DENVER–For Alan Mulally, there was some good news: the company’s forecasting solution was correct. The bad news came in the fact the forecast projected a $17-billion loss.
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DENVER–They quoted Jesus and John Lennon. Cheered their country’s flags. And were told the 200 million people globally who belong to credit unions are a small number compared to the 2.5 billion who could use one.
MUSKEGO, Wis.—Credit unions will be just as strong and relevant in five years as they are today due to their personal connection with members, asserts Robert Fouch, president and CEO of Corporate Central CU.
ST. PETERSBURG, Fla.—Mobile is here to stay, meaning branches are on their way out, correct? Not correct, suggest several analysts, who say such a conclusion is flawed.
SANTA MONICA, Calif.—Two automotive pricing companies differ on the direction in which used car values are heading, but both agree the used car bubble won’t be bursting soon.
MONTREAL, Quebec—Allowing consumers to control their debit card with their smartphone—setting spending limits, turning the card on and off and more—is leading to higher debit spending, reports one payment processor.
WASHINGTON–It’s July 4th. Independence Day. A day to celebrate America’s birthday, patriotism and more. Credit unions have always been a mirror of the country, its heritage, its history, its people and its companies, and there may be no better example than July 4th.
TAMPA, Fla.—It’s July 2, meaning financial institutions are now 90 days away from the October EMV liability shift deadline. What’s the readiness of issuers and merchants, and what should credit unions be paying attention to as the U.S. moves closer to converting to chip and pin?
MONTREAL, Quebec—Credit union executives are still digesting the new MBL rules NCUA has proposed, but early reaction is the new guidelines are a good first step.
The year 2020 is less than five years away. What can a credit union do to ensure it gets there? Will members be interacting with their CUs primarily through “wearables,” such as watches? Will members expect an approved loan offer to appear on their phones when they walk into an auto dealer? Will other providers do those same things, but better?