financial product

• Economist Urges CUs to Look at Data Differently

  By David Morrison  |  April 20, 2011

  The co-author of Freakonomics says credit unions would benefit by looking at data, especially involving incentives, in new ways.

• Interchange Paradox: Cap May Spur More Transactions

  By David Morrison  |  March 23, 2011

  An expert in consumer behavior with checking accounts and debit cards has predicted that a proposed cap on debit interchange might, in the end, lead to more debit card transactions.

• Debit Transactions At CUs May Increase, Post Durbin, Expert Says

  By David Morrison  |  March 14, 2011

  Paradoxically, credit unions may need to act to increase debit transactions if a cap on debit card interchange makes it into federal regulation, a specialist on checking and debit maintains.

• Higher Member Loyalty May Improve Lending Volume

  By Michelle A. Samaad  |  January 21, 2011

  By increasing members' loyalty, credit unions may discover opportunities that could improve their lending volume.

• Social Media a Hit With Investors Seeking Product Info

  By Michelle A. Samaad  |  June 4, 2010

  YouTube, Facebook, LinkedIn and other social media forums are likely to be used by investors to gather information on new products and services, according to a Spectrem Group Report.

• NCUA Says Goldman Charges Will Not Affect Plans on Legacy Assets

  April 28, 2010

  The Securities and Exchange Commission April 16 filed a civil suit against Goldman, Sachs & Co. and one of its vice presidents for defrauding investors by misstating and omitting key facts about a financial product tied to subprime mortgages.

• Cross-Channel Shoppers Dominate in the Financial Product Marketplace

  By Marc Rapport  |  January 6, 2010

  When consumers consider purchasing a financial product, be it a mortgage, credit card or savings account, there's one medium they turn to for research-the Web.