KALAMAZOO, Mich.—Credit unions should take several key steps to protect themselves against a growing wave of lawsuits related to NSF fees, according to one attorney whose firm has just successfully defended a credit union in an overdraft case.
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MADISON, Wis.—The explosion in digital banking and the evolution in consumer behavior has one CU here convinced traditional card offerings just don’t cut it any more—that’s why its offering free food delivery to college students who use its card.
OSHKOSH, Wis.—A credit union here that purchased an Illinois-based bank in 2019 has filed suit against the bank and three members of its former leadership team, alleging fraud in the presentation of the bank’s financials prior to the deal’s closing.
WATERFORD, Conn.–One hundred bucks a year is not a lot to spend on each of your best members, says Charter Oak FCU, whose giveback program has been key to the credit union’s strong growth over the last 10 years.
MADISON, Wis.—If there is one thing the pandemic has done for credit unions, it’s forced them to toss out the window their “boilerplate” disaster recovery plans.
LAKE FOREST, Ill.—A new study suggests all the sacrifices credit unions have been making to keep members afloat are affecting CU staffing levels.
CARMEL, Ind.—What feels like a growing number of natural disasters—and now a pandemic—have credit unions better prepared to deal with emergency situations in the coming years, according to one analyst who is also offering some additional steps to take to address the next unforeseen catastrophe.
RENO, Nev.—When members of one credit union here sign into online banking and need assistance, they have the option of clicking on the “Just Ask Jennifer” button and being connected to the CEO.
TACOMA, Wash.—Strategic planning at a distance—can it be done, and done well?
WASHINGTON–Credit unions have joined with the rest of the country and the world today in watching what every media outlet seems to be calling a “nail-biter” of a presidential race between President Donald Trump and Democratic challenger Joe Biden.