Credit Union Times Magazine October 1, 2014

Featured Story

Front Page News

Focus Report

Editor-in-Chief's Column

  • Apple, Wal-Mart Can Teach CUs About Membership

    The credit union community allegedly eclipsed 100 million members this year. The figure is bogus, and even the most religious credit union believers know that figure includes not a small amount of double counting from memberships by one person at multiple credit unions and other account structures.




  • No Change to Swipe Fees

    The Federal Reserve said Sept. 18 it is not planning to propose a change to the current interchange fee standard or fraud prevention adjustment.

  • Cards Back to Pre-Recession Profits

    According to a credit card industry analyst and consultant, credit cards have returned to being financial institutions’ most profitable loan product.

  • Millennials, Baby Boomers Swap Geographies

    As millennials move to places with better job prospects, baby boomers are downsizing to smaller communities with lower population density, according to a report from real estate data firm RealtyTrac.

  • McConnell Bid Earns $300K CULAC Support

    CUNA said its political action committee, CULAC, filed notice with the FEC of a $300,000 independent expenditure on behalf of Sen. Mitch McConnell (R-Ky.) in his re-election campaign, the trade group told CU Times Sept. 18.

  • Scotland's Credit Unions Move Forward

    After the Scottish people voted to reject a referendum to gain independence from Great Britain Sept. 18, it was business as usual for Scotland's 106 credit unions.


  • People

    Sunmark Federal Credit Union President/CEO Bruce Beaudette said he plans to retire at the end of the year after more than 28 years of service. He is one of the longest serving CEOs in the Albany, N.Y., region, the $419 million, Latham-based cooperative said in a prepared statement. Beaudette led...

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