EAU CLAIRE, Wis.—For several years Royal Credit Union has delivered financial counseling to inmates at local correctional facilities, and the program is not only making inmates better managers of their money when they re-enter society, but also better managers of their own lives.
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CHICAGO—One credit union that's heavily involved with fintechs has a recommendation for other credit unions looking to do the same: establish an executive position to oversee the efforts.
KOLOA, Kauai–A broad, intriguing, sometimes frightening and at other times encouraging overview of how technology is changing lives and cultures was shared with credit unions here.
BOULDER CITY, Nev.–The value to and opportunity in serving the “rainbow market” can not only be seen in the hard data, but in the softer payoffs as well, according to an executive with Visa.
MADISON, Wis.—How many of the homes along America’s coasts will be there in 30 years as sea levels continue to rise and shorelines erode? Or, how about the credit unions themselves?
RANCHO CUCAMONGA, Calif.—Problems from the microchip shortage are now knocking on the doors of credit unions, and some may not have been ready to address the matter, says Co-op Solutions.
LAKE FOREST, Ill.—The “1 Million+ Checking Account Club” may be one many credit unions will never belong to, but that doesn’t mean it doesn’t offer some lessons every credit union can learn from, according to one economist.
LOWELL, Mass.—One credit union says while physical fitness centers can be found across the country, no financial wellness “gyms” have emerged to keep Americans in sound financial shape—so it has introduced one of its own.
MADISON, Wis.—Credit unions have been offered some strategies for reducing employee turnover, specifically how to reduce employee burnout and feelings of loneliness—while also potentially helping members who may be in distress, as well
MEMPHIS, Tenn. — The $1.1-billion Orion FCU’s deal to acquire $751-million Financial Federal Bank is on again, following a legal challenge by the Tennessee Department of Financial Institutions that temporarily blocked the sale. The DFI’s challenge was dismissed late last week.