CHICAGO—A new study indicates that a gap exists between digital consumer behavior and banking delivery—and that evolving to digital bank model could drive 5.6% more profitability.
Fresh Today
MADISON, Wis.--UW Credit Union reported it has taken a $13.1 million charge-off as part of a "loss contingency" related to what it believed to be USDA-backed loans.
BIRMINGHAM, Ala./TALLAHASSEE, Fla.—A new survey shows that the League of Southeastern Credit Unions & Affiliates’ cooperative image campaign continues drive members in large numbers to CUs in Alabama and Florida.
WASHINGTON – So-called “debt settlement” continue to market “dubious” services to consumers, despite extensive criticism from government agencies and regulators, the media and consumer groups, according to the Consumer Federation of America, which has issued a new statement urging consumers to beware of companies offering to cancel or reduce their debts.
BROOKFIELD, Wis.—Fiserv has released a white paper with recommendations for how banks and credit unions can maximize mobile banking adoption and usage rates among consumers.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) said it is concerned that traditional banks and other providers are taking steps that are hurting so-called money services businesses (MSB), which include check cashers, and as a result hurting certain consumers.
MADISON, Wis. – The CUNA Human Resources, Training and Development Council is now accepting entries for its 2015 Excellence Awards, which recognize credit unions that exemplify excellence in the human resources and training disciplines and that serve to promote credit union philosophies through people leadership.
JACKSONVILLE--Community First Credit Union has won naming rights to the field on which the Jacksonville Armada will be playing for the next three years.
ARLINGTON, Va.—The Credit Union Cyber Security Symposium got underway here with attendees hearing from security experts who shared plans and strategies for credit unions to protect themselves before and after a data breach occurs. The two-day event is being hosted by NASCUS in partnership with CUNA.
CHICAGO—A new study offers some insights into where financial institutions plan to make their investments over the next few years.