The credit union industry has many leaders: Credit unions that excel at their business, credit unions that assist other credit unions, and volunteers who spend their free time sifting through inches-thick board packets.
State Employees' Credit Union of Raleigh, N.C., has added Overdraft Fee Free Days to its traditional checking account product.
Offered online for the first time ever, CUNA Mutual Group's 2010 Discovery Conference on Nov. 3 included virtual sessions on spotting and leveraging consumer trends for growth, evolving to meet consumer expectations and more.
LAS VEGAS -- Just like bass fishing, where it's said 10% of the fishermen catch 90% of the fish, typically only relatively few of a bank's customers or a credit union's members are truly profitable.
Debit interchange and overdrafts are still expected to be the top noninterest income drivers for credit unions, despite changes being made to both sources.
CUNA Mutual Group Chief Economist Dave Colby has raised many questions about what the economic recovery will be like but not about credit unions' ultimate recovery.
One thing certain about the Regulation E overdraft requirements passed last November is that they go into effect for new accounts July 1 and existing accounts Aug. 15.
This past December, Carolina Postal Credit Union helped fill local Food Banks while waiving member fees.
The year 2010 may be the year of forgiveness for State Employees' Credit Union members. The Raleigh, N.C.-based credit union has launched NSF Fee Free Days.