Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Computing
Conference & Expo
November 2-4, 2009 NYC
Register Today and SAVE !..

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
Navy Federal Closes Record-Breaking Year

Credit Union Credits Success to Member Loyalty

VIENNA, Va., Jan. 11, 2013 /PRNewswire-USNewswire/ -- Navy Federal Credit Union, the world's leading credit union, announced record growth in new members, new loans and new checking accounts in 2012. Despite the challenging year in many parts of the economy, the credit union attributes its achievements to its member-centric philosophy.

(Logo: http://photos.prnewswire.com/prnh/20080117/DC11807LOGO-b)

"Our success is due to our focus on doing the right things for our members," noted President and CEO Cutler Dawson. "We ended the year with $52.5 billion in assets—a positive sign for the financial health of our organization, and our ability to offer members the best financial options available."

Navy Federal saw gains in membership, deposits, loan volume, and industry accolades:

  • Total membership surpassed the four million mark in the summer of 2012, with an addition of more than 600,000 new members for the year. Navy Federal cites quality member service, and word-of-mouth as a major growth factor. "Members tell their friends and family about their positive experiences here—the excitement spreads," acknowledged Nancy DeDona, vice president, Membership.
  • Navy Federal closed out the year with a record $10 billion in mortgage originations. "Historically low rates and promotions, like offering to pay up to $2500 in closings costs, are a huge differentiator in the industry," said Jack Gaffney, executive vice president, Lending.  "We aim to find the right mortgage or refinance option to fit our members' needs."
  • The credit union originated $4.8 billion in auto loans in 2012—a 46% increase over 2011. Jack Gaffney, executive vice president, Lending, stated, "Whether giving loan discounts to active duty military, or offering rebates for refinancing—we do things other lenders can't and won't." While historically low rates spurred much of the loan volume, the credit union also credited the growth to rapid loan processes and comprehensive service.
  • Credit card growth rates outstripped general industry results.  Navy Federal opened almost 250,000 new credit card accounts, a 22% increase over 2011.  The credit card portfolio increased by $1 billion—a 17% over the previous year compared to the single digit growth reported by the  credit card industry. "The goal is for our members to get the best value for their money on our credit cards," commented Gaffney. Navy Federal has several low-rate credit card products that provide competitive rewards for members, and in January 2013, the organization kicked off a promotion offering 0% fixed introductory APR on balance transfers for 12 months with no balance transfer fees.
  • For the sixth year, the credit union ranked as a leader in overall member satisfaction, according to results from the 2012 American Customer Satisfaction Index (ACSI). Their score led the banking industry.

Dawson maintains that 2012's results directly correlate to member satisfaction: competitive rates, easy-to-understand products and services and an unwavering service commitment drove increases across the organization. "We want members to trust that they get the best value for their money—that's more important now than ever."

Contact: Michele Townes
Corporate Communications
Phone: (703) 206-3828
E-mail: michele_townes@navyfederal.org

SOURCE Navy Federal Credit Union

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

SOA World Latest Stories
Back when we were doing DB2 at IBM, there was an important older product called IMS which brought significant revenue. With another database product coming (based on relational technology), IBM did not want any cannibalization of the existing revenue stream. Hence we coined the phrase ...
Until recently, many organizations required specialized departments to perform mapping and geospatial analysis, and they used Esri on-premise solutions for that work. In his session at 15th Cloud Expo, Dave Peters, author of the Esri Press book Building a GIS, System Architecture Des...
Nick O'Leary is an Emerging Technology Specialist at IBM where he gets to do interesting things with interesting technologies and also play with toys. With a background in pervasive messaging, he is a developer on the Eclipse Paho project and sits on the OASIS MQTT Technical Committee....
Internet of @ThingsExpo Silicon Valley announced on Friday its first 18 all-star speakers and sessions for its upcoming event, which will take place November 4-6, 2014, at the Santa Clara Convention Center in California. @ThingsExpo, the first and largest IoT event in the world, debute...
As more applications and services move "to the cloud" (public or on-premise) cloud environments are increasingly adopting and building out traditional enterprise features. This in turn is enabling and encouraging cloud adoption from enterprise users. In many ways the definition is blur...
Bsquare is a global leader of embedded software solutions. We enable smart connected systems at the device level and beyond that millions use every day and provide actionable data solutions for the growing Internet of Things (IoT) market. We empower our world-class customers with our...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE