NEW YORK CITY—What’s love got to do with it? A lot, according to Mollie Bell, chief innovation officer with the Filene Research Institute. Bell told PSCU’s MoPRO meeting here that love for the credit union business model and what it means to people—especially Millennials—will be critical for future growth. But she also made clear that love alone cannot conquer all.
THE news
NEW YORK—Credit unions were offered “lessons in protecting the online channel” by the former CIO of the White House.
LOMBARD, Ill.—With “reasonably good results” from 2014 behind them, financial institutions in 2015 will need to watch several ongoing issues, such as regulatory burden and the changing role of the branch, and pay attention to escalating challenges—declining income from overdrafts and debit cards.
ORLANDO—NACUSO presented its 2015 Collaboration & Innovation of the Year Award to both a CUSO and a credit union at its meeting here.
LAKE MARY, Fla.—After acquiring Harland Financial Solutions more than a year ago, D+H reports that the company’s U.S. business is prospering.
HAUPPAUGE, N.Y.—One automotive lending expert sees leasing as a good way for CUs to beef up their loan portfolio as well as the percentage of Millennials within the membership.
PAPILLION, Neb.—SAC FCU contends that in the fight against fraudsters, a credit union simply can’t do it alone.
CHICAGO—What are some of the peer group-leading credit unions doing that others are not? CUToday.info is exploring that issue and others in a series being led by credit union consultant Rory Rowland, beginning with David Mooney, CEO of Alliant Credit Union.
MOUNTAIN VIEW, Calif.—Google plans to launch in Q4 of this year a new solution that will allow consumers to receive and pay bills inside Gmail.
WASHINGTON—Credit unions now have a big opportunity to capitalize on consumers’ desire to work with trusted local financial institutions, which is just the story CO-OP Financial Services sought to tell in detail during the recent CUNA Governmental Affairs Conference.
