View Comments There’s nothing better than a beautiful spring day in New York City—not that we’ve experienced many of those days this year, but we’re still holding out hope! Even though the weather outside is still kinda, well, terrible, you can still live vicariously through Idina Menzel and her pals as they hang out in Madison Square Park in the new Broadway musical If/Then. The city-centric tuner by Tom Kitt and Brian Yorkey officially opens on March 30, so we’re definitely in a New York state of mind. We started thinking of all the musicals set in the Big Apple, and we’ve narrowed the choices down to 18 stellar stories set in the city that never sleeps. Which one is the quintessential New York City musical? Cast your vote below!
In the intense battle of competition between financial institutions, credit unions have long held a winning hand: better service. It’s an advantage most credit unions promote, emphasizing their ability to do a far better job than the banks in meeting the needs of individuals. There’s just one problem. It’s not true. As found in the Finance and Insurance Report 2018 from the American Customer Satisfaction Index (ACSI), banks are now on par with credit unions for customer satisfaction, with both institutions earning an ACSI score of 81. It’s the first time in ten years that the scores have been equal. But what’s even more chilling is how that came to be. While the customer satisfaction score for banks remained steady year-to-year, it dropped by 1.2% for credit unions. Meaning consumers are losing faith in credit unions, but not in banks. Now, if that’s got you worried, good! Because you should be. Banks have closed the gap on credit unions and it only looks set to continue. Unless action is taken now to reverse the trend, there will soon be little reason to join a credit union. What can credit unions do to remain competitive? The first step is to understand why the gap has closed. And this comes down to the fact that there are many aspects that contribute to customer satisfaction. While credit unions win in some areas, such as in-branch courtesy and helpfulness (do note they lead by only one point), banks outperform credit unions in areas that are increasingly important to today’s consumer, such as quality of mobile apps. As consumers rely more on digital and less on in-branch visits to complete their banking, interactions outside the branch will make a much bigger contribution to customer satisfaction. Which means credit unions need to create a consistent experience across every channel. An experience that is as good as it is in their branches.Elevating the cross-channel experienceThe key is to look at the brand as a whole, then determine whether the same level of quality is experienced at every touch point. Identify the gaps in the total brand journey, then address them. Take your website, for example. Your website should be seen as a highly-valued resource; one that positions you as an authority of financial well-being, a pillar of the community, and an advocate of the credit union movement. It’s the perfect vehicle to energize members and non-members. But do visitors enjoy the same level of quality as they do when they engage in person? More specifically, do they come away from your site feeling the same way as someone who has just visited your branch? If not, think about the ways you can easily improve the interaction. Whether it’s more user-friendly navigation, updating content for greater relevancy, or reformatting to a responsive design, sometimes the simplest update can drastically improve the entire experience. The same goes for your mobile experience. If after using your app members don’t feel the same level of fulfillment as the do once they’ve left the branch, then there is work to be done.Don’t forget the restWhile improving the digital experience is essential, it’s important to not neglect any of the other channels in the process. A small oversight may be all it takes to disappoint members. One often overlooked area is membership cards. Are your cards presented to new members in a way that makes them feel valued and special? Or are they handed over with very little wow-factor? It is these seemingly small areas that can provide huge opportunities to extend the high service you offer in branch. And don’t forget to leverage your strengths in inventive ways! If members enjoy the advice your in-branch staff provide, consider running events or seminars that allow members to learn how they can better manage their finances. This gives your credit union the opportunity to further engage in-person – something you know your organization can do well – while providing significant value to the member. It also provides an opportunity to extend your offering, particularly online. Possible avenues include webinars for people who are unable to attend in person or featuring success stories of attendees on your blog. Act now or forever hold your peaceWhile these are just a few considerations, the most important take-away is credit unions need to start fighting back with a consistent brand experience. The banks are muscling in on credit unions’ turf, and unless they evolve to meet consumers’ changing needs, credit unions will be left far behind. We’re not ready to let that happen – but the question is, are you?References: https://www.theacsi.org/news-and-resources/customer-satisfaction-reports/reports-2018/acsi-finance-and-insurance-report-2018https://www.theacsi.org/news-and-resources/press-releases/press-2018/press-release-finance-and-insurance-2018 ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Ben Prager Prior to forming Prager Creative, Ben worked with design studios, branding firms and advertising agencies to push great strategy and design for all his projects. His experience with all aspects … Web: www.pragercreative.com/creditunions Details
THE fourth Annual Shivanandan Madholall feature softball match was played recently at the Anna Regina Drying Floor on the Essequibo Coast between the Reliance All-Stars made up primarily of the Mandolall’s family including brothers Narendra, Ravindra and Rovendra and former 10/10 GTT Champions, Wild Oats of Cotton Field.Despite the unfavourable weather conditions and a soggy outfield, a large turnout of spectators, well-wishers, family members and current and past Essequibo players graced the occasion in tribute to the late former national Under-19 all-rounder Shivanandan Madholall who died in 2013 at the age of 30.In the feature match Wild Oats won the toss and struggled their way to 93-8 in the allotted 15 overs with Parmanand Persaud striking 24 including 3×4 as the principal scorer. Ravindra Madholall had 3-12 from 3 overs to tame the opposition.In reply, Reliance All-Stars, despite some nervous moments, reached 96-7 in the 14th over to claim victory by 3 wickets as Cecil Shivambar 27 not out (4×4) engineered the exciting win for his team to retain the trophy.Earlier Mandolall’s XI defeated Reliance Masters at the same venue. Batting first, Mandolall’s XI made 72-7 from 10 overs with Narendra Mandolall scoring a brisk 26 with 4x4s. The Masters in reply could reach only 50-9 when their overs expired to lose by 22 runs, as Narendra Mandolall also proved destructive with the ball by taking 3-16 from 2 overs.During the presentation, Ryan Shivambar was adjudged Man-of-the-Match for the main event after hitting a 6, claiming a wicket, effecting a run-out and taking a catch – all at crucial stages.Narendra Mandolall was adjudged Most Valuable Player during the other match with both players receiving trophies.Both teams also received trophies and medals compliments of the Mandolall family and sponsors who included Dent Wizard and PGI Ltd, Baksh Brothers, GE Plastics, Anil Sarwan, Sunrisers cricket team, Rems and Avinash Singh.Jerseys were also given to all the participating players who included former senior Essequibo inter-county players Elroy Stephney, Raul khan, Latchmikhant Narine and Cedric Beaton.Meanwhile, Ravendra Mandolall also announced during his brief remarks on behalf of the Mandolall family that the day’s proceedings was also held in memory of his father Seeram Madholall who died in 2017 at the age of 64.He further thanked all the teams and fans for making the event a success. Also gracing the memorable yet sombre occasion was Dorris Madholall, wife of Seeram Madholall and mother of Shivanandan Madholall as well as their sisters and uncle Dharam Rajah.