A California credit union's concerns that Los Angeles retailers may be steering their members away from using their credit union-issued debit cards appeared unfounded last week.
One CUSO predicts the four areas credit unions and banks will focus on in 2012 are profitability, efficiency, product and service mix and deeper member and customer relationships.
PSCU CEO compares struggle with banks to "Davd in the Goliath battle."
When considering how to save money in the back office, some say too many credit unions retreat from looking carefully at their credit and debit card program, often believing the portfolios are too complicated to understand or manage more efficiently.
A new white paper offered by Card Services for Credit Unions urges CUs to review the way they process debit and credit card transactions with an eye toward both reducing costs on the debit side and increasing revenue on the credit side.
Card Services for Credit Unions white paper advises taking a look at reducing costs on debit side, increasing credit revenue.
Innovation is my passion and has been during my two decades of work in the credit union industry. In reviewing the NCUA’s proposed CUSO regulation, I am more than a little concerned about the impact that it will have on the ability to foster innovation in our industry.
CUSO CEO 'more than a little concerned' about the impact on the ability to foster innovation in CU industry.
A technology service subsidiary of the Maine Credit Union League said it has expanded its relationship with the credit union core processing arm of Jack Henry & Associates.
In the 15 years or so prior to his retirement, former NCUA Chairman and Patelco Credit Union President/CEO Ed Callahan probably told me at least 100 times that if one or more credit unions can work together to bring better delivery channels, services or prices to their members then they...