms, which has the greatest value: the...

Ready, Set No-Go For Mobile Banking In The U.S.?
April 7, 2008... The ubiquity of cellphones in the U.S. could be construed as the precursor to a supply creates demand scenario for mobile banking and payment services for the masses. But such is not the case, and analysts are divided as to whether mobile...

Co-Sponsor Kanjorski Recalls CU Rally, 'America At Its Best'.
April 8, 2008... WASHINGTON -- The thing I remember the most was the response of the credit union members when we needed them the most to push it (the bill) over the top, observed U.S. Rep. Paul Kanjorski. One of two chief sponsors of the bill, Kanjorski...

Co-Sponsor LaTourette Recalls The Banker Who Is No Longer.
April 8, 2008... WASHINGTON -- There are really two things that stick out in my mind, said Steve LaTourette, the Ohio Republican who was one of two chief sponsors of HR 1151. The first, he said, was being handpicked by then-House Speaker Newt Gingrich to be the...

A Senator Recalls The 'Substantial Interests' Working Against CUs.
April 8, 2008... WASHINGTON -- My first memory is the serious situation in which the credit union movement found itself after the court decision, said Paul Sarbanes, then the senior Democrat on the Senate Banking Committee. It really raised a major...

How To Make Sure Lawmakers See Grass(roots) Are Greener On CU Side Of The Fence.
April 8, 2008... ARVADA, Colo. -- Banks may have the big bucks, but credit unions have a secret weapon in the political advocacy battle: members. The advocacy program developed by the Credit Union Associations of Colorado and Wyoming, which has been cited...

BISA Awards Honor Three Banks.
April 8, 2008... Penn State Employees Credit Union, First Citizens Bank and Compass Bank all picked up awards at the Bank Insurance and Securities Association's annual conference in Hollywood, Fla., last month. PSECU won the Best Small Bank award for...

Wealth Management Shakeup at Citi.
April 8, 2008... Citigroup is reorganizing its U.S. wealth management business in an effort to cut expenses and boost market share. In a March 3 memo to employees, Citi announced that it is splitting the wealth management unit, which includes Smith Barney's...

Lost Billions in Subprime Debacle? You Need a Performance Bonus.
April 8, 2008... The heads of financial-services firms compensation committees have a lot of explaining to do. Specifically, John Finnegan, CEO of The Chubb Corp., Harley Snyder, CEO of HSC, and Alan J.P. Belda, chairman and CEO of Alcoa. The trio chair those...

Noted and Noteworthy.
April 8, 2008... Bankers may have gambled on the subprime market, but few took risk to this extreme: The Office of the Comptroller of the Currency has suspended the chairman of a $1.3 billion-asset Pennsylvania banking company who faces perjury charges related...

Identity Management: The Lure and Peril Of OpenID: The open-source-credentials movement is perceived as too unproven for many institutions. Yet it might still showcase how lightweight, user-based frameworks can kick-start ID federation.
April 8, 2008... OpenID is a geeks paradise, providing an identity credential that Web users can ferry to different blogs, gaming and social-networking sites. So far, the open-source, three-year-old ID framework is supplying 30 million users with a trusted,...

The CU Journal asked state leagues: The primary lesson for CUs over the past 10 years has been the importance of advocacy. What do you consider your most effective advocacy effort, how has it evolved, and where would you like to improve? Below are their responses.
April 9, 2008... ALABAMA BIRMINGHAMThe Alabama Credit Union League works very hard to lobby lawmakers, provide financial support for credit union-friendly candidates, organize and participate in Hike-the-Hill visits for Congress and the State Legislature....

Grassroots is not a Spectator Sport! Join Our Credit Union Grassroots Team Today!
April 9, 2008... What messages are the advocacy program trying to get out there? Kemm: When we look back at the history of how credit unions were formed, they were formed on the principles of grassroots ownership. The owners have a voice in a democratic...

Where 'Superpriorities' Really Ought To Lie.
April 9, 2008... There it was in black and white: The real difference between credit unions and banks. Among nine superpriorities of the American Bankers Association listed in a recent ABA Banking Journal column by the groups chairman, strongly oppose...

Why NCUA Has Focused On The Rights Of Members As Owners.
April 9, 2008... During my tenure as chairman, one of the most difficult and contentious issues facing NCUA has been the rights of credit union members to decide on the structure of the member-owned financial cooperative. This issue has received attention on...

Fidelity 401(K) Advisor Platform Grows By 26%.
April 9, 2008... Assets rose 26% last year, to $21.2 billion, for Fidelity Investments' Advisor 401(k) platform, which is offered exclusively through third-party financial advisors to small and midsize companies. The Boston fund company said the number of...

Banking's Big Brothers: Mentoring a new advisor usually leads to increased production and emotional rewards for both parties.
April 9, 2008... At the First National Bank of Pana, a small town in rural Illinois known for its roses, 24-year-old industry newcomer Chad Sutton mulls the impact that his mentor Steve Mammoser has had on his career. Without Mammoser's help, "I would be...

What's Delaying the SEC on IFRS?: The SEC's reluctance to mandate IFRS for public companies isn't the wisest of moves. Making banks more competitive with their peers is a step into the future, Chairman Cox.
April 9, 2008... The Securities and Exchange Commission is not known for being fleet of foot, but the agencys foot-dragging over allowing domestic public companies to use International Financial Reporting Standards is downright glacial. How many decades will it...

