After 75 years of offering it to credit union members nationwide, CUNA Mutual Group is bringing an end to one of its landmark products: Life Savings Insurance.
The old-fashioned holdup may not hold a candle to these inside jobs, identity thefts and cyber heists, especially for crooks who want to avoid jail.
Bank Transfer Day was lauded for helping to nudge consumers toward credit unions. It was belittled as mere media hype. It was feared it would only bring in deposits and not loans, which would tip delicately balanced capital ratios.
CUNA and NAFCU reaching out in what CUNA vice president calls "the biggest surge in media interest in credit unions in at least 10 years."
This article will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.
The issue of revenue that banks and credit unions make from transactions on their debit cards moved from the obscure corners of the financial services industry into the national spotlight last week as the Federal Reserve's debit interchange cap came into effect.
SAN ANTONIO -- Credit unions that combine more back-office operations and are hyperfocused on member needs will be most likely to do well in hard times.