What’s Keeping Average Asset Yields Trendline Flat? 08/31/2015 08:28 pm MADISON, Wis.—An interesting “phenomenon” is occurring now with the average asset yields trendline at credit unions—they are flat during a period in which credit unions are replacing low-paying investment dollars with new loans, noted one economist.
New Insights–And Caution–Shared On Executing an Omnichannel Strategy 09/09/2015 10:52 pm SAN DIEGO–If a group of credit unions and banks who were meeting here are a representative sample, then most financial institutions are making investments in an omnichannel banking strategy, but none feel they are anywhere close to reaching their objectives.
New York Judge Dismisses Uber Lawsuits 09/10/2015 09:43 pm NEW YORK—Credit unions that make taxi medallion loans in New York City were dealt a tough blow Wednesday when a city judge ruled against three lawsuits that alleged Uber is operating illegally in the Big Apple.
NCUA Repeats: Move To 18-Month Exam Schedule Not Coming In Next 18 Months 09/10/2015 08:25 pm MARLBOROUGH, Mass.—In a letter to the Cooperative Credit Union Association, NCUA has reiterated its position that it will not be moving away from the 12-month exam cycle anytime soon.
CU’s Fund For Fire Victims Tops $100,000 09/10/2015 08:25 pm JOHN DAY, Ore. — Old West Federal Credit Union’s fund victims of the Canyon Creek Complex fire has now topped $110,000.
Companies Join To Offer Charitable Donations Through ATMs 09/10/2015 08:26 pm BROOKLYN, N.Y.– Access One ATM, an ATM service provider, said it is partnering with ATM manufacturer Genmega to provide charitable donations at the ATM through a new program called “Charity ATM.”
Merchants Picking Up EMV Pace In Advance Of Oct. 1 Deadline 08/31/2015 09:14 pm TAMPA, Fla.—Today marks 30 days and counting until the EMV liability shift deadline on Oct. 1, and it appears as if more merchants will be EMV enabled at POS than originally projected.
New Branding Unveiled By St. Cloud FCU 09/10/2015 08:27 pm ST. CLOUD, Minn.–St. Cloud FCU has unveiled new branding, including a new logo and tagline, “Bank on a meaningful difference.”
