Millions of consumers have made the switch from banks to credit unions since Bank Transfer Day in 2011. This is good news but places pressure on the credit union industry to meet the needs of both existing members and those migrating from banks.
Here are highlights of the Not for CEOs session on succession planning held on Feb. 26 at the GAC.
Succession planning means more than just having a set of instructions in place for your board to follow in case you unexpectedly die, according a panel of CEOs that participated in a Not For CEOs discussion held at CUNA’s Governmental Affairs Conference.
Executives hold forth on what succession planning means to them in Not for CEOs gathering at GAC.
Credit unions that adopt the TMG product will sign contracts directly with TMG, who will be responsible for sales, implementation, support and invoicing.
WASHINGTON — Winners were feted and old friends greeted at Credit Union Times' Trailblazers reception Tuesday night at the GAC. (Photos by John Cooke)
Doubt has been swirling around the potential widespread use of near field communication, or NFC, a technology that links consumers’ mobile phones to merchants’ point-of-sale terminals, enabling instant mobile payments. Apple released the iPhone 5 without an NFC chip, leaving millions of consumers out of the NFC equation.
Roughly fifteen months after the Durbin amendment went into effect, the controversial legislation that capped debit card interchange for issuers with over $10 billion in assets has painted a mixed picture for most credit unions.
PSCU, CO-OP Financial Services and The Members Group have partnered with MasterCard to make the new technology available to credit unions.
Succession planning was the topic of this Not for CEOs session taped at the GAC on Feb. 26, 2013.