AMARILLO, Texas—As the massive wildfires in Texas are brought under control, one credit union says it is now working to address the growing needs of members who have been affected by the historic fires, which have torched about 2,000 square miles of grasslands that feed tens of thousands of cattle.
RANCHO CUCAMONGA, Calif.—After fintechs saw explosive expansion over the last few years, credit unions are now poised for “massive growth” as consumers’ perception of service is swinging back their way, according to a forecast from PSCU/Co-op Solutions.
DES MOINES, Iowa—Credit unions should brace this year for greater regulatory scrutiny of their websites, according to one company, which is sharing some of the common mistakes CUs are making on their digital face and ways to correct them.
WASHINGTON–The threats related to card interchange are so vast it required an eight-person panel to cover them. And among the points shared: even as efforts are underway to reduce interchange income, for most credit unions, interchange doesn’t cover costs.
WASHINGTON–The highest honors in U.S. credit unions were presented to one organization and three individuals, recognizing a foundation started by refugees who are assisting new refugees; a former CEO who had to learn the value of relationships; another former CEO who focused on a “brighter future” for everyone, and a CEO has had to turn branches into places to live and who challenged credit unions to “do better.”
WASHINGTON–Have you gotten frustrated, perhaps in your career? Feeling anxiety? Are you fearful of what’s ahead? You’re not alone, according to one person, who said you have two choices in response and who outlined what she recommended is the best strategy for moving forward.
WASHINGTON–For the first time since the early 1970s, CUNA will not be hosting the Governmental Affairs Conference (GAC) when the event kicks off this weekend—instead, America’s Credit Unions will stage its first-ever GAC.
MADISON, Wis.–It’s Leap Day. For credit unions, their members and many other people around the world, it’s a once-every-four-years event with implications on everything from interest paid on deposits to “free” subway rides to possibly even a small boost to GDP, two economists told CUToday.info.
CARMEL, Ind.—The resumption of payments on federal student loans is going to lead to two issues credit unions are going to need to confront: more auto loans headed for default and, for many borrowers, issues that have already led to litigation related to reimbursements not being paid, Allied Solutions is cautioning.
RANCHO CUCAMONGA, Calif.—Much of the work flexibility driven initially by the pandemic is not just here to stay, employees now expect it, whether it’s full-time work from home positions or just a few days in the office. But how all of this change will ultimately play out is still progressing, according to one person with PSCU/Co-op Solutions, which has been learning a few lessons of its own.
