Federally insured credit unions experienced continued improvement in nearly every category during the fourth quarter of 2016 even though at the median, membership declined 0.1%, the NCUA said Wednesday. Nationally, median loan growth was 4% during the year ending in...
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?
New Tools to Manage EMV Chip Card Inventory: TMG
Payments processor TMG Financial Services announced Wednesday the availability of a new web-based tool to help credit unions better manage their plastic card stock. TMG, headquartered in Des Moines, Iowa said in a statement that this task has become more complicated...
ABA to Train Bankers to Run for Political Office
The American Bankers Association Tuesday announced plans to hold a two-day conference to help train bankers interested in running for state or federal office, The ABA will hold a two-day Candidate School intended to provide bankers with information on such issues as...
How Credit Unions Can Use Big Data to Drive Revenue
Many of you likely have heard the term "big data" thrown around, but may not be entirely clear on what exactly it means. In short, big data refers to the collection and use of a massive amount of information from a variety of sources that can be analyzed...
Trump Issues Order to Reorganize, Streamline Federal Agencies
President Donald Trump issued an executive order this week to reorganize and streamline the executive branch of government, which includes such federal agencies as the Securities and Exchange Commission and the Cabinet — including the departments of...
Self-Help FCU Buys Nine Chicago Branches
The $716 million Self-Help Federal Credit Union in Durham, N.C. said Monday it agreed to buy nine branches and $240 million in deposits previously owned by the largest African-American bank in the Midwest. The branches were operated by Seaway Bank in Chicago,...