Filene: Years On Job, Accounting/Finance Background Don’t Help CEO Strategic Thinking 10/11/2015 05:00 pm MADISON, Wis.–Filene Research Institute has introduced new research it says shows credit union CEOs are great strategic thinkers, but there remains room for improvement.
Beacons & Heat Maps: What The Non-Financials Are Doing to Raise the Pressure 10/11/2015 05:01 pm ALPHARETTA, Ga.—A new white paper details how industries outside financial services are putting pressure on banks and credit unions to raise the service bar.
Grinch Arrives Early? Analysis Suggests Holiday ‘Anxiety’ 10/11/2015 05:02 pm LARKSPUR, Calif.—Concern over a slowdown in the job market is keeping consumers “financially anxious” and could lead to a decrease in spending during the upcoming holiday shopping season, one analyst reports.
RBC Rule Leaves CUs Uncertain About Future 10/18/2015 12:13 pm BIRMINGHAM, Ala.—Credit union executives and analysts were quick to react to the risk-based capital rules NCUA has approved, with many still worried about how the guidelines will impact the future of the movement.
NCUA, FTC To Host Twitter Chat For Consumers On Cyberattacks 10/18/2015 11:41 am ALEXANDRIA, Va. – NCUA is joining with the Federal Trade Commission to host a live Twitter chat on how consumers can protect themselves from cyberattacks.
First Service CU Rolling Out New Debit Rewards Program 10/11/2015 05:02 pm HOUSTON–First Service Credit Union has launched a new debit card rewards program, giving its members more opportunities to earn prizes and gifts for each purchase they make.
Plastic Feelings: Last Remaining Touchpoint Often Debit, Credit Card 10/18/2015 11:41 am CHICAGO—With 59% of U.S. consumers relying on their computer or mobile device for most of their banking needs, the lone physical touchpoint between FIs and account-holders now is often the debit or credit card, one new analysis is reminding.
Report Suggests Small Biz Ditch Traditional Accounts 10/11/2015 08:29 pm WASHINGTON—A new report indicates that small businesses should ditch their business savings and checking accounts in favor of less costly and higher-paying online personal accounts.
Regulators Just Want To See CUs Merged? It’s Just the Opposite, Stresses NCUA RD 10/11/2015 05:04 pm PORTLAND, Ore.–It is a common perception among credit unions that regulators want to see and encourage mergers among CUs. But Elizabeth Whitehead, NCUA’s Region V Director, was adamant that is not the case.
Enchanted Mountains CU Announces Membership Expansion 10/18/2015 11:42 am ALLEGANY, N.Y.–The newly named Enchanted Mountains Credit Union marked International Credit Union Day with an open house and an announcement of a membership expansion.