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The board of directors of $1.5 billion Technology Credit Union has written the CU's 74,000 members that they may be better served by converting the credit union to a bank.
Online Resources Corp. of Chantilly, Va., said it has signed the $2 billion Northwest Federal Credit Union in Herndon, Va., to a multi-year agreement for online banking and bill pay solutions.
One of the biggest mistakes credit unions can make in serving their business members is treating them like their traditional members.
Conversion to take place in 2012, company and credit union said.
Despite having a small percentage of business members, some credit unions believe they are now better positioned to grow their penetration in the small business market than they were prior to the start of the financial crisis a few years ago.
The $333 million BrightStar Credit Union of Fort Lauderdale, Fla., has signed a multi-year agreement for online banking services from Connect Financial Software Solutions of Salt Lake City.
As far as some people are concerned, if you're a CEO, you're a whale.You could be a target, and so could your business accounts. After all, why would criminals want to scam
CHICAGO -- Don't take wild risks in business lending but be aggressive in serving your members and trying to bolster your credit union's bottom line.
Saugus Financial Insurance Agency, LLC, Saugus, Mass., welcomed as president Jeanne Grant, successor, longtime associate and daughter of