WINSTON-SALEM, N.C.—Don’t confuse Truliant FCU’s big expansion plans with the credit union attempting to be “bank-like.”
SAN ANTONIO—An individual claiming to be a member of Security Service FCU here is challenging how the credit union funds supplemental retirement benefits for its executives, questioning whether the credit union is appropriately using members’ money to fund those benefits.
ALEXANDRIA, Va.—About one-third of credit unions are are low-income designated (LID), which is double the number from just two years ago. But in seven states there are no state-chartered CUs at all with the certification.
DUBLIN, Ireland.–NCUA Chairman Debbie Matz Tuesday talked to military CUs about her concern for how two regulatory proposals to change payday lending rules could prevent credit unions from making affordable payday alternative loans.
ARLINGTON, Va.—NAFCU and CUNA have taken different views in their comments to NCUA on its proposal to increase the definition of small credit unions to $100 million from $50 million.
ST. PETERSBURG, Fla.—CSCU is preparing to roll-out three new enhanced card portfolio management options for its member-owner credit unions.
BEIJING, China—As if the complexity of mobile wallet offerings in the wake of Apple Pay and Samsung Pay weren’t enough, there’s a new wrinkle in e-wallets that is likely on its way to the U.S.: an e-wallet account that pays interest.
ARLINGTON, Va.-State regulators have offered their feedback to what their federal counterparts have planned.
ST. PETERSBURG, Fla.—Apple Pay’s launch has led to a rash of moves within the mobile payments space that are leading to consumer confusion over payment options, according to analysts who are predicting that some convergence is in the offing.
NEW YORK CITY—What’s love got to do with it? A lot, according to Mollie Bell, chief innovation officer with the Filene Research Institute. Bell told PSCU’s MoPRO meeting here that love for the credit union business model and what it means to people—especially Millennials—will be critical for future growth. But she also made clear that love alone cannot conquer all.