Operating Efficiency Will Be Key 08/17/2021 10:31 am LAKE FOREST, Ill.—Not since Congress passed the Truth-In-Savings Act in the early 1990s has there been so much change in the overdraft market as what has taken place this year, says one economist, who adds credit unions need to respond with big cuts to their own overdraft pricing and by making large improvements to operating efficiency—or watch Walmart walk away with members.
Card Spending Surges, But No Reason to Worry at This Point, Says 1 Analyst 08/16/2021 07:41 pm ARLINGTON, Va.–One of the strongest indicators of pent-up consumer demand following the coronavirus-related lockdowns of 2020 can be seen in the surging credit card balances of many Americans. But one CU economist said he does not believe consumer card spending has hit a point where there is any reason to worry.
Looking for a Job? More Companies Now Requiring Applicants to be Vaccinated 08/16/2021 07:41 pm NEW YORK–It isn’t just credit unions that are moving to require employees to be inoculated against COVID-19, numerous other employers are now informing job applicants they will need to provide proof of vaccination if they want to be considered for a position, according to one new report.
Three People Plus 1 Organization Named DEI Trailblazers by AACUC 08/16/2021 07:46 pm SNELLVILLE, Ga.– The African-American Credit Union Coalition (AACUC) said it will recognize Pablo DeFilippi, Angela Russell and Maurice Smith as Diversity, Equity, and Inclusion (DEI) Trailblazers during a ceremony at its Annual Virtual Conference.
Mich. League, TRUE Community Help Provide $100K to The Launch Pad 08/17/2021 12:05 pm JACKSON, Mich. -The Michigan Credit Union Foundation, TRUE Community Credit Union, and Henry Ford Allegiance Health joined resources to give $100,000 to The Launch Pad, a mixed-use business incubator program.
