Why Some Employees May Feel Underrepresented 05/03/2024 12:16 am DETROIT—Labor unions may be making a comeback across the country as some reports have stated, and one of the targets of their efforts is credit unions, according to one labor relations attorney, who explained that whether workers are considering union representation or not, all organizations need to focus on listening better to their employees.
Implications for CUs, Members Unclear After Hearing Confirms Breach Could Affect as Many as One-Third of Americans 05/02/2024 08:33 pm WASHINGTON—While information remains incomplete on just how big the risk might be for credit unions and their members, UnitedHealth Group has acknowledged that up to one-third of Americans could have had their personal data stolen as part of a data breach earlier this year.
Credit Unions Tell Congress CU Acquisitions of Banks Represent Just Small Part of Activity in Market, And They Provide Benefits 05/02/2024 08:32 pm WASHINGTON—Critics of credit union acquisitions of banks are conveniently ignoring the benefits, according to America’s Credit Unions.
Allied Solutions, FINOFR Launch Newly Integrated Vehicle Protection Reset Solution 05/02/2024 09:24 pm CARMEL, Ind.–Allied Solutions is reporting that it and its partner, FINOFR, have launched a new integration called Vehicle Protection Reset, which merges FINOFR’s platform with Allied’s iQQ and Direct Impact Marketing solutions.
Banks Tighten Underwriting on Lower-Income Customers as Delinquencies Rise 05/02/2024 08:36 pm NEW YORK—Lower-income consumers are increasingly struggling to keep up with their loan payments, according to recent data and bank executives, and the result is banks have tightened underwriting on loans for the segment, according to a new report.
WOCCU Introduces ‘Global CU Professionals Online Networking Series’ 05/02/2024 09:25 pm MADISON, Wis.— The World Council of Credit Unions’ (WOCCU) said it has launched the “Global Credit Union Professionals Online Networking Series.”
Trust? That’s Nice, But We Put More Value in Rewards, Interest Rates and Perks, Americans Say 05/02/2024 08:33 pm NEW YORK—Americans place more importance on credit card features, like rewards, interest rates, and other perks, than how much they trust a credit card issuer, according to a survey from The Motley Fool Ascent.
Charter Oak FCU Named Among the Top Mortgage Lenders 05/02/2024 09:25 pm WATERFORD, Conn. –Charter Oak Federal Credit Union has been named one of the 2023 Top Lenders in The Commercial Record’s annual ranking of the top mortgage lenders among Connecticut’s credit unions, banks and mortgage companies.