Knoxville Teachers Federal Credit Union’s recent decision to add a remote electronic signature module to allow real-time loan-document signing online is already receiving a passing grade from its members. The $206 million credit union, which serves Knox County,...
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?
Bankrupt Puerto Rico Set for Fresh Hit From Hurricane Irma
Puerto Rico, already dealing with a financial disaster, is about to be hit with a natural one. Hurricane Irma is barreling toward the U.S. territory of 3.5 million residents, raising the prospect of costly damage to a poverty-wracked island that collapsed into a...
Learning Cultures Drive Business Impact
The strength of an organization’s learning culture can be the single biggest driver of business impact. In a learning culture, people develop their abilities, their technical skills improve and career advancement occurs. Learning and development...
Houston Credit Union Describes Recovery Efforts
CEO Randall Dixon outside ECCU's north branch. In addition to cleaning up a branch over the Labor Day Weekend that had been destroyed by three feet of rain dumped by Tropical Storm Harvey, the $227 million Energy Capital Credit Union is also providing its employees...
3 Ways to Revamp Your CU’s Life Insurance Offerings
A lack of consumer education, long, drawn out underwriting processes and widespread misconceptions around life insurance have provided significant headwind for credit unions seeking to provide members with important life insurance protection. But with September being...
CUNA Mutual Claims Climb From Harvey Disaster
CUNA Mutual Group said Thursday it has received 23 claims from credit unions affected by Tropical Storm Harvey. And while Houston and most of southeastern Texas continue to dry out, the number of reported credit union closures increased slightly from 60 on Thursday to...