ST. PETERSBURG, Fla.—Credit unions should be planning now for a future in which there are just contactless transactions at the point of sale, according to one person.
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MONTPELIER, Vt.—Environmentally friendly products, such as green loans, are not just good for the communities a credit union serves, but also for the CU itself, says Vermont State Employees CU, which is reporting its portfolio of environmentally friendly loans has become a key asset.
WASHINGTON—As rates continue to rise and more credit unions feel liquidity pressures, at least one CEO is cautioning that any CU pricing auto loans well below 4.78% (this week) is risking “institutional suicide.”
LAKE FOREST, Ill.—A new overdraft study shows that all of the moves to reduce overdraft charges are having an impact on financial institutions’ revenue—but surprise, it’s going up to record levels, especially at credit unions.
PORT CHARLOTTE, Fla.–Credit unions operating in southwestern and south central Florida are still assessing their own facilities and the extensive damage to their communities and employees’ and members’ homes from Hurricane Ian, while some assistance led by the League of Southeastern Credit Unions has already arrived.
MANCHESTER, N.H.– Twenty women from both the past and the present who helped or who continue to help make credit union “herstory” were honored at America’s Credit Union Museum here.
MADISON, Wis.—As employees are being called back to the office, are credit unions effectively executing the hybrid work environment? A new analysis by the Filene Research Institute offers some answers on what’s working and what is not.
LOMBARD, Ill.—What makes the top-performing credit unions successful? There are two “common threads,” according to Raddon, which came to its conclusion after closely examining the latest group of its Crystal Performance Award winners.
DETROIT—It’s no time to get “lax” with multifactor authentication and member transactions, according to one expert, who is warning threat actors just keep getting more cagey and elusive.
LAKE FOREST, Ill.—Big Checking—that is, organizations with more than one-million checking accounts—keeps getting bigger at the expense of smaller institutions, including credit unions, a new study shows. However, there is a solution to the challenge for smaller shops, says one economist.