WASHINGTON–Card interchange and overdraft fees were the subject of two separate Senate hearings yesterday, and there were powerful interests on both sides of each issue, including credit unions.
Fresh Today
SAN JUAN, Puerto Rico—Calling the Community Development Revolving Loan Fund one of NCUA’s “most impactful initiatives,” agency Chairman Todd Harper told attendees at Inclusiv’s Annual Conference here NCUA hopes to expand the program
CHICAGO–During a meeting at which payments, and especially faster payments, was front-and-center in nearly every presentation, credit unions were cautioned not to let the need for speed cause them to rush right past their fundamental mission.
Co-op THINK Coverage: How Tough is Competition? Just Search This; Plus, Co-op Reports Strong Results
CHICAGO–Need a reality check on just what kind of competition credit unions are up against? One audience here was urged to open their phones, visit their respective app stores and search “debit card.” What came up first for everyone had nothing to do with credit unions—with the exception of taking members.
CHICAGO–If you’re convinced of your management acumen because direct-reports do everything you say, you’ve got a problem, according to one expert, who says many of those workers have simply concluded their work lives “suck.”
LITTLE ROCK, Ark.—Issues related to a proposal that would give the Small Business Administration authority to make loans directly as well as related to the postal banking pilot program were raised during a discussion involving NAFCU and three Arkansas credit unions met and Sen. John Boozman (R-AK).
BAY CITY, Mich.–After 50 years with COPOCO Community Credit Union, CEO Linda L. Doan has announced plans to retire.
PLYMOUTH, Mich.—The $1.2-billion Community Financial Credit Union has named a new president and CEO to succeed the retiring Bill Lawton, who has had a 40-year career in credit unions. CFCU has named Tansley Stearns to lead the organization.
MADISON, Wis. – Nominations are now being accepted for the National Credit Union Foundation’s 2023 Herb Wegner Memorial Awards.
