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...
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?
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...
Credit Unions, CUNA Mutual Group Hire New Talent
Seven credit unions recently announced staff moves to take their business to the next level. Plus, CUNA Mutual Group hired two new executives. WEST Robert D. Ramirez, president/CEO of the $1.8 billion Vantage West Credit Union in Tucson, Ariz., was appointed to...
Tablets as a Cure for Members Needing Cards Instantly
Brookfield, Wis. Fiserv, launched its Instant Issue Advantage wireless tablet solution, putting instantly issued and activated cards in the hands of verified financial institution cardholders to begin using right away. Instant Issue Advantage wireless tablet...
What’s $1.8 Billion (At Least) Between Friends?
The NCUA has proposed merging the Temporary Corporate Credit Union Stability Fund into the National Credit Union Share Insurance Fund, and soon. And for the first time the regulator has asked credit unions themselves for input on how it’s managed those two funds...
Bitcoin Exchange Sees Complaints Soar as Users Demand Money
The most popular online exchange for trading digital currencies is generating a surge in customer complaints this year even as investors are lured by a dramatic rise in prices. The CFPB has received at least 293 complaints about Coinbase Inc., according to data...

