Credit Unions Receive $33.6 Million in Grants

Twenty-three credit unions in 17 states received $33.6 million from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund. The grants were announced last month by the National Federal of Community Development Credit Unions. The...

Building Stronger Member Relationships, Digitally

In a world rapidly becoming more technologically focused every day, it is increasingly important to direct efforts toward building and maintaining strong, personal relationships with your credit union members digitally. While the virtual space might seem like a...

Credit Union Declines Wendy’s Card Use

One Michigan credit union announced they are temporarily declining any use of its credit and debit cards at Wendy’s restaurants.  The $301-million Jackson, Mich.-based American 1 Credit Union stated that this new policy will go into effect on October 3...

Hurricane Matthew Aftermath Impacting Credit Unions

Though Hurricane Matthew has gone out to sea, the effects of it continue to endanger communities with record floods up and down the east coast of North Carolina. Mike Lord, president/CEO of the $33.7 billion SECU in Raleigh, N.C., said Monday of the credit...

First Tech, LAFCU, Chartway Welcome New Leaders

This past week, six credit unions revealed new hires and promotions. In addition, balance sheet management CUSO CU Capital Market Solutions welcomed a new executive. WEST The $8.7 billion First Tech Federal Credit Union in Mountain View, Calif., hired Bruce...

Fix Security Concerns for Better Mobile Adoption Rates

Fraud concerns and theft risks are inhibiting mobile payment adoption, but businesses underestimate the problem, according to a new global survey of consumers and executives from Plano, Texas-based NTT DATA. The business and IT services provider’s survey found...