The 15 branches of Affinity Federal Credit Union remained closed Wednesday and its online banking service also was not available.
League says slow recovery from outages and damage has begun, offers assistance to affected credit unions.
The storm passed two days ago and the devastation is such that industry leaders in New York and New Jersey are still unsure how bad things really are.
New Jersey credit union leaders were working Tuesday to assess the aftermath of Hurricane Sandy while some credit unions were stepping up and waiving fees.
League offices closed, CEO Paul Gentile says credit unions are in business continuity mode.
At a time when it’s difficult to convert deposits to loans, does it make sense to open the door to an additional flow of money into a credit union?
ATLANTIC CITY, N.J. — Following a sales-service philosophy is becoming increasingly important to implementing new revenue strategies for credit unions, Jeff Rendel, president of Rising Above Enterprises, advised attendees of the New Jersey Credit Union League’s Annual Conference last week.
ATLANTIC CITY, N.J.—The Consumer Financial Protection Bureau is ready for action, attendees at the New Jersey Credit Union League meeting this week were told.
ATLANTIC CITY, N.J. — As credit unions are looking for bigger and better revenue strategies, the sales-service philosophy is becoming increasingly important.
In response to the “Call for ‘Bank’ Entries” letter from Gregg Stockdale, and with all due respect to that unique call to action to re-label what we do, I believe that an attempt to redefine what credit unions do as anything other than banking is counterproductive.