THE corner

NEW YORK–Credit unions curious about where their members are getting their financial information may want to pay attention to a new list of the most popular financial influencers. 

SAN DIEGO–After 17 years of leadership with Mission Federal Credit Union, President & Chief Executive Officer Debra Schwartz has announced plans to retire March 1, 2024.  

BATTLE CREEK, Mich.–As he prepares to retire on Dec. 1, Ted Parsons, CEO of the $589.7-million OMNI Community CU, is sharing some of the lessons he has learned and insights gained during his career, having led the organization for 18 years.

ALPHARETTA, Ga.– A new white paper offers some insights into the challenges of addressing sophisticated fraud threats following increased digital adoption and consumers’ high expectations for online transactions.

HAMPSHIRE, U.K.–Reinforcing a message often heard in credit unions about the importance of getting a CU’s card to top of wallet, a new study from Juniper Research is predicting transaction value of recurring payments will exceed $15.4 trillion globally in 2027, from $13.2 trillion in 2023.

NEW YORK—Credit unions not only have to pay attention to the big shift to contactless plastic, they must also recognize the growing movement to virtual cards, according to a new report.

ANN ARBOR, Mich.–A majority of Americans say they are no longer actively saving for a home, according to a new report.

CHARLOTTE, N.C.–A new survey of Americans offers some insights into consumer behavior around deposits, which is increasingly important given the liquidity strains many credit unions are feeling.

MEMPHIS, Tenn. – Dr. Craig Esrael is marking his 40th year as CEO and president of First South Financial Credit Union, having overseen asset growth of more than 2,400% to $796.4-million during his tenure. 

LONDON–A large majority of companies in this country—including financial institutions—that participated in test of a four-day workweek said they would stick with it after experiencing sharp drops in worker turnover and absenteeism while largely maintaining productivity during the six-month study, according to a new report.