How One CU Is Riding Out The Taxi Medallion Value Decline—And Rising Defaults 02/09/2016 08:16 pm NEW YORK—At 40.91% capital, Progressive CU is easily in the best position of any credit union specializing in taxi medallion loans to ride out the assault by Uber and Lyft on medallion values and the resulting loan defaults.
Study Finds That North of Border Use Of Cash Has Headed South 02/09/2016 08:17 pm NUREMBURG, Germany—A new study indicates that in Canada credit cards and digital wallets are the preferred payment method over cash.
How To Make High-Tech Communication Pay Off 02/04/2016 08:14 pm ATLANTA—Expect credit unions this year to make greater use of two-way video to get members together with subject matter experts quckly and cost effectlvley.
Some Do's & Don'ts For Making E-Mail Marketing Work 02/09/2016 08:18 pm Email marketing is a great and cost-effective way to reach your target audience—both prospects and current members for cross selling opportunities.
VyStar Reports Error Messages Following Website Update 02/09/2016 08:18 pm JACKSONVILLE, Fla.–VyStar Credit Union’s website has been flashing error messages following an update this week, although problems have reportedly not been widespread.
Battle Creek Area Community CU Converts To CU*Base 02/09/2016 08:19 pm BATTLE CREEK, Mich.–Battle Creek Area Community CU has converted to the CU*Base data processing system from CU*Answers.
Don't Let This Opportunity Pass Your CU By 02/05/2016 08:57 am BIRMINGHAM, Ala./TALLAHASSEE, Fla.—LEVERAGE believes that too many credit unions are overlooking the growing the Small Business Administration (SBA) opportunity.
Midwest Biz CUSO, River In Asia Minor Now Have Something In Common 02/04/2016 08:16 pm RAPID CITY, S.D.–Midwest Business Solutions, a CUSO based here that specializes in business lending, is now operating under the name PACTOLA.
Washington’s Governor Calls CUs A ‘Pillar of Community Support’ 02/09/2016 08:20 pm OLYMPIA, Wash.–Washington Gov. Jay Inslee offered a strong endorsement for credit unions while speaking to the Northwest Credit Union Association’s Credit Union Day at the Capitol.
Akcelerant Says 2015 Was a Thriving Year For Sales 02/04/2016 08:17 pm MALVERN, Penn.–Akcelerant, a Temenos company and provider of software and services to the financial industry, is reporting it closed 2015 with another thriving year in sales.