by GrafWebCUSO | Aug 16, 2017 | News
When Gordon Simmons grew the Service Credit Union from $292 million to nearly $2.8 billion over his 20-year tenure, he was considered one of the industry’s most successful CEOs. But starting in 2015, Simmons rapidly fell from grace after starting an affair with...
by GrafWebCUSO | Aug 16, 2017 | News
Is racism sufficient cause to fire someone from their job? In the wake of the August 12 white supremacist rally in Charlottesville, Virginia, in which three were killed and dozens injured, that’s the question buzzing in the brains of employers all over the...
by GrafWebCUSO | Aug 15, 2017 | News
(Bloomberg) — American households increased their borrowing over the past year at the fastest pace of the U.S. economic expansion, according to the Federal Reserve Bank of New York. Consumer debt levels rose 4.5% in the year through June to $12.84 trillion, data...
by GrafWebCUSO | Aug 15, 2017 | News
Chatbots and artificial intelligence are transforming every industry, but their greatest influence may come in the finance services industry by helping raise consumers’ financial IQ and making smarter, more calculated decisions. That is one position of Beerud...
by GrafWebCUSO | Aug 14, 2017 | News
(Bloomberg) — It took Stan Kelman three years of monitoring and tinkering to muscle his wife’s credit score to a perfect 850. “It’s a personal achievement,” says the 44-year-old business analyst and data...
by GrafWebCUSO | Aug 14, 2017 | News
Net income for the top 10 credit unions rose 18% in the second quarter with strong gains in interest and fee income despite a slowdown in real estate lending. An analysis of the latest NCUA call reports by CU Times show the largest credit unions based on assets...
