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.
St. Anne CU looking to dig out of red ink.
San Jose CU says change would enable expansion of more profitable commercial lending business.
Now that the deadline for the Durbin amendment interchange cap to take effect has passed, financial institutions are continuing to develop ways to offset lost interchange revenue. One solution? Raise fee income by making debit and ATM transactions more expensive for consumers.
Now that the deadline for the Durbin amendment interchange cap has arrived, financial institutions are looking hard for ways to replace lost interchange revenue.
Austin CU finds 65% of members have visited a branch in past 60 days.
LAS VEGAS — Morning sessions for big ideas and breakout sessions to look up close marked the ACUMA conference here this week.
League expects eight to 12 credit unions to participate as savings lotteries launch.
"Among nonmembers, awareness has always been low. We were disappointed it fell.” Those were the words of Jon Haller, CUNA director of corporate and market research, when discussing the results of two new CUNA reports.
The latest CUES Executive Compensation Survey indicates an upswing in CU executive pay this year. And as credit union board chairmen and one compensation consulting firm explain, the compensation determination process has become more complex and varies from credit union to credit union.