WASHINGTON—A question nearly a decade in the making has been met by the two credit union trade groups on opposite sides of the answer.
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SAN DIEGO–How should credit unions be planning for the “shape of things to come?” One strategist is offering some advice.
LAKE FOREST, Ill.—For the first time in history, consumers are swiping their debit cards more than they are using coin or currency, ushering in a “new banking era,” according to a new study.
MONTGOMERY, Ala.–College football is back, and as the 2017 season gets underway credit unions across the country are doing more than just taking games in on TV.
ST. PETERSBURG, Fla.—The World Economic Forum predicts the gender gap will not close entirely until 2186, as men will continue to dominate leadership positions in companies across America. But what about at credit unions?
LOMBARD, Ill.—Don’t expect a big impact on loan portfolios from the credit bureaus’ new scoring metrics, which are raising consumers’ credit scores, say analysts who see the change as more of a marketing opportunity for credit unions.
TAMPA, Fla.—What is so interesting about payments, says Robert Hackney, is that most of the change in the space within the last 20 years has occurred in the last five.
MEMPHIS, Tenn.—Credit unions must pay close attention to the third-party contracts they are signing for new and emerging payments channels, because if they don’t, they are going to pay too much for vendor support in the years to come, one person is warning.
LAKE FOREST, Ill.—More than 50% of depositories make money on business checking accounts. In contrast, less than 7% of consumer checking portfolios make money for institutions, a new report reveals.
CHICAGO—In keeping with today’s solar eclipse, which will leave portions of the U.S. in varying degrees of darkness for a brief period, CUToday.info asked credit union CEOs: What do you feel you are in the dark about? That is, areas of their business, or maybe an emerging technology that they sometimes feel they are not as informed about as they would like to be.