Credit Union Times Magazine September 3, 2014

Featured Story

Front Page News

  • Plateau in Sight?

    Having won over the early adopters, has mobile banking hit a wall in terms of converting new users?

  • Biz Member Tech Needs

    It's no surprise that small businesses are becoming more sophisticated and savvy in their use of technology to expand their businesses – and they’re expecting their credit unions and banks to keep up with their demands.

Focus Report

Editor-in-Chief's Column

Opinions

  • Millennial Brand Loyalty Still Going Strong

    We’ve heard reports over and over about how millennials are not as brand loyal as their baby boomer elders. It might be wise to do some data drilling to understand exactly what is going on with product loyalty. Because, according to a recent study of 2,000 millennials completed by Adroit...

Letters to the Editor

  • Mobile Payments: You Can't Win if You Don't Play

    No one knows which mobile payment technology will ultimately win or how long it will take for mass adoption among merchants, but we do know for certain that credit unions find themselves at an inflection point in the payments industry, and they are not alone.

News

Billionaires Club

Briefs

  • Mountain America Joins CFPB's eClosing Pilot

    The Consumer Financial Protection Bureau has selected the $3.9 billion Mountain America Credit Union in West Jordan, Utah, for its eClosing three-month pilot study beginning later in the year.

  • CUNA EVP Stepping Down

    After eight and a half years of service, John Magill, CUNA executive vice president for government affairs and special assistant to the president, announced Aug. 25 he is leaving the association Sept. 5.

  • CU24 Pays $1 Million Dividend

    The 280 shareholding credit unions of CU24, a nationwide, credit-union owned POS and EFT network, will get their share of a $1 million patronage dividend, the company announced Aug. 25.

  • Late Second Quarter Call Report Count: 75

    On Aug. 25, the NCUA said 75 federally insured credit unions faced possible fines for filing late call reports for the second quarter.

  • Credit Union Investment Revenue Beats Banks

    According to new research, those credit unions that provided investment services to their members in 2013 experienced a 9% increase in penetration, beating out banks.

People

  • People

    Brian A. Orenstein, president/CEO of $823 million Charter Oak Federal Credit Union in Waterford, Conn., was elected to the board of directors of the United Way of Southeastern Connecticut. Orenstein is also serving as this year's co-chair of the United Way 2014 campaign appeal. Charter Oak is also this year's...

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