ATM transactions are typically two-dimensional experiences, but one company has plans to add a third dimension to the encounter and credit unions might get in on the action. Utah-based Prosperity Investments, which operates the Joyful ATM brand, announced this month...
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?
Teachers CU, Veridian CU Announce Hires & Promotions
Six credit unions across the nation began to close out summer by hiring new executives and promoting employees. Plus, Securian Financial Group and Share One, Inc. hired new executives. EAST The $1.1 billion Greylock Federal Credit Union in Pittsfield, Mass., promoted...
Northwest FCU Names New CEO
Northwest Federal Credit Union’s board has promoted Jeff Bentley (pictured) to president/CEO, replacing Chris McDonald who left unannounced earlier this year. Bentley, who has been serving as interim CEO for several months, was previously SVP of lending and...
What Does it Take to Make Employees Happy?
In this “age of the employee,” what does it take to make workers happy? Getting a decent paycheck still tops the list, according to Adecco USA’s Best-in-Class Workforce Management Insights. Adecco USA, in conjunction with Aberdeen Group,...
Online Romance Leads to $1.2 Million Fraud
An Ohio man allegedly used the allures of a romantic relationship to get a woman who worked at a California credit union to open nearly $3 million in fraudulent lines of credit that led to more than $1.2 million in losses, according an FBI cybercrimes investigator....
CUNA Mutual Economist: Mild Recession Possible in 2019
Credit unions should enjoy the good times now, and start preparing for a mild recession in 2019, CUNA Mutual Group chief economist Steven Rick said Thursday. The U.S. economy’s expansion is expected to continue at an annual rate of up to 2.4% into 2018, but U.S....