After seven months in operation, Chippewa Eagle Federal Credit Union in Mount Pleasant, Mich., has reached the $2 million mark and is nearing a thousand members, the credit union and its core processor said.
Philadelphia credit union's CEO puts bank bashing aside, tweaks marketing budget and focuses on expansion.
Minnesota CU says $900 a month in savings so far.
Chippewa Eagle FCU in Mount Pleasant, Mich., has reached the $2 million mark in assets in its first seven months of operation.
What might look like a typical thumb drive to members of Northern Lights Federal Credit Union may actually be what regulators consider a top-tier secure and compliant way to access the Internet for online banking and shopping.
Since the finalization of the Durbin amendment, many credit unions have been considering how they will compensate for lost interchange revenue with other forms of noninterest income.
A core-agnostic funds transfer solution that supports account-to-account and person-to-person payments has been added by CUBUS Solutions to the lineup of online banking software it offers to credit unions.
We strive to provide all our members with the best possible value proposition. In order to better communicate this value proposition, we had to get creative about how younger members wanted to interact with us. Gen Y members are especially technology driven.
The era of the paperless office hasn’t arrived, but the drive for back-office efficiency continues.
Going green isn’t just a trend anymore–it’s becoming an expected way of life. And credit unions are finding that replacing paper documents with electronic ones doesn’t just save trees. It saves money, saves time and creates new marketing opportunities.