To offer a suite of human resources and payroll products and services to their credit union business members, CU Business Group LLC has partnered with Paychex Inc. to make it happen.
The organizations teamed up in an effort to help credit unions become a one-stop shop for business members, CUBG said.
If a credit union in the Pacific Northwest is hoping to compete with other financial institutions to woo a heavily sought-after executive for its business lending division, be prepared to make at least an $85,000 offer.
As banks ramp up recruiting, the impact may be seen at credit unions. Get the rundown in this preview from next week's print edition.
With 28 new credit unions that have signed on this year, CU Business Group said Wednesday that it now serves 405 credit unions in 44 states.
Popular business banking CUSO celebrates it first decade.
Ideally, one of the end-of-the-year items that should be checked off the list for credit unions with member business loan programs is a review of policy.
When it comes to business lending practices, policy is the guiding principle to turn to.
When it comes to the barriers that tend to prevent a credit union’s business services program from thriving, a lack of knowledge from staff appears to be ranked the highest.
When looking at delinquencies, credit unions still have some of the lowest rates even among the worst performing business lending portfolios.