You might not pick a job solely based on the perks and benefits the company offers, but you have to admit that some temptations are more compelling than others — and, when push comes to shove, the benefits can make the difference when choosing one...
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?
Mobile Banking Optimal for Lending Growth
Mobile banking allows credit unions to compete with larger financial institutions. It gives them a competitive edge and greater flexibility. It is also great for lending growth. A study by the Federal Reserve reported that “67% of millennials now use mobile...
Are You Financially Compatible With Your Loved One?
Love is free, but that’s not how your creditors see it. When couples open their credit card bills next month and see “they spent what!?” on Valentine’s Day, they may need to talk about their financial values before it leads to heartbreak. U.S....
Cybersecurity Creating Confusion Among Consumers
U.S. adults think retailers and credit payment companies should hold most of the responsibility for protecting their data used in online purchases but don’t expect companies to give-in to ransomware demands. In a new survey, “Hacking America: Cybersecurity...
Ent CU, Members 1st CU, Teachers FCU Reveal Promotions
This past week, nine credit unions announced new hires, retirements and promotions, including the PenFed Foundation, which hired a former White House liasion as director of communications and development. WEST The $4.7 billion Ent Credit Union in Colorado Springs,...
DOL Files to Delay Fiduciary Rule
As expected, the Department of Labor filed a notice Thursday with the Office of Management and Budget to delay implementation of its fiduciary rule via a Notice of Proposed Rulemaking. OMB reviews generally take from 10 to 14 days and then once OMB approves...