DEXTER, Mich.—A growing “hidden risk” within auto lending could be creeping up in the rear view mirrors on many lenders, asserts one analyst.
THE feature
LAKE BUENA VISTA, Fla.–The most fearsome animal in the jungle? The “humble butterfly.” The worst background experience for credit union leaders? “Western education.”
LAKE BUENA VISTA, Fla.–Ten-time NFL Pro Bowler and Hall of Famer Barry Sanders told credit unions that what made him successful really isn’t all that different from what can help others to achieve success.
SAN ANTONIO–One woman who went from knowing absolutely nothing about basketball to becoming an executive with the NBA’s Atlanta Hawks has picked up a lot of lessons along the way, and she shared those and her own “guiding principles” with a credit union audience here.
LAKE FOREST, Ill.—Those credit unions that are most inefficient are going to be the big losers in the deposit war given the pressures to pay high rates, according to one analyst.
SAN ANTONIO—A new analysis that measures how prepared credit unions are to meet the innovation needs of members reveals some clear gaps between the “Early Launchers” and the “Laggers”—in other words, those CUs that are positioned to succeed vs. those that are not, according to one person.
LOMBARD, Ill.—While credit unions will make individual decisions on overdraft pricing, growing pressures to reduce or eliminate the fee is going to require many CUs move away from price as the primary point of competition, while also diversifying income streams, according to one person.
BIRMINGHAM, Ala.—The CFPB’s proposed rule on credit card late fees will likely create problems for card issuers as they scramble to make adjustments, but credit unions could also enjoy a window of opportunity if the proposal is finalized, according to one analyst.
LAKE FOREST, Ill.—The trend lines don’t lie: Financial institutions charging high overdraft fees will likely face operating challenges in the near future and may even be forced to merge if they don’t follow the market trend of lowering their OD charge, according to one person.
PATH OF TOTALITY, U.S.–For Mark Weber, the darkness is about poor data. For Anthony Hernandez, it’s about bringing light to financial readiness. And for Matt Saefkow, it isn’t so much about the light or dark, but instead, it’s about the noise.