by GrafWebCUSO | Feb 13, 2017 | News
Mobile banking allows credit unions to compete with larger financial institutions. It gives them a competitive edge and greater flexibility. It is also great for lending growth. A study by the Federal Reserve reported that “67% of millennials now use mobile...
by GrafWebCUSO | Feb 13, 2017 | News
Love is free, but that’s not how your creditors see it. When couples open their credit card bills next month and see “they spent what!?” on Valentine’s Day, they may need to talk about their financial values before it leads to heartbreak. U.S....
by GrafWebCUSO | Feb 13, 2017 | News
U.S. adults think retailers and credit payment companies should hold most of the responsibility for protecting their data used in online purchases but don’t expect companies to give-in to ransomware demands. In a new survey, “Hacking America: Cybersecurity...
by GrafWebCUSO | Feb 13, 2017 | News
This past week, nine credit unions announced new hires, retirements and promotions, including the PenFed Foundation, which hired a former White House liasion as director of communications and development. WEST The $4.7 billion Ent Credit Union in Colorado Springs,...
by GrafWebCUSO | Feb 10, 2017 | News
As expected, the Department of Labor filed a notice Thursday with the Office of Management and Budget to delay implementation of its fiduciary rule via a Notice of Proposed Rulemaking. OMB reviews generally take from 10 to 14 days and then once OMB approves...
by GrafWebCUSO | Feb 10, 2017 | News
New York’s tenth largest credit union by assets, the $1.7 billion Melrose CU, was placed into conservatorship Friday by the New York State Department of Financial Services, which appointed the NCUA as the conservator, according to the federal agency. The state...