by GrafWebCUSO | Jul 21, 2017 | News
People believe credit unions care more about their customers than banks do, but banks are still getting their business, possibly due to widespread perceptions that credit unions have skimpy offerings, according to new data from Harris Poll. The study,...
by GrafWebCUSO | Jul 20, 2017 | News
On Thursday, Utilities Employees Credit Union and ClearChoice Federal Credit Union announced an agreement to merge after unanimous approval by both boards. Utilities Employees Credit Union is a $1.2 billion financial institution that serves 45,000 members nationwide...
by GrafWebCUSO | Jul 20, 2017 | News
The NCUA board on Thursday agreed to seek comments on a plan to close the Temporary Corporate Credit Union Stabilization Fund at the end of September—a move that eventually could result in a Share Insurance Fund distribution to federally insured credit unions of...
by GrafWebCUSO | Jul 20, 2017 | News
Latham, N.Y.-based $540 million Sunmark Federal Credit Union announced its selection of a 2017 CIO 100 award, which recognizes the creation of business value through the effective and innovative IT use. Each year, CIO identifies and honors 100 organizations worldwide...
by GrafWebCUSO | Jul 20, 2017 | News
The road to federal marijuana legalization remains a long, treacherous and perhaps even impossible one, yet some credit unions are continuing to fight for the industry’s business owners by offering them banking services. But is it worth the risk? Last week, I...
by GrafWebCUSO | Jul 20, 2017 | News
Cybercriminals cost the global economy $454 billion last year. In a single evil internet minute, malicious activity costs international commerce $858,153 and victimizes 1,080 people, according to San Francisco based RiskIQ. Despite businesses’ best efforts to...