When I was a naïve 27-year-old, I decided to move to the San Francisco Bay Area and took the first job offered to me there – despite looming red flags. The job was as a “marketing assistant” for a small publisher of technology books –...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
McWatters, Financial Regulators to Testify June 22
Acting NCUA Chairman and other financial regulators are slated to testify before the Senate Banking Committee on June 22 in the panel’s next hearing on how to redesign the financial regulatory regime. It will be the third hearing the committee holds on the...
5 Credit Union Growth Strategies
ORLANDO ---- While banks hold about 92% of the market share, Laura Vann, vice president of shared branching for Credit Union Service Centers of Alabama, sees this as huge opportunity for credit union growth. What fuels growth, industry research shows, is not simply...
Interest Rate Hike Shows Confidence in Economy: CU Economists
As expected, the Federal Reserve increased interest rates Wednesday—a move that signals confidence in the economy and it won’t hurt credit unions, economists said. “The Fed’s go-slow approach means credit unions can expect the economic...
Virtually Everyone Thinks Payments Fraud Will Get Worse, Survey Finds
Virtually all financial and payments professionals believe payments fraud is only going to get worse in the near future, according to a new survey by TD Bank. The survey, which polled attendees at April’s NACHA-The Electronic Payments Association conference in...
NAFCU Celebrates 50 Years of Service
B. Dan Berger opens the NAFCU Annual Conference & Solutions Expo in Honolulu NAFCU president/CEO B. Dan Berger opened the organization’s 50th Annual Conference and Solutions Expo on Wednesday in Honolulu. Berger expressed his excitement to the crowd about...