Despite shift away from mortgage refis mid-year, NuVision achieved 97% of its member savings goal with "Switch and Save" initiative.
In 1990, there were five credit unions with more than a billion dollars in assets. In 2013, there were 207. Trends like that are ignored at their own risk.
One technology executive predicts mobile banking users will soon eclipse online banking users.
William J. Memmer accused of stealing $1.8M and understating assets by $5.7M, causing failure of $15.5M GICFCU.
Despite a new state law in Colorado legalizing recreational use, credit unions still worry marijuana business accounts will run afoul of federal regulations.
Strategic plans are designed to affect all areas of the credit union and they require cooperation between departments.
Big banks with great locations have failed and required bailouts, while credit unions run out of the backs of churches have been doing fine for decades.
Read more about fraud and credit unions in this special report.
In 2012, 1/5 of all fraud cases caused at least $1M in losses. Average employee fraud schemes lasted 18 months and caused $140K median loss.
The $211 million Alabama State Employees Credit Union is the first financial institution to sue Target seeking breach losses.