The puzzlement on the part of some experts is thick. At the very time when some companies and community banks are rushing to put more of their data and applications into the cloud, some experts have noticed that, for the most part, credit unions are staying on the sidelines of...
Using two separate platforms for online banking and electronic bill pay services led to unnecessary hassles for the $1.3 billion American Eagle Federal Credit Union.
Financial institutions around the world were recently frightened again by news of a massive attack that siphoned nearly $2.5 billion from commercial accounts held at multiple financial institutions in the U.S., Europe and Latin America.
The 20,000 members of the McGraw-Hill Federal Credit Union in East Windsor, N.J., are now being offered an iPad app for their mobile banking.
The 132,000 members of the $1.4 billion Genisys Credit Union are the first in Michigan to be offered remote-deposit checking by smartphone, their credit union said.
Small screens are coming to a branch near you. That is a top line trend where, suddenly, digital, Internet-connected flat screens are transforming the in-branch experience and, said some credit union experts, it’s just in time.
Already noted for using novel arguments in favor of moving from a credit union to bank charter, the 69,000- member $1.6 billion Technology Credit Union has also introduced a new approach into the question of how member communications in converting credit union should be handled.
Even in the virtual world, you can run out of real memory. That was the case at the $1.8 billion Grow Financial Federal Credit Union in Tampa, Fla., where its technologists recently completed a revamp of its virtual data center.
LenderLive Network Inc. said the $8.4 billion, 274,000-member Alliant Credit Union in Chicago will be using the Denver company’s technology and mortgage services.
The 24,800 members of the $544 million University of Hawaii Federal Credit Union now have a new website and online and mobile banking services.