LOMBARD, Ill.—Changing consumer behaviors and new, nonbank competitors require that financial institutions rethink their checking products, Raddon Financial Group asserts.
Fresh Today
ARLINGTON, Va.–As CUToday.info reported here, there continues to be considerable confusion among consumers and even merchants over the new EMV cards that are being rolled out nationally.
AUSTIN, Texas–The Texas Credit Union Department is mulling a number of amendments to rules for state charters around the issue of field of membership.
TAMPA, Fla.—Suncoast Credit Union has launched a new private health insurance exchange portal.
MADISON, Wis.—The peer-to-peer lending market is surging within the broad financial services market. In response, a new report from Filene Research Institute and Credit Union Central of Canada, Peer-to-Peer Lending and the Future of Cooperation, encourages credit unions to develop strategies to embrace, adapt to, or defend against peer-to-peer lending.
CHICAGO–Are you still haunted by a ghoulish memory at your credit union (or business)? Perhaps a former employee without a ghost of understanding about what it meant to be a good co-worker or serve members? A zombie-like practice that refused to die? A former member goblin’ up resources and time with their demands and requests?
TOLEDO, Ohio–Lucas County (Ohio) commissioners have voted in favor of providing a $100,000 grant to the new Toledo Urban FCU, which is seeking to begin providing services to an underserved portion of Toledo.
ALEXANDRIA, Va.–Despite some loss of momentum in the third quarter, forecasters expect the U.S. economy to grow moderately over the next 18 months and for the unemployment rate to continue to decline, according to a new Economic Update video released today by the National Credit Union Administration.
EL SEGUNDO, Calif.–Xceed Financial Credit Union has launched a new CUSO called Global Enterprise Resource Group, or Global, that will offer what it said is a “one-stop shop” for CUs to meet portfolio goals and improve balance sheets.
WASHINGTON—NAFCU, CUNA and two other financial trade groups have sent a letter to Senate Majority Leader Mitch McConnell and Minority Leader Harry Reid urging them to strongly support the Senate’s passage of S. 754, the “Cybersecurity Information Sharing Act (CISA).”