DENVER—Credit unions, and especially banks, have spent too much time in recent years pushing consumers away from the branch, says one analyst who indicates there’s an opportunity to begin bringing them back.
KNOXVILLE, Tenn.—Authorities are investigating any potential links between the kidnapping of a bank employee here earlier this week and the kidnapping/extortion at Y-12 FCU in Oak Ridge, Tenn., in April.
NAPERVILLE, Ill.–The Illinois Credit Union league and the state of Illinois have announced a partnership that will provide loans to state workers who will likely miss paychecks beginning today.
AUSTIN, Texas—A new report indicates that cybercrooks are targeting the financial services sector with increasing sophistication—more so than other industries—and that many FIs rely too much on cybercrime insurance to defend the bottom line against growing attacks.
MONTREAL, Quebec—To avoid the costs of doing a mass reissue of the card base by the Oct. 1 liability shift deadline, some credit unions are taking a very targeted approach to converting to EMV.
MONTREAL, Quebec–Credit unions were urged to develop closer relationships with other co-operatives, although as discussion made clear, many CUs know little about their fellow co-ops.
MONTREAL, Quebec–The director of NCUA’s Region 1 said he believes credit unions are now headed in the right direction when it comes to the financials. But the good news did not keep credit union reps from nevertheless peppering him with some tough questions about the agency’s practices.
MADISON, Wis.–Is a credit union director worth the cost of a well-used Honda Civic? The Filene Research Institute is examining that question in a new study that examines what it acknowledges is a “divisive” issue, that of credit union board compensation.
ORLANDO–Credit unions in Florida may be aware of the growing Hispanic population in the U.S., but CUs in Alabama were told they may be surprised at the growth of the same population in their state.
MADISON, Wis.—CU auto loans are growing at a record pace, while CU lending overall is at its fastest in a decade, according to CUNA Mutual Group’s June Trends Report.