The political winds are blowing, not from west to east or even east to west. Actually, I’d say they are blowing from the middle of America outward. My roots are in Arkansas – I was born and mostly raised there through the 70s and 80s. My grandfather ran...
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?
Economic Impact of Western CUs Rivals Corporate Giants, Study Says
California and Nevada credit unions have a combined economic impact equal to that of Kraft Heinz, General Mills and Xerox, according to new research by the California and Nevada Credit Union Leagues and economic consulting firm ECONorthwest. The research,...
PenFed Expands Insurance Offerings
The nation’s third largest credit union began offering new insurance products to its members, a growing industry-wide trend that can help boost non-interest revenue. CUNA Mutual Group said Wednesday that the $21.3 billion Pentagon Federal Credit Union in...
Purpose and Values Are Not Buzz Words
Now, more than ever, senior leaders must adhere to their values and organizational purpose to create and maintain employee and stakeholder trust. PricewaterhouseCoopers has been surveying CEOs for 20 years to gain their perspective on major trends affecting industry...
Video Tellers & Mobile Take Self-Service to the Next Level
Self-service, available for some time at retail locations such as grocery stores, gas stations and credit unions, now provides more virtually-assisted capabilities, through interactive teller machines and mobile, than ever before. By moving transactions from standard...
Wright-Patt CUSO Begins Servicing Mortgages
As part of a plan announced last fall, myCUmortgage announced Tuesday that Beavercreek, Ohio, CUSO has begun servicing new mortgages for credit union partners. MyCUmortgage, which is wholly-owned by Wright-Patt Credit Union ($3.5 billion in assets, 332,205 members),...