CHARLESTON, W.V.–Credit union CEOs across the country seem to have a chip on their shoulders when it comes to a big investment they have made.
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ST. PETERSBURG, Fla.—More than a year into the U.S. EMV migration, the debate is anything but settled over whether credit unions are getting the value they had been told to expect from chip cards.
WASHINGTON—What will President-Elect Donald Trump’s announcement that during his first 100 days in office he wants to see two federal regulations eliminated for every new regulation enacted mean to credit unions?
PLATTSBURGH, N.Y.—Credit unions aren’t leaving the holiday week special offers just to retailers. Many CUs are encouraging members to get their holiday financial shopping done early this year with deals starting today—and the best offers going to those who show up the soonest.
LAKE FOREST, Ill.—Small business lending among all FIs has yet to climb back to pre-recession levels, and the issue is bigger among smaller banks and CUs.
SAN ANTONIO—How can financial institutions offer easy accessibility, especially in online payments, while still maintaining the most effective security possible?
ALEXANDRIA, Va.–At its meeting here, the NCUA Board approved a two-year budget, decreased the Overhead Transfer Rate for next year, was told a premium is likely going to be necessary to shore up the NCUSIF's equity ratio, and got an update on the health of the NCUSIF itself.
DETROIT—One Detroit CU is cutting auto loan rates in half for members with low FICO scores, and in the process is picking up some of its most dependable borrowers.
PHOENIX—A credit union doesn’t always need a full-blown educational campaign to improve cardholders’ spending habits. Sometimes, just a simple, common-sense message can do the trick.
DES MOINES, Iowa—Another expert is recommending that CUs consider plans for adjusting credit card programs, possibly moving from a fixed to variable rate and adopting risk-based pricing.