Money 20/20 Puts Scope of Fintechs in Focus 10/25/2022 08:16 am LAS VEGAS–Still dismissing fintechs? Those CUs that have played down or even dismissed the warnings over the threats to their member relationships as presented by financial technology companies will want to take a hard look at the trade show of one conference here, which is five times the size of the largest event in the U.S. credit union community and which is wall to wall with companies eager to put the “disintermediate” in member “disintermediation.”
PenFed Reports Strong Q3 Financials 10/25/2022 12:09 am TYSONS, Va.— PenFed Credit Union is reporting that during the third quarter of 2022 it attracted nearly $1 billion in new shares, and increased net worth by 30 basis points since the second quarter of 2022.
Ocala Community CU Opens New ATM 10/25/2022 12:07 am OCALA, Fla.–Ocala Community Credit Union said it has installed a new American-made TRITON ARGO ATM replacing the older ATM at the Citizen’s Center across from the Downtown Market.