THE feature

LAKE FOREST, Ill.—A new study shows credit unions are generating much more fee income from their checking accounts than banks or thrifts.

TALLAHASSEE, Fla.—“Unbelievable” is the only word Patrick LaPine says he can find to describe the aftermath of Hurricane Michael.

MADISON, Wis.—With the Gulf Coast of Florida still surveying extensive damage from Hurricane Michael, and with flooding still occurring in saturated North Carolina following Hurricane Florence, it’s time for credit unions everywhere to grasp the “new normal,” according to CUNA Mutual.

ORLANDO, Fla.–There is a sweet lesson for both credit unions and CU leaders in a Cinnabon. Or, more specifically, in how a company that was rapidly going stale turned itself around. 

ORLANDO, Fla.–Forget about fintech. Ditch those “clichés” otherwise known as best practices. And realize what you strongly believe doesn’t apply to what you or your organization actually likely does. Do those things, and you’ll begin to understand what’s necessary to really innovate and grow, according to one authority on management and innovation.

LAKE FOREST, Ill.—Consumer checking account balances in the past year have soared to record levels at credit unions even as balances in bank checking accounts have been falling, a new report reveals.

GARDNER, Mass.–GFA FCU here just opened its doors to serving the cannabis industry, and does so knowing it is taking a risk.

BIRMINGHAM, Ala.—Whenever Walmart makes a major move, all other retailers, including FIs, must pay attention, which is why the company’s recently filed patents deserve prompt attention, according to one person.

PETERBOROUGH, N.H.—Rising credit card delinquencies and charge-offs have yet to spur major concerns among lenders, but one analyst cautions that rising rates could be masking deeper problems.

LAKEWOOD, Colo.—A company that specializes in providing back-office support for credit unions says data analytics is the next big opportunity for CU collaboration, possibly as big an opportunity as shared branching was years ago.