WASHINGTON–While most of the country and even the world will be transfixed by the outcome of today’s presidential election, for credit unions and their members the real fallout is most likely to be found in what becomes of Congress.
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WASHINGTON—With turnover now taking place inside the Pentagon, ensuring new leaders who step in understand credit unions and the value CUs bring to military bases is something the Defense Credit Union Council (DCUC) will be focused on for 2021, according to Anthony Hernandez.
SAN BOONARDINO, Calif.—What do virtual meetings and a séance have in common? Sometimes a lot of spooky questions.
PHILADELPHIA—As Halloween approaches, credit union leaders have crawled out from under their bedsheets and left their fear of virtual work behind.
WASHINGTON–For many credit union leaders, this Halloween will include the kinds of mask-related discussions with employees many had never anticipated—including how to handle conflicts with members who resist mask-wearing, social distancing and branch capacity limits. One organization is offering some training and strategies for effectively defusing such situations.
LAKE FOREST, Ill.—How much of a toll is the pandemic taking on financial institutions’ fee income? Enough so one analyst is recommending CUs consider making a couple of moves.
BURNABY, B.C., Canada—U.S. lenders are taking more time to close transactions from auto dealerships due to the pandemic, and those that are taking the longest risk getting fewer indirect deals once the health crisis ends, warns one analyst.
WASHINGTON—A unique program from Georgetown University Alumni and Student Federal Credit Union aims to provide graduates with a high credit score that will in turn save them thousands of dollars in student loan refinance costs after they leave the university.
BRISTOL, U.K.–Many credit unions will fail in planning for the long term, but the real futility lies in even attempting to do so and looking in the wrong places for guidance, according to one expert.
TAMPA, Fla.—GTE Financial says it has solved one of the biggest issues consumers have with their plastic—getting a replacement card quickly.