MADISON, Wis. – Credit unions have an opportunity to seize a 10,000-person-per-day opportunity. That’s how many Baby Boomers are set to retire over the next 19 years, attendees of CUNA Mutual Group’s fifth annual Discovery Conference were told.
Fresh Today
MINNEAPOLIS, Minn—Concerns over compliance and risk management among credit unions and banks is up nearly 30% from two years ago, according to a new survey released by Wolters Kluwer. The company’s Regulatory & Risk Management Indicator began with a baseline score of 100 in January 2013, when Wolters Kluwer Financial Services surveyed nearly 400 U.S. banks and credit unions around their ability to manage compliance obligations and risk. It has risen to a score of 128 following the company’s latest survey of more than 300 financial institutions in August.
MADISON, Wis.—Digital marketing is a significantly overlooked path to growth by credit unions, according to one analyst, who believes digital can be more powerful than all of a CU’s branches combined.
MADISON, Wis. – It would behoove credit unions to take an eyes-wide-open approach to the potential for disruption in financial services, according to one analyst.
MADISON, Wis. – Recent data breaches at Kmart and Dairy Queen, combined with earlier breaches at JPMorgan Chase, Target, The Home Depot and other retailers has put a bright light on the new risk level of data theft and security, and the role of cyber liability insurance policies.
MADISON, Wis. – The largest-ever mortgage lending regulatory compliance change is taking place with the CFPB’s new TILA/RESPA Integrated Disclosure Rule, and credit unions need to be prepared for it.
MADISON, Wis.—As auto sales and loans climb back toward pre-recession levels, credit unions should pay attention to an important attitudinal shift among Millennials.
LAKE FOREST, Ill—Credit unions charge some of the lowest—and highest—overdraft prices in the country, according to a new OD study from Moebs $ervices.
WASHINGTON—The American Bankers Association has filed a petition with the Federal Communications Commission asking it to remove barriers to sending time-sensitive information to customers when their accounts may be in jeopardy. The ABA is seeking a change in “outdated regulatory restrictions” that prevent banks from sending data security and fraud alerts to customers via their mobile devices.
FERGUSON, Mo.—As civil unrest heats up again in this St. Louis suburb, one credit union near the center of much of the protest and violence is again concerned about the future.