WASHINGTON–Credit unions that work to keep their members ahead of scams have yet another new one to add to the list: Quishing.
Fresh Today
ALEXANDRIA, Va.–When the National Credit Union Administration board meets on Thursday it could propose a new rule to require federal credit unions to provide information on executive compensation to their members.
LEXINGTON, Ky.–A credit union CEO told a field hearing held by the House Financial Services subcommittee on Financial Institutions and Monetary Policy that fintech partnerships are key to smaller institutions being able to provide services, and that regulators need to proceed cautiously.
NEW YORK–Chase Bank, the nation’s largest financial institution, is warning that if new rules capping overdraft fees on checking accounts and late fees on credit cards are enacted, those services are going to become significantly more expensive for consumers.
MINNEAPOLIS — Target has become the latest national retailer to announce it will longer accept personal checks. The policy will go into effect July 15, in yet another sign of how the once ubiquitous payment method is fading away.
DUBUQUE, Iowa–Dupaco Credit Union said it is partnering with the Federal Home Loan Bank of Des Moines on a new Mortgage Rate Relief program that provides eligible members with a rate reduction on their mortgage.
BOSTON–Credit unions frequently talk about innovation, but how do members define being innovative? The answers will likely surprise many, as two people here demonstrated, stressing there is a good reason CUs should care about how they are perceived by members when it comes to innovation.
BOSTON–How does a credit union tackle strategic planning in an “everything everywhere all at once world?”
DUBLIN, Calif.–Two weeks after a ransomware-led outage that began June 29, Patelco Credit Union is reporting its members will have access to online banking and its mobile app effective Monday, July 15.
BOSTON—America’s Credit Unions will host its first-ever annual general meeting July 22 in conjunction with the World Credit Union Conference in Boston.