Credit unions in California and Oregon enjoyed a surge of new members on Bank Transfer Day, as well as on the days leading up to Nov. 5. To encourage new member signings, some CUs kept branches open during extended hours while others marketed Bank Transfer Day promotions.
Phoenix CU says local media wasn't paying attention but consumers were.
San Diego County Credit Union gained 362 new checking account members on Nov. 5 and more than 850 in the first week of November.
When Bank of America announced a monthly $5 debit card fee would take effect in 2012, questions about the potential backlash ran through my head. Would consumers put up with this? Would the bank cancel the fee to combat lost business? How angry would the fee make Gen Y?
Ring used illegal immigrants from Romania to steal more than $500,000 from ATMs in Washington, Oregon, Nevada, Arizona and Idaho.
The $44 billion Navy Federal Credit Union has been ranked by Experian as the 20th largest used vehicle lender in the country by market share.
Experian’s just-released first quarter report ranked Navy Federal Credit Union the 20th largest used vehicle lender in the country by market share.
The Virginia Credit Union League is telling its credit unions to take advantage of the vanishing Wachovia logo following the Wells Fargo takeover.
Credit unions have been handed "a tremendous opportunity" to gain new market share as a result of those continuing reports of big banks dropping free checking, the head of New Jersey's second largest CU said Wednesday.
The arrests of dozens of suspects in New York last week for the theft of at least $3 million from banking accounts across America was both good news and a wakeup call for the credit union industry.