The average credit union released its initial retail mobile banking app 3.51 years ago and 95.4% above $100 million in assets offer a mobile app according to a new benchmarking solution. Atlanta-based FI Navigator Corporation and Boston-based Sievewright &...
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?
Former Michigan CU CEO Charged with Embezzlement
Michigan authorities said Stanley Hayes, former CEO of the liquidated Valley State Credit Union, allegedly embezzled more than $710,000 from the Saginaw cooperative. Michigan Attorney General Bill Schuette filed 13 felony charges against the 45-year-old Hayes on...
3 Concerns Emerge From Risk Preparedness Report
Ransomware, phishing and social engineering top the list of current risks, according to an Experian report.
50 Years of Serving CUs and Just Getting Started
NAFCU's chair discusses the trade's efforts to help the CU industry log big wins and come through strong challenges.
In Memoriam: Elizabeth Hamilton, Industry’s Longest-Serving Volunteer
An early female credit union industry trailblazer and 60-year CEO of Summit CU passes at 92.
FocusReport: Fraud
Fraud comes in many forms these days, and credit unions should keep their eye on one in particular – auto loan fraud, which is expected to cause $6 billion in losses this year. Learn more in this Focus Report.