SCOTTSDALE, Ariz.—A new study reveals that many credit union CEOs increasingly see merger as a primary means to grow—and as a way to simply survive within the financial services industry that demands scale to compete.
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CHICAGO—It’s Leap Day today, those extra 24 hours in February that arrive in most years divisible by four. But what does it mean to credit unions? To members? To you personally?
BEDFORD, Texas—Auto loan debt owned by U.S. households topped $1 trillion for the first time during 2015—and in the same year the average length of auto loans hit an all-time high of 67 months.
WASHINGTON–There are a number of myths and misconceptions around the current elections and voter trends, but one isn’t in doubt: women remain unlikely to be involved in politics, and young people are strongly turned off by what they’ve seen and don’t see elective office as an effective way to bring about change.
WASHINGTON—The Internet, the tool American’s rely on every day, the Internet, actually has the potential to be a weapon of mass destruction, according to one journalist.
WASHINGTON–NCUA Board Member Mark McWatters outlined a 21-point plan for regulatory relief from an agency he suggested continues to “pummel credit unions.”
WASHINGTON–It’s a Buyer Beware World, right? Not anymore.
DALLAS—One company is concerned that FIs may be overlooking “manufacturing consistency” within mortgage origination as they focus heavily on regulatory compliance.
ALEXANDRIA, Va.—As news of the discovery of long-time frauds inside credit unions continues to be reported, the NCUA said it has been taking steps to reduce internal fraud at small CUs, providing examiners with new training focused on identifying fraudulent activity earlier, and also reviewing more transactions during small shop audits.
LOMBARD, Ill.—A new report indicates that very few consumers are utilizing fingerprint biometrics as an added level of security when they log into mobile banking, even as many indicate they are interested in using the technology.