RANCHO-CUCAMONGA, Calif.—Todd Clark grew up knowing more about credit unions than banks, having opened a share draft account when he was 12 years old.
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SANTA MONICA, Calif.—Is leasing’s growing appeal actually hurting leasing’s future?
LAKE FOREST, Ill.—Credit unions lead banks in offering free checking, but they trail their counterparts—particularly community banks—in offering more account-friendly features such as daily overdraft limits and de minimis pricing, a new study shows.
DECATUR, Ala.—Family Security Credit Union here has agreed to purchase the Bank of Pine Hill, located in Pine Hill, Ala.
SANTA ROSA, Calif.—Starting the onboarding process on a new hire’s first day is not the most effective approach, according to Redwood Credit Union, which begins its onboarding as soon as a potential hire is considered a candidate.
BATON ROUGE, La.—Roxanne Brown works daily within several steps of Louisiana USA FCU’s boardroom. She always thought the room was a great space for meetings—nice, big and comfortable—but she never thought it would become her place to live.
LAS VEGAS–A credit union that has made a significant investment in internal leadership training said it is seeing the ROI.
LAKE FOREST, Ill.—Just as overdraft revenue has hit record levels at banks, thrifts and credit unions—so too has OD volume, a new study has found. That same study also reveals that more community banks and large CUs are cutting overdraft price to increase income.
TAMPA, Fla.—As more POS payments become digital, the costs of not being top of wallet—or in this case top of phone—are getting higher: possibly as high as $5,000 in annual card usage per account.
TAMPA, Fla.—Some tough decisions made by one credit union’s board—including going against regulators’ requests and agreeing to put age limits in place and change its own make-up—are being credited by one CEO with helping it to weather tough times.