ARLINGTON, Va.—Total retail sales increased 0.7% in July, and while consumer growth continues to "buoy" the economy, other threats could have a negative impact, according to NAFCU Chief Economist and Vice President of Research Curt Long.
MADISON, Wis.—What should credit unions expect for their business over the next five years?
SAN FRANCISCO–If credit unions think there is a lot of haze around banking the marijuana business, the expanding hemp industry isn’t any clearer, according to one expert.
SAN FRANCISCO– Credit unions have a “fishing problem,” and the key to catching more fish lies in enterprise risk management (ERM)—and reinvigorating the role of the supervisory committee, according to one person.
SAN FRANCISCO–The National Association of State Credit Union Supervisors is looking to create Interstate Agreement 3.0, with an objective of being about more than just branching.
ALBANY, N.Y.–The former CFO at State Employees FCU has filed a complaint in state Supreme Court alleging he was pushed out of the credit union after raising whistleblower concerns earlier this year.
BANNOCKBURN, Ill.–Two Illinois credit unions have announced a merger. The $882-million Great Lakes Credit Union (GLCU) said it has absorbed via merger the $9.2-million North Side Community Federal Credit Union.
LOS ALAMITOS, Calif.–Southland Credit Union here has launched two options for college students: Southland Student Choice Loans and Southland Student Choice Refinance.
LONDON–While passwords can be changed following a breach, fingerprints cannot, which is why so many are concerned here over news that the fingerprints of more than one-million people were discovered on a publicly accessible database for a company used by the likes of the U.K. Metropolitan Police, defense contractors and banks.
MADISON, Wis.—A farmers’ cooperative in rural Kenya has commissioned a new crop irrigation system thanks to an agricultural lending product developed by World Council of Credit Unions (WOCCU) and the Kenya Union of Savings and Credit Co-operatives Ltd. (KUSCCO).