PALM DESERT, Calif.–Credit unions have heard all the numbers and gloomy scenarios: there are more than 12,000 fintech companies and new start-ups every day. Members are using PayPal, SoFi, Prosper and others instead of the CU.
Fresh Today
PALM DESERT, Calif.–Credit unions have opportunity to grab more market share by using credit data CUs already have on members and then asking the right questions.
PALM DESERT, Calif.–NCUA board member Rick Metsger had a REACH for the California and Nevada leagues’ REACH Conference here.
WASHINGTON—The House has voted in favor of the Risk-Based Credit Examinations Act of 2017 (HR 3911).
MADISON, Wis.–The National Credit Union Foundation has released a full description of why Angel V. Castro has been selected as a winner of a 2018 Herb Wegner Memorial Award for Outstanding Individual Achievement.
MADISON, Wis. – A grant from the National Credit Union Foundation helped BECU to host financial reality fairs leveraging the Bite of Reality App and reach more than 7,000 high school students in one day.
SAN FRANCISCO—What do consumers want more of these days? Luxury cars, according to a new report.
HERNDON, Va. – NACHA—The Electronic Payments Association, has released the results of two recent studies that explore the role that direct withdrawal via ACH plays in nonprofit donations. The findings conclude that using ACH leads to more frequent and higher-dollar contributions from sustaining donors.
LONDON–The BBC is running a series of short documentary reports called “A Matter of Life and Debt” that highlights credit unions.
LYNCHBURG, Va.—The Virginia Credit Union League and Wisconsin Credit Union League are the latest to announce they will participate in legal action against Equifax as a result of the data breach announced earlier this year, CUNA reported.