HENDERSON, Nev.—Two credit union diversity experts believe the Me Too movement is going to have implications for CUs, too.
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WASHINGTON—As Americans prepare to mark Martin Luther King Day, one person is saying African-Americans who want to ascend to the CEO’s role at credit unions still face a “glass ceiling.”
PALO ALTO, Calif.—In less than 10 years no one will be talking about fintechs, as all of the concern, discussion and angst among credit unions today that fintechs will steal their members or somehow change the business model of banking will fade away.
FREDERICTON, New Brunswick–Credit unions here tested the honesty of local citizens and then used the results in a unique way to promote the values and brand of credit unions.
SCOTTSDALE, Ariz.—Is the checking account losing its luster in the eyes of consumers? One analyst says that FIs should start preparing for a time when the long-time bedrock checking account is no longer a source of solid, dependable cheap core deposits.
DOTHAN, Ala.—For Five Star Credit Union, it all comes down to the gross income. So much so, it has received a Raddon Crystal Performance Award six of the last seven years, and one of the biggest reasons for the success is the credit union is good at making money.
BOSTON—While lending at credit unions remains strong, CUs potentially face a pivotal point in their lending future, a new report suggests.
WASHINGTON—Don’t expect the tax bill next year to have a big impact on the economy, consumer behavior, and therefore credit unions, says one economist.
WASHINGTON—Has the celebration among credit unions over the preservation of the tax exemption in the new tax legislation caused them to completely miss another big issue–the competitive advantage banks have received?
LAKE FOREST, Ill.—The new tax bill will make 2018 a different year for credit unions for five reasons, according to one analysis.