MADISON, Wis.—As COVID-19 vaccination programs roll out across the country, CUNA Mutual is advising credit unions to be very “flexible” with any policies they devise around staff immunization, saying CU executives need to be asking two questions.
THE feature
LAKE FOREST, Ill.—A big change is taking place in overdraft pricing, reveals a new study that also shows OD prices are at record highs among the largest financial institutions.
MADISON, Wis.–It is de rigueur in nearly every CEO retirement announcement published by CUToday.info: Among the retiring CEO’s plans is to travel more. Packing a suitcase is not on the to-do list for the retiring Dr. Brian Branch, who has visited 104 countries and has spent the better part of half his time during the past decade on the road as part of work that has taken him to some of the world’s most desirable places—and it’s most dangerous.
BIRMINGHAM, Ala.—Could an NCUA proposal to expand the lending authorities of CUSOs be what saves many small credit unions?
DULUTH, Ga.— With the death of George Floyd at the hands of Minneapolis Police in early May of 2020, credit unions joined numerous other companies and communities nationally in committing to fighting racism, holding uncomfortable discussions, and announcing numerous initiatives and pledging support. But will that level of commitment fade?
RANCHO-CUCAMONGA, Calif.—Credit unions have a big opportunity now to partner with small businesses to drive card transactions, according to CO-OP Financial Services, which says the move also bolsters community ties and business services opportunities.
ARLINGTON, Va.—While CUNA and NAFCU acknowledge a recent national survey of Americans found perceptions of service at credit unions trails that of banks, both organizations are saying evidence of the perceived decline is not apparent in other credit union data.
CARSON CITY, Nev.—If the big banks jump into new round of Paycheck Protection Program (PPP) loans with both feet, credit unions can expect borrower interest to be steady. If they don’t, CUs should get ready for a lot of work.
TREVOSE, Penn.—Credit unions should expect the new round of Paycheck Protection Program (PPP) loans to be a “less hectic” undertaking, according to one expert, who is also cautioning that staffing could be an issue this time around.
WASHINGTON—The unprecedented breach of the U.S. Capitol and the related violence by individuals protesting the results of the presidential election have both the country and credit union veterans in Washington attempting to process what took place. During the violence local CU staff were told to shelter in place by police and several offices remain closed