Over the last 20 years, the pressure of competition has increased significantly for credit unions. Many non-depository institutions have entered the lending and transaction account spaces historically reserved for financial institutions. The fast pace of innovation in technology and financial products and services have brought new consumer expectations along...
When Credit Union Times asked Fred Johnson, president/CEO for Credit Union Executives Society, what he sees as an emerging trend in the way credit unions are run, one of his responses was “collaboration.”
The timing of a collaboration between two of the industry’s well-known entities to fight employee dishonesty could not have come soon enough.
After months of unsuccessfully trying to find a new CEO, Presidents Federal Credit Union faced a choice of either merging or outsourcing its top spot.
Small California credit union gets by with a little help from its friends.
Having failed at retirement, John Landis figured he might as well engage again in what he calls the “intellectual challenge” of creating, selling and supporting a new core processing system for credit unions.
Regarding “Reports of the Death of Small Credit Unions Are Greatly Exaggerated,” cutimes.com, July 21. I agree with Mike Schenk that the death of small credit unions is exaggerated. Whenever you are talking about such a large group (there are over 6,000 credit unions with under $100 million in assets),...
World Council of Credit Unions President/CEO Pete Crear sat down with Credit Union Times Editor-in-Chief Sarah Snell Cooke just prior to flying off for his association’s last annual conference before his retirement. While Crear was shy about naming a date for his departure, he did share his thoughts with us...
Think firm finds technology, competition working to shrink population of smaller credit unions.
Anyone who thinks U.S. credit unions have only two shared branching networks from which to choose has never met Scott Collins.