NAFCU has begun measuring how credit unions view the overall financial and regulatory landscape through a Credit Union Sentiment Index. “The survey will be available to members each month and NAFCU encourages credit unions to participate," said NAFCU Chief...
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?
Biometrics Catching on With Credit Unions for Employees & Members
Reviews and ratings for biometrics at credit unions continue to show overwhelmingly positive results whether used to authenticate members at branches or on mobile devices, or employees logging in to workstations. Fiserv’s Verifast, Palm Authentication technology...
Former Minnesota CU CEO Denies Embezzling Millions
Margurite M. Cofell denied most of the allegations by the NCUA that she stole millions while she was the CEO of a the $51 million St, Francis Campus Credit Union in Little Falls, Minn., according to court documents her lawyers filed U.S. District Court in St. Paul on...
Cyberinsurance – Supply Chain Dilemma
A company's supply chain is an integral and sometimes complicated part of its business. As companies optimize their supply chains using interconnected technology, the cyberrisk of disruption and lost business multiplies. Where a third-party supplier is...
Credit Unions Gaining Market Share, Study Finds
Credit unions have snatched up market share in credit cards, personal loans, mortgages and auto loans since the first quarter of 2015, though only about one in four Americans has done business with a credit union, according to Experian’s 2017 State of Credit...
Protecting Your Benefit Plans Against Cyberattacks
Think only credit card data and bank accounts are the targets of cyberattacks? Think again—because employee benefits data is in the hackers’ crosshairs. That’s according to a report by the Society for Human Resource Management, which...