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PHOENIX–Here is the consumer conundrum for credit unions in a nutshell: They want to share their personal information, but they also want privacy, they want to use technology for everything, but want it to be personal. And they expect it to be perfect. 

WASHINGTON—The Fed along with the central banks of several other nations said they are exploring the creation of state-backed digital currencies that would allow consumers and businesses to have digital wallets from which they could buy, sell and trade.

PHOENIX–Credit unions really are in a “race to excellence” when it comes to digital transformation, and there’s no reason they can’t win, according to one person.

PHOENIX–There are six conversations around technology that every credit union management team needs to have—some are wonderous, some are scary, and some could go either or both ways.

NEW YORK–Credit union lending should remain strong if U.S. consumer confidence is any indicator. The latest Consumer Confidence Index released by the Conference Board shows confidence during April hit its second-highest level since 2000.

ST. LOUIS—Credit unions were told to prepare for change by a competitor that is driving much of that change–PayPal.

HARRISBURG, Penn.–PSECU has launched its second annual PSECU Gives Back campaign through which individuals vote to determine which one of four nonprofit organizations will receive popular vote-based financial support from Pennsylvania’s largest credit union. 

As we approach Veterans Day, it’s a time to reflect and honor our Nation’s heroes—the generations of men and women who have selflessly served in our armed forces. A tribute to these communities is not only offered by words of deep appreciation or gratitude, but through action.

DEARBORN, Mich.—The $7-billion DFCU Financial here has agreed to buy $794-million Winter Park National Bank, based in Winter Park, Fla., the CU reported.