by GrafWebCUSO | Sep 13, 2017 | News
Peer-to-peer player Zelle Network processed more than 100 million transactions in the first six months of 2017 and is racking up thousands of new users a day, but customers of rival Venmo have hardly heard of it, according to two new reports. According to a release...
by GrafWebCUSO | Sep 12, 2017 | News
At least 35 Florida credit unions reopened on Tuesday and about 10 more plan to be back in business on Wednesday, according to the League of Southeastern Credit Unions. A list on LSCU’s website shows five credit unions are still closed because of power outages....
by GrafWebCUSO | Sep 12, 2017 | News
Emergency planning in the credit union industry has come a long way in the last 10 years, but even after Harvey and Irma, pros say they’re still seeing credit unions make some common mistakes. Planning for the wrong problem Wind and water can be...
by GrafWebCUSO | Sep 11, 2017 | News
Virtually all of the state’s 136 credit unions remained closed Monday after Hurricane Irma poured more than a foot of rain in several areas of South Florida, such as Palm Beach and Fort Pierce, whipped Naples and Marcos Island with winds of 130 to 142 mph, and...
by GrafWebCUSO | Sep 11, 2017 | News
When federal policymakers killed banks’ ability to make government-backed student loans, David Bergeron should have been celebrating. A career official at the U.S. Department of Education, he had favored the move for years; it would save the government...
by GrafWebCUSO | Sep 9, 2017 | News
As Hurricane Irma barrels toward Florida, nearly 90 of the state’s 136 credit unions closed up shop early Friday or Saturday and virtually all of them will be shut down on Monday. The CU Times reviewed 124 Florida credit union websites Friday night to determine...