While CUNA officials started the year predicting a 2.5% economic growth rate, they're now hoping they were too optimistic. Bill Hampel, CUNA's chief policy officer, said an economy that is too hot might cause the Fed to raise rates more aggressively, chilling the...
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?
Face Time Is Real Time
In a recent article published in CU Times, David Baumann writes of a conversation he had with a credit union lobbyist who works for one of the national credit union trade organizations. In response to a question as to why credit unions have not had any face time with...
Moving to Vertical EMV Cards: Advance Financial FCU
Schererville, Ind.-based Advance Financial Federal Credit Union announced last week that it began issuing a new Visa EMV debit card with a vertical orientation — a rebellious graphics-design maneuver highlighting some of the pros and cons of quite literally...
Employer Social Media Screening at All-Time High
Post responsibly, as employer screening of candidates’ social media posts is at an all-time high, according to a CareerBuilder survey of 2,300 hiring managers and human resource professionals. Nearly three-quarters (70%) of...
Life Assets Grow More Slowly Than U.S. Wealth: Fed
The Federal Reserve Board headquarters in Washington (Photo: Thinkstock) The Federal Reserve Board says assets at U.S. life insurers grew a little in the first quarter, but not as much as overall U.S. wealth. Life insurers held $4.35 trillion...
Credit Unions Have a Perception Problem
Credit unions have a lot of explaining to do. That was a key takeaway CUNA President/CEO Jim Nussle told credit union professionals during the final general session of the Southeast Credit Union Conference in Orlando on Friday. Nussle revealed what he called...