As many credit unions learned recently during Hurricane Sandy, disasters can happen. Especially in storm-prone coastal areas, it’s important for credit unions to have reliable back-up plans for their data should a weather-related catastrophe strike.
Reducing deposit fraud cases is an important goal at any credit union. At University Federal Credit Union, one incident in particular triggered the need for a new solution that would allow it to take a preventative approach against this common form of fraud.
Change expands variety of loans available.
The 2013 payout — ESL FCU’s 17th annual — brought the New York credit union’s total to more than $94 million since 1996.
American Airlines Federal Credit Union, Coastal Federal Credit Union announce 2012 bonus dividends.
A new report from FICO Labs states U.S. student loan delinquency rates climbed by nearly 22% in the past five years.
California credit union garners more than 7,000 donations from members and employees.
After 30 years in business, the Fairfax, Va.-based core data processing system provider FedComp Inc. made the decision to move the 130 credit unions using its Internet banking product VirtualCU onto the Boise, Idaho-based Database Management Services’ more modern HomeCU. That’s left FedComp to put more resources into its flagship...
The out-of-the-blue October closure of Pano Logic, a Redwood City, Calif.-based provider of virtual end user systems, shocked its clients, which included at least three credit unions–the $3.4 billion Redstone Federal Credit Union of Huntsville, Ala.; the $701 million Vantage Credit Union of Bridgeton, Mo.; and the $1.35 billion Central...
Suburban Detroit credit union works with Rochester Adams High School to encourage students to take control of their finances early.