Despite extreme weather that closed credit union branches, service to members was maintained thanks to technology, action plans and policies.
This Opinion piece looks at how technology growth requires credit unions to deliver the goods while hanging on to the traditional channels, too.
Recent reports allege substantial security flaws, especially in credit union apps. Developers disagree with the reports and say their apps are safe.
Online retailers are drawing a $279 loss for every $100 of fraud loss, partially attributed to chargebacks and their associated costs.
Massive hack could expose business services members at credit unions.
CEO Brian Moynihan also said in Wednesday earnings call Bank of America will close additional branches.
The $57 million, 8,600-member Ascension Credit Union in Gonzales, La., plans to convert its core processing this year to the iPower platform from EPL Inc. of Birmingham, Ala., the CUSO and credit union said.
One technology executive predicts mobile banking users will soon eclipse online banking users.
Don’t look to Tammy Gallegos to ever toss up her hands and give up. For the vice president of marketing, communications and service quality at America First Credit Union in Riverdale, Utah, there is always a solution.
As mobile banking goes mainstream, credit unions should adjust security standards so access is on par with brick and mortar.