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Awakon Federal Credit Union

Awaken FCU promotes loans, financial checkup. 

TRAVERSE CITY, Mich.—The average cost of a data breach has now reached $4 million, up 30% from 2013, according to a recent IBM Security and Ponemon Institute study.

MADISON, Wis. — The theme for 2016’s International Credit Union Week theme has been announced: “The Authentic Difference.” According to the World Council of Credit Unions, the theme celebrates “what makes credit unions truly unique.”

AROUND THE WORLD–Credit union staff from around the U.S. and Africa marked the first Development Educator (DE) Day of Service last week, with projects ranging from assisting at food banks, to building bicycles to even creating boomerangs.

SEATTLE–Why should anyone join your credit union? What can you do when prospects express zero interest in becoming a member? The Gap, Tesla and Apple have some strategies on responding to those challenges.

SEATTTLE—From measuring the impact new members have on the CU’s bottom line to a new concept that lets credit unions with limited resources offer more products through collaboration, the Filene Research Institute outlined some of the “hottest” ideas in its pipeline.

NASHVILLE–It’s been a challenging but ultimately successful last dozen years for Arlington Community Federal Credit Union in Virginia, which went through years of negative earnings and even told NCUA at one point it simply wouldn’t accept a Letter of Understanding and Agreement.

MARLBOROUGH, Mass.—Members of the Cooperative Credit Union Association (CCUA) have voted in favor of a merger with with the Delaware Credit Union League.