MT. PROSPECT, Ill.–Cummins Allison, a provider of coin, currency, check processing technology, and ATMs, reported sales of its of Money Machine 2 self-service coin machines have grown 31% in just five years.
BURLINGTON, Vt.– Vermont Federal Credit Union has now provided more than $60,000 in Seed Money, a down payment assistance program offering first-time home buyers up to $7,500 towards closing and down payment costs.
WASHINGTON–Credit unions are “aggressively building” deposits as the seek to secure funds for their “lending machine,” according to a new analysis by Callahan & Associates.
MADISON, Wis.–The CUNA Marketing & Business Development Council has published a new white paper, “5 Stars or Bust: Digital Reputation Management.”
WASHINGTON – CUNA has turned to a surprising choice to lead its credit union awareness campaign–a 20-year veteran of a bank trade group.
TIGARD, Ore. – During Affordable Housing Week, a number of credit unions in the Pacific Northwest are offering solutions and products to make housing, whether it be to purchase or rent, more accessible.
PURCHASE, N.Y.—As banks, merchants, and even tech companies offer consumers new ways to pay for purchases, credit card companies are trying to protect their role as the primary platform for everyday purchases by offering more buy-now-pay-later options, a new report asserts.
NEW YORK–The New York attorney general’s office said it has opened an inquiry into the lending practices that left thousands of immigrant taxi drivers in crushing debt as they purchased taxi medallions. The announcement follows a 10-month investigation by the New York Times that found fault with numerous parties, including credit unions and NCUA, in contributing to the crash of the taxi medallion market, where values have plummeted even as many were enriched in the process.
NEW YORK–Ideas around how credit unions can take a collaborative approach to expense management were shared here.
NEW YORK–Where are credit unions facing their biggest expense-management challenges? And what are they doing to seize opportunities for greater efficiencies?