Abraham Maslow would have been a great recruiter. The groundbreaking psychologist described human needs from the bottom up: people first seek physical survival, then safety, then belonging and acceptance, and finally a life in which they can create and positively affect others. The work world follows a similar progression as...
Personal loans still offer niche, participants say, and a way to serve members while competing with payday lenders.
This preview from our Aug. 28 print edition looks at what may be a shrinking credit union market for $600 and under loans.
Despite the apparent financial pain to cover the underwriting costs of small loans under $600, some credit unions still feel there is a segment of their membership that rely on this type of financing. Others don't.
Topics will include how to save money and resources through cooperation.
Institute survey seeks to track time credit unions spend meeting compliance requirements.
It would probably be a mistake for credit unions to assume their loyal members will likely choose them as their preferred lender when it’s time to buy a new vehicle.
Crafting a noninterest income strategy is an excellent way for credit unions to boost their revenue, but turning members off by unwanted fees in the process can defeat the whole purpose. That’s the premise of a new report from Filene Research Institute in Madison, Wis. titled, “In Search of Member-Friendly...
Think firm cites importance of checking fees, GAP income but says don't lose focus on being member friendly.
Bluebird, the new prepaid card product being rolled out by Walmart and American Express, will provide banks and credit unions with additional competition in transaction accounts and technology.