An early adopter of LeadMe, which allows financial institution marketing and lending departments to generate, track, organize, and respond to incoming opportunities. increased its loan volume by 15% within two months. The $171 million, Alexandria, Va.-based InFirst...
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?
3 Men Face 100s of Years in Prison for CU Kidnapping, Robbery Cases
A man who kidnapped and terrorized credit union and bank executives, employees and their families to extort money from their financial institutions could face up to 300 years in prison. A federal jury in Knoxville, Tenn. last month found Michael Anthony Benanti,...
2 Men Face 100s of Years in Prison for CU Kidnapping, Robbery Cases
A man who kidnapped and terrorized credit union and bank executives, employees and their families to extort money from their financial institutions could face up to 300 years in prison. A federal jury in Knoxville, Tenn. last month found Michael Anthony Benanti,...
Credit Unions to Fight Trump Plan to Eliminate CDFI Program
Credit union trade groups Thursday vowed to fight President Trump’s plan to kill the Community Development Financial Institutions Fund (CDFI) program, as proposed in the administration’s FY2018 budget plan. “The Administration's dramatic...
PSCU Partnership Highlights Fight Against Call Center Fraud
Fraudsters keep trying their hand at duping call centers to access member accounts, but a new partnership between PSCU and an Atlanta-based company called Pindrop is calling attention to a new wave of audio technology that could help pinch dial-in criminals before...
Fed Interest Rate Hike a Welcome Sign for Credit Unions
The Federal Reserve’s decision to increase its key interest rate by a quarter point is a bit of good news for credit unions, economists said Thursday. And the expectation that the Fed will boost rates again this year is even better news, they said. "The...