CUs Risk Losing Young Account Holders 12/16/2021 07:45 pm RANCHO CUCAMONGA, Calif.—Credit unions have long prided themselves on building trust with members, but that’s simply no longer enough to keep them in the fold—especially when more than half of young consumers have expressed an openness to making a move, says Suzette Kent.
Mortgage Lenders Once Again Expect Near-Term Profitability to Decrease 12/16/2021 07:41 pm WASHINGTON—For the fifth consecutive quarter, mortgage lenders expect near-term profitability to decrease, according to Fannie Mae’s Q4 2021 Mortgage Lender Sentiment Survey (MLSS).
Avadian Credit Union Purchases Bank 12/17/2021 06:39 am BIRMINGHAM, Ala.– Avadian Credit Union said it has entered into an agreement to acquire Citizens State Bank of Vernon, Ala., the banking subsidiary of Citizens Southern Bancshares, Inc.
CO-OP Reports New Enhancements to Springboard Card Servicing Solution 12/16/2021 09:05 pm RANCHO CUCAMONGA, Calif. – CO-OP Financial Services reported it has enhanced its CO-OP Springboard solution, which is the company’s proprietary card servicing application.
NCUA Urged by NAFCU to Take Action So CUs Aren’t Left Behind on Digital Assets 12/16/2021 07:40 pm WASHINGTON—NCUA is being urged to take action to ensure credit unions are not left behind as federal financial regulators move toward foundational federal digital asset regulation and legislation.