MADISON, Wis.—There are three issues every credit union will need to keep in mind as a rethinking of the entire credit union business model must take place while never wavering from the traditional CU roots of looking out for members’ best interests, according to one person with Filene.
PHOENIX—Where can you find fighting Orcs, wizards, elves, a magical staff and barbarians all on a smoke-filled battlefield? In a credit union TV commercial, of course.
WASHINGTON—The CFPB’s credit card late fee proposal appears to have more credit unions than banks up in arms over its proposal to limit credit card late fees, at least judging by comment letters filed with the Bureau.
DALLAS—The head of a crypto exchange is urging credit unions to recognize it’s never been more important to have sound knowledge of cryptocurrency and the platforms before entering into any sort of a partnership. Not having that knowledge can lead to potential some bruising of a CU’s reputation, he said.
DUNEDIN, Fla.–At a time when consumers’ confidence in cryptocurrency has been shaken, one credit union insists monitoring members’ interests in e-money is critical to setting a course for the CU’s digital future.
DES MOINES, Iowa—While more than half of all credit unions have committed to putting strong diversity, equity and inclusion (DEI) program in place, a new survey finds there is considerable work to be done when it comes to measuring the results those efforts are having not only internally but on the business.
TUCSON, Ariz.–There’s a very good chance the content of this news story wasn’t delivered to your social media channels because it doesn’t sufficiently outrage you—even though it should—and that’s a big threat and problem, according to the person who was behind the enormous leak of internal data from Facebook that led to congressional inquiries and more.
DALLAS—Following the collapse of several crypto platforms and the ensuing precipitous drop in consumer digital currency confidence, what’s the future for crypto at credit unions?
TUCSON, Ariz.–Credit unions gathered here were told if they really want to grow and prosper, they need to be thinking in terms of “costovation.” The best part: it’s usually cheap to do.
TUCSON, Ariz.–It’s time credit unions rethink everything when it comes to financial health and wellness, time to recognize the “financial” piece doesn’t stand alone, and time to realize well-intentioned financial literacy efforts just aren’t cutting it, according to one person who “implored” credit unions to make financial health a core strategy and who offered reasons why.
