Mobile Deposits Vary Greatly Across FIs: Malauzai

A wide range exists when comparing average mobile deposit size across financial institutions, which reflects the range of deposit limits at banks and credit unions, according to the Austin, Texas-based Malauzai. The mobile and internet banking provider’s Monkey...

Executives on the Move: Credit Unions Hire, Promote

This past week, eight credit unions from coast to coast recognized employees in the news for their new positions and accolades. Plus, consulting firm CU Strategic Planning officially welcomes Mike Beall to its executive team. WEST The $461 million Point Loma Credit...

Good News, Bad News for Credit Unions and Millennials

There is good news and bad news for credit unions and millennials. The good news is that 20% of millennials in the age group, 18-24, use credit unions as their primary financial institution. The bad news is that only 10% of millennials, age 25-34, use credit unions as...

CUNA, NAFCU Unite to Fight Bankers’ MBL Suit

The two major credit union trade groups have joined forces and hired a prominent Washington D.C. law firm to fight a lawsuit filed by the Independent Community Bankers of America over the NCUA’s member business lending rules. CUNA and NAFCU have announced they...

Feds Review Wells Fargo Labor Practices

As Wells Fargo CEO John G. Stumpf was being grilled with questions and criticisms by the U.S. House Financial Services Committee in Wash. D.C., Thursday, a top-to-bottom review of cases, complaints and violations over the bank’s employment practices is under way...