OMAHA, Neb.–Credit unions looking to either fend off competition from BNPL offerings and to boost their own credit cards will want to pay attention to a new survey for several reasons.
THE boost
HARRISBURG, Penn.–PSECU has launched what it is calling its $4K Sweepstakes, which offers new members a chance to win $4,000 when they join and get free checking.
WASHINGTON–Rapidly changing consumer attitudes make it clear credit unions will need to move even faster in 2022 and beyond when it comes to auto lending and relationships with not just dealers, but manufacturers.
NEW YORK— Is your credit union planning a big card promotion for 2022? A new study offers some guidance.
OLYMPIA, Wash.—One credit union that has integrated climate change risk into its governance, risk management, and strategic planning processes says the business impacts from weather events can no longer be set aside.
COSTA MESA, Calif.–Credit unions looking to get more cards into the hands of small business members will want to pay attention to new findings from J.D. Power.
CHICAGO–As credit unions look for new ways to promote financial inclusion efforts in the new year, TransUnions is reporting a new analysis underscores the importance of rent payments as an alternative credit data asset and how this information can provide greater insight into future consumer credit performance.
RANCHO CUCAMONGA, Calif.–One of the largest CUSOs in credit unions is changing its name. CO-OP Financial Services is now Co-op Solutions.
RYE, N.Y.—Should credit unions look more like neobanks? At least four CUs believe the strategy is not only good for their futures, but the futures of many underserved Americans, and they have introduced what they hope will become a national initiative open to other credit unions.
BALTIMORE—One credit union that outsourced its indirect auto lending business says it views dealerships as branches of the credit union.