TRENTON, N.J.—When State Employees' Credit Union disaffiliated from CUNA and the Carolinas CU League it put a new spotlight on a growing concern of many credit unions, whether their state associations are effectively serving the needs of all of their dues-paying members—big and small. And it’s not just credit unions asking themselves that question. For the state leagues, in which for decades membership was almost automatic and when the rare disaffiliation occurred it was often due to personal politics, it has also meant self-reflection. They acknowledge they have a task ahead.
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SAN ANTONIO—Security Service Federal Credit Union here has named Karyn Draeger to fill a position not often found in credit unions, “Employee Wellbeing Advisor.” Here, Ms. Draeger responds to five questions from CUToday.info about the position.
DES MOINES, Iowa—The moves by Walmart to offer its GoBank account, as well as health insurance services, is a signal to CUs catering to the growing U.S. Hispanic market that they must expand their offerings, according to one person.
PENNINGTON, Ala.—With NCUA cracking down on late filers, one credit union has reduced the time it takes to compile, complete and file its quarterly 5300 Call Report from several days to just two hours.
TAMPA, Fla.—Grow Financial is turning screaming college football fans into some of the credit union’s best advertisers.
SAN CARLOS, Calif.—Simply signing a contract for Apple Pay is not a mobile payments strategy, cautions one payments consultant who encourages CUs to carefully map their payments future and learn from the past.
WASHINGTON, D.C. –The Consumer Financial Protection Bureau Thursday fined M&T Bank $3.1 million for deceptively advertising free checking accounts.
MADISON, Wis.— Elenita San Roque, CEO of the Asian Confederation of Credit Unions, Thailand, and Kristi Lozano, Financial Education Specialist at San Mateo Credit Union in California have been named winners of 2014 Network Empowerment Grants that will be used to improve the financial status of women in their communities.
TULARE, Calif.—Tulare County FCU has created a special low-interest loan program to help finance the high cost of drilling wells here as the ongoing drought continues to plague the region.
SPOKANE, Wash.—During its annual meeting here, the Northwest CU Association seated a new board.