The new Consumer Financial Protection Bureau doesn’t even begin operations until July and already CUNA and NAFCU and some on Capitol Hill are pushing for changes in how much power it has and what its structure will be.
This article could be called “Beyond Interchange Fees.” The changes that may come with a cap on interchange fees will be mastered by most credit unions. What this article zeroes in on are the very real threats that may imperil the very existence of many credit unions.
Less than four months into her tenure as chairman of the House subcommittee with primary jurisdiction over credit unions and other financial institutions, Rep. Shelley Moore Capito (R-W.Va.) has already tackled a wide range of issues.
Efforts to delay the implementation of the Federal Reserve’s debit interchange rule continued on Capitol Hill and at the grassroots level last week.
The industry debate over the propriety of the public campaigns of small, deeply troubled inner city credit unions to raise capital among other CUs and the citizenry has generated lively and sometimes strident rhetoric.
A California Republican and New York Democrat were preparing to introduce a member business lending cap bill similar to an existing Senate measure.
For credit unions and banks, having $6 trillion parked in some of their accounts should be a good thing, right? Not necessarily.
If credit unions stick to what they know when it comes to pricing for vehicle lending, it could pay off in the long run in building return and profits.
Nevada Federal Credit Union has started early in preparing for the prospect of higher interchange costs by launching an ad campaign series.
Geezeo is helping credit unions go beyond just in-branch member referrals with the launch of a referral engine at ourreferralengine.com.
A new record in the men’s competition and a spirited battle for the women’s title highlighted last week’s 39th annual Credit Union Cherry Blossom run.
Asthe October deadline for hitting key minimum financial ratios draws nearer, more spreadsheets are floating around the credit union industry.
Even as the economy improves, foreclosures remain a problem for many lenders–but not the National Federation of Community Development Credit Unions.
Sallie Mae made a shift last year when it introduced a high-yield, online savings account and online certificates of deposit.
A simple video with a few people singing the University of Washington’s fight song has got people lining up for BECU’s UW gold debit card.
The success of BECU’s viral University of Washington gold debit card campaign is not necessarily a cue for every credit union.
The credit union industry faces an inherent dilemma: credit unions are drawn to work cooperatively yet they are responsible for their own shops.
For most credit unions, the annual meeting is as sure a sign of spring as flowers blossoming and leaves budding on trees.
SAN ANTONIO — A former White House official delivered a predominantly pessimistic view of the challenges facing the U.S. economy at a PSCU conference.
SAN ANTONIO — The CEO of one of the largest credit unions to come to offering credit cards attributed much of the CUs card success to its timing.
SAN ANTONIO — Social media is already having a direct impact in the way credit unions communicate, with or without a strategy.
SAN ANTONIO — A nationally recognized marketing expert reversed some myths for CU executives attending PSCU Financial Service's workshop last week.
A survey sponsored by NACHA, the electronic payments association, suggests that credit unions have room to grow in the most basic of electronic transactions.
CUNA Presdent/CEO Bill Cheney and NAFCU President/CEO Fred Becker run rival groups but often talk about issues of importance to the credit union industry.
Many have heard the NCUA is going to focus on CUSOs. Here's some advice on how to prepare for such an examination
Looking for innovative, young talent? Credit unions have a big opportunity this summer with thousands of college students on break from school.
The banking crisis of the past couple years has created both challenge and opportunity for credit unions as they adapt their IT tools to a new normal.
It could seem that a Michigan credit union went out on a limb when it became the first CU user of a core processing platform for banks.
Check imaging solutions have advanced rapidly in the six years since the Check 21 act took effect. Here's some help in sifting through the options.
With “technology” as your name and Silicon Valley as your home, you'd better be able to serve up the goods.
Don’t bag the branch yet. A study of U.S. consumers’ digital habits finds that the great majority still go bricks and mortar at least occasionally.
Aithent Inc. of New York City said the $2 billion Coastal Federal Credit Union in Raleigh, N.C., has committed to investigation management solution.
Nine more credit unions have committed to Fiserv Inc. for account processing solutions and other company products, the company said.
Account access through Apple and Android mobile devices is now an option members of Texas Dow Employees Credit Union.
Cyber criminals are shifting their phishing attacks to global targets and deploying sophisticated spear-phishing attacks that focus on individuals.
Marc Rapport, longtime technology correspondent for Credit Union Times, is now joining the staff full time as online editor.
Robins Federal Credit Union is expanding its central Georgia footprint by purchasing two branches spun off by Park Community FCU of Louisville, Ky.
Covera Card Solutions said the $70 million Niagara’s Choice Federal Credit Union has signed on to use the CUSO’s debit-ATM processing service.
More than 60 years after its founding to serve employees of an auto body maker, Auto Body Credit Union’s new name is Astera Credit Union.
The executive tapped to lead integration of one of the biggest mergers in the credit union industry has a new role.
The Small Business Administration has named the $1.5 billion FAIRWINDS Credit Union among its newest preferred lenders.
About 125 credit unions and banks are now using Jack Henry & Associates Inc.’s MyNetTeller solution.
Private cloud computing now is an outsourcing option for core processing clients of FedComp Inc. of Fairfax, Va.
Locals interested in doing more to help their communities now have a one-stop resource at ShiftIndiana.com.
Citing operational savings, absorbing costs and expanding its reach, CO-OP Financial Services said it is returning $20.2 million to shareholders.
Members of Motorola Employees Credit Union in Schaumburg, Ill., can now bank through downloadable apps, SMS text banking and the mobile Web.
More than half of the small and medium businesses participating in a recent study said they have been victimized by fraud in the past year.
Prospect of a federal government shutdown prompted Cabrillo Credit Union of San Diego to begin offering a 0% interest loan to federal workers.
A study released by Demos, a research and advocacy organization, may shed light on why some working families have credit card debt and others don't.