How CUs Are Responding to Bank Accusations 10/03/2021 07:19 pm ARLINGTON, Va.—With the banking industry zeroing in on the CU tax exemption with more attention than ever before, a new study from NAFCU seeks to quantify the value CUs return to consumers and the economy—a value the trade association says has been growing in recent years.
Major Commitment Needed to Help Credit Unions 10/03/2021 08:09 pm The National Credit Union Administration (NCUA) through its Community Development Revolving Loan Fund (CDRLF) recently awarded $1.5 million in grants to 105 low income credit unions (LICU). The grants are designed to help LICU expand outreach to underserved communities and improve digital services and security
Majority of FIs Say Differentiation Lies in Experience Over Products & Services, Survey Finds 10/03/2021 03:43 pm GENEVA, Switzerland–Four-in-five bankers (81%) believe financial institutions will seek to differentiate themselves on consumer experience rather than on their products and services in the next four years.
Bill That Would Expand Services into Underserved Communities Gets CUNA’s Support 10/03/2021 03:43 pm WASHINGTON—The Expanding Financial Access for Underserved Communities Act would ensure small businesses would be able to access the capital they need, CUNA wrote to the House Small Business Committee.
Texas Trust's Pickney To Retire 10/04/2021 10:26 am ARLINGTON, Texas – David Pickney, Chief Financial Officer of Texas Trust Credit Union, plans to retire this year, bringing to an end his distinguished career at the credit union.
Thanks to Home Runs, 1st United Donates $10K to Food Bank 10/04/2021 10:34 am PLEASANTON, Calif.–In its ninth season as official sponsor of the Oakland A’s Homeruns for Hunger program, 1st United Credit Union has donated $10,000 to the Alameda County Community Food Bank.
When Teams Score, UFCU Helping Students Score 10/04/2021 12:04 pm AUSTIN, Texas–University Federal Credit Union said it is partnering with Score For Scholarships.