ID Theft: Thwarted Online, Fraud Goes Low-Tech Again: In this digital age of sophisticated fraud prevention, criminals are returning to old-style, phone-based fraud. Fraudsters are also giving new meaning to a "friends and family" plan. by glen fest.
April 9, 2008... The payoff from reducing identity-theft crimes through electronic channels has had some surprising twists. A new study from Javelin Strategy & Research found a continuing overall decline in fraud numbers and victims in the U.S., which is no...

News Makers.
April 9, 2008... PCI COMPLIANTBUT SO WHAT? Hannaford Bros. executives thought they were good to go after being certified PCI compliant in February, but they were wrong. About 4.2 million credit and debit card numbers were pinched from Hannaford, yielding...

Commentary: Analyze This: Greed Is Never A Good Thing: JPMC's $10-per-share buy of Bear Stearns is the latest in the subprime chapter. An overdependence on risk analytics and modeling is what got things rolling.
April 9, 2008... Gordon Gekko is alive and well on Wall Street. Hes just not as good looking as the character portrayed by Michael Douglas in Wall Street. But this subprime crisis has all the earmarks of an overblown Oliver Stone film: Larger-than-life...

Agency Seeking To Strike Balance Between Flexibility & Consistency.
April 10, 2008... The recent upheavals in the mortgage market and the credit markets broadly have garnered an extraordinary amount of attention in the media, and with good reason. Ripple effects throughout the economy are now being manifested by slower growth...

A Look At What Will Be NCUA's Key Examination Issues For 2008.
April 10, 2008... When I travel around the country and speak at conferences, one question I always get asked by credit unions is: What are the hot examination issues this year? Recently, I moderated a webinar with NCUA staff squarely on this topic. Two issues...

Off With The Shackles: CUs Are Key To Economic Recovery.
April 10, 2008... As Congress continues to search for the best strategies to jump-start a stalled economy, our elected officials need to fully recognize the significant potential of credit unions to serve as a catalyst in helping businesses and consumers regain...

Family Ties: How the family practice of Graeter and sons moved to a bank to run a fee business.
April 10, 2008... These days a father-son business sounds almost quaint, a throwback to a time when one's career was inherited, not earned. But Don Graeter's sons, Drew and Spencer, have happily joined his advisory practice at Central Bank and Trust in...

The Ultimate Client Review: How to deepen your relationship with clients and make every meeting more productive.
April 10, 2008... Last month we talked about how to keep your calendar full. But having a lot of client appointments doesn't guarantee greater productivity. How can you make sure that those meetings aren't a waste of time? There's a way to avoid spinning...

Banks Search for Right Search-Engine Strategy: Once again banks are grappling with how best to use the Web to market themselves. Search engines such as Google are a powerful way to reach potential customers, but how to ensure a top position in the results is a matter of debate.
April 10, 2008... The Internet continues to pose new marketing challenges for financial institutions, and is at the center of a changing debate over the relative merits of two different approaches to search-engine marketing. Should a bank opt for the...

AD Beat: BofA's Gentle Lecture On IRAs' Nuts and Bolts: Bank of America is tapping mild humor to decode IRAs for the mass affluent. Its emphasis on education, however, comes at the expense of competitive differentiation.
April 10, 2008... For its first swing at IRA advertising, Bank of America is placing a $35 million bet that simplicity will soothe wary consumers who still find these retirement investment instruments overwhelmingly complex. IRAs dont have to be as difficult...

Sovereign Sway: At $2.9 trillion and growing, sovereign wealth funds have been investing in Western financial companies for years, but only recently have they been flying high enough above the radar to attract attention from Washington. ......
April 10, 2008... At $2.9 trillion and growing, sovereign wealth funds have been investing in Western financial companies for years, but only recently have they been flying high enough above the radar to attract attention from Washington. This has triggered a...

Techies.
April 10, 2008... Citigroup named Brian Leach its chief risk officer, and acting CRO for the Institutional Clients Group. Suneel Bakshi, Charles Money, Greg Hawkins and Adil Nathani were named new senior managers in Citis risk organization. Meanwhile,...

Customer Satisfaction: Young Folks Ask Banks: Where's the Love?: Bankers take note. Generation Yers are the least satisfied and least loyal banking customers, yet they are the most willing to consider purchasing another bank product.
April 10, 2008... Switching financial institutions is easier than some bankers want to believe. In fact, clothing retailer The Gap has better customer loyalty than any major retail bank, according to Forrester Research. In the survey, 4,758 Americans were asked...

Why Your CU Should Make Ongoing Director Education A Requirement.
April 11, 2008... Bachelors degree required, MBA preferred. Its not uncommon to see this statement at the end of credit union CEO recruitment ads these days. Even MBA required is not unheard of, as the complexity of leading a financial institution continues...

On Branding: No Magic Bullet To Growth, Just Consistent, Effective Strategies.
April 11, 2008... The issue on everyones mind today: Growth. Credit unions of all sizes, CUSOs, and even consultants and vendors serving the credit union industry are all wrestling with the struggle to grow. I am not going to recount overall industry growth...

Time Now For Deliberate Path To...
April 11, 2008... Its no secret that credit unions are the only financial institutions that cannot raise capital outside of retained earnings. However, some may argue that there is no need for credit unions to raise additional forms of capital because credit...

Wegner Awards Salute Bob Hoel: Leaving class, leading the class, doing it with class.(Company overview)
April 11, 2008... MADISON, Wis. -- Bob Hoel, the recipient of the 2008 Herb Wegner Memorial Award for Lifetime Achievement, remembers a baptism of fire when he first became Executive Director of the Filene Research Institute. Hoel was a tenured professor at...