It is not news to us in the financial services industry that times are tough. The troubling aspect about this, from my point of view, is our willingness to first seek out “fee” based solutions that directly come on the backs of our members.
The interchange fallout and the prospect of Connecticut credit unions cutting back staff if the Dodd-Frank delay bill fails to pass turned out to be topic No. 1 at the newly streamlined annual convention of the Credit Union League of Connecticut on Tuesday.
In compliance with NCUA's Jan. 27 rule on financial literacy for directors, state leagues are revving up their 2011 training and education programs.
With the fate of Constitution Corporate CU now sealed, NCUA made good this week on its pledge to hold a town hall meeting for CEOs of Connecticut CUs in a Q&A session conducted by the state's top regulator, Howard Pitkin.
The head of the Credit Union League of Connecticut Monday called "good news" that term deposits held in the pending liquidation of Constitution Corporate Federal Credit Union will be held secure at fixed rate and maturity.
Arizona State Credit Union, Phoenix, was recognized by the Public Relations Society of America during its Copper Anvil Awards for its excellence in public
The corporate focus and how the industry deals with service options as a result of the NCUA's restructuring turned mostly to Connecticut last week, with continued interest in the
Connecticut credit unions, considering service options in the wake of the Constitution Corporate conservatorship, are patiently waiting for their turn with NCUA town hall meetings.
Like others elsewhere where the corporate situation hits hardest, Connecticut credit unions are being wooed for their business by would-be providers "like birds swooping out of the sky."
The Credit Union League of Connecticut is participating in the national kickoff of a project aimed at educating consumers and alerting front-line staff about high-tech fake check scams.