After consistently beating out large banks in customer online banking satisfaction, credit unions are lagging behind them for the first time.
Credit Union Times feature, Vox Populi. We pose a question, and industry executives sound off on a timely topic.
Sallie Mae announced that it will begin offering no-fee student checking accounts into which colleges and universities can directly disburse financial aid and tuition refunds owed to students.
Signs are cautiously pointing to an economic recovery nationwide. The national unemployment rate fell by one percentage point in the past year, and even in the hardest hit sand states, job outlook statistics improved.
Education-focused financial services company Sallie Mae announced Monday that it will begin offering no-fee student checking accounts into which colleges and universities can directly disburse financial aid and tuition refunds owed to students.
CHICAGO -- Credit unions are no longer the best kept secret in banking, but they have to build on their popularity by preparing for all but certain uncertainty.
As I come to the end of my term as a board member and chair of NAFCU, it is with particular pride that I reflect upon how our industry has evolved over the last decade.
The economy may be struggling, but the summer series of big credit union conferences upcoming in Las Vegas and Chicago seems to be wooing good crowds even though many participants are on tight travel budgets.
In a year when many incumbent officeholders are about as popular as Yankee fans in Fenway Park, several key supporters of credit unions will be fighting for their political lives this year.
CUNA Senior Economist Steve Rick said in a recent News Now article that credit union delinquencies haven't been this high since President Reagan was in office.