MADISON, Wis.–The narrative around small credit unions too often emphasizes “weaknesses,” even though some have successfully unlocked the secrets to thriving and growing, according to a trio of experts who have spent the last few years researching the state of small CUs.
BIRMINGHAM, Ala.—With potentially tougher economic times on the horizon, credit unions should brace for their high-FICO-score members to become big targets for the major card issuers in 2023.
LAKE FOREST, Ill.—There are 12 “key” overdraft pricing features that financial institutions must pay attention to, and the ways a bank or credit union uses—or does not use—these features has a big effect on OD revenue, according to one expert.
DETROIT—Expect more credit unions to buy bank branches this year and for one, somewhat untraditional, reason, according to Michael Bell.
WASHINGTON–CUNA wrapped up its Governmental Affairs Conference here with insights into the “generational shift” taking place in politics, with another CU-backed bill being dropped in the Senate, and with advice to look at CUs around the world for the examples they are setting, before sending attendees off to Capitol Hill to meet with their representatives.
WASHINGTON—Seven credit union professionals who have made significant contributions to the credit union movement and to the advancement of African-Americans were inducted into the African-American Credit Union Coalition (AACUC) Hall of Fame Tuesday night.
WASHINGTON–Four people honored with the highest awards in the U.S. credit union community have shared stories of seeing the worst in humanity help to bring out the best; of how the stories of members who have been helped help to reenergize credit union staff; of how one person who at one point thought of taking her own life and instead discovered new life in credit unions, and how one credit union has grown quite big by never caring about assets.
WASHINGTON–In one of the most eloquent descriptions ever heard of credit unions and the work they do, a CU audience here was told to not just make waves but to “splash, splash,” to spark new delight, and to really understand they own the “new gold in the digital world.”
WASHINGTON–CUNA will host what is annually the largest meeting of U.S. credit unions beginning this weekend when it kicks off its Governmental Affairs Conference.
RANCHO CUCAMONGA, Calif.—The shortage of payment card stock and chips that has led to a slowdown in card issuance this year at many credit unions is likely to continue through 2023, several sources have told CUToday.info.
