Credit Unions Gaining Market Share, Study Finds

Credit unions have snatched up market share in credit cards, personal loans, mortgages and auto loans since the first quarter of 2015, though only about one in four Americans has done business with a credit union, according to Experian’s 2017 State of Credit...

Protecting Your Benefit Plans Against Cyberattacks

Think only credit card data and bank accounts are the targets of cyberattacks? Think again—because employee benefits data is in the hackers’ crosshairs. That’s according to a report by the Society for Human Resource Management, which...

San Francisco FCU Names New CEO

The $1 billion San Francisco Federal Credit Union said Monday it appointed Jonathan Oliver as president/CEO. He succeeds Steven Stapp who left San Francisco FCU last year to become the president/CEO of the $1 billion Unitus Community Credit Union in Portland, Ore....

Credit Union Hits the Gas With Online Car Buying

Consumer interest in buying cars online is flourishing, and one credit union’s plan to capitalize on that trend is highlighting just how much the internet is changing the way credit unions operate in the digital era. Earlier this month, Orlando, Florida-based...

Reign In CFPB, Redesign CU Rules: Treasury Department

Financial regulators and Congress have done a poor job of tailoring regulations to the size of financial institutions, the Treasury Department said Monday, in calling for many of the changes long advocated by credit unions. “As banking regulators are approaching...