The $49 billion Navy Federal Credit Union is now offering its 4 million members upgraded iPhone and Android mobile banking apps.
Creating and sharing, for sale, its in-house development work has earned the $3.4 billion Redstone Federal Credit Union the 2012 Model Bank Award from research consultancy Celent.
Banker opposition to NCUA’s LICU program is ludicrous. Why do I call it ludicrous? Because their opposition would have to step up several notches on the reasonableness scale to even come close to their normal anti-credit union position of hypocritical.