Creating New Market Strategies Aimed at Millennials

As millennials grow into the largest cohort in the United States, financial institutions must shed the same marketing tactics used for decades and re-vamp for its most important target market. That is the message delivered by David Lester, managing director and...

CU Orgs Forecast Rosy Outlook Under Trump

President Trump’s expected surge in government spending and tax cuts will help credit unions maintain high earnings in 2017 as interest rates and loans rise, two credit union groups reported. CUNA Mutual Group on Wednesday predicted the U.S. economic growth will...

Keep Politics Out of CFPB: Cordray

The CFPB must remain above the political fray to be able to effectively do its job, embattled Director Richard Cordray said Tuesday. “It has to be something that has to be kept separate from partisan politics and big-money special interests that would quash it...

What Will Trump’s Executive Order Mean for Employers?

While Congressional Republicans appear far from united on how to proceed with a plan to fully repeal and replace the Affordable Care Act, President Donald Trump wasted no time putting in place an executive order that could significantly impact existing...

Despite Legal Setback, ICBA Vows to Continue CU Fight

Having been dealt a setback in federal court, the Independent Community Bankers of America is vowing to “level the tax and regulatory playing fields” between banks and credit unions “through all appropriate avenues.” ICBA President Camden Fine...

2016: A Slow Year for Credit Union Mergers

2016 was a slow year for credit union mergers. The NCUA approved 200 consolidations last year. That’s down from the 238 approved mergers in 2015, and much lower from the 262 mergers in 2014 and the 258 mergers approved by the federal agency in 2013. At the end...