Technological advancements have fundamentally altered the ways in which financial institutions provide services to consumers.
No true credit unionist ever forgets when they were a wee lass or lad and went away to Camp Credit Union, where they would gather under the stars at night next to a glowing cooperative campfire before there would be a hush, and a wizened camp counselor in an Ed Filene replica fedora would share the CU genesis story of the New Hampshire mill workers and the formation of the first credit union.
In underserved and rural areas of the United States, entrepreneurs have a pressing need for business loans.
Always been fascinated by etymology, haven't you?
Diversity gets a lot of attention in credit unions, and it should (although let’s not confuse attention with action. Stop for a moment and look around at any major credit union meeting and Rainbow Coalition it’s not.)
As the credit union industry experiences record-setting growth and continues to absorb more of the leading company market share, competition is as fierce as ever – both in terms of securing new clients and recruiting talented employees.
I’m often wrong, but why do I have a feeling CUToday.info will someday be publishing this headline: “NCUA Board Votes to Push Back Risk-Based Capital Compliance Deadline to Jan. 1, 2119; Trade Groups Say More Time Needed.”
Twenty-first century technological innovations have revolutionized the ways and means by which financial institutions and consumers interact.
If you’ve been keeping your eyes open, CUNA’s Open Your Eyes initiative recently had a little eye-opening announcement of its own.
The labyrinth known as San Francisco’s Hilton Union Square had decent tech startup, VC and banker energy just a few weeks ago for the Finovate meeting.