On the surface, it might appear that a recent extension of the deadline for large employers to comply with providing health insurance under the Patient Protection and Affordable Care Act from 2014 to 2015, is a cause for relief. But some are not so sure.
When the tiny Saguache County Credit Union, plagued by losses for several years, was finally liquidated last spring, its 3,185 members faced not having another financial institution in the area to serve them.
New credit union industry private exchange believes mandates will force employees to send workers to private exchanges.
This preview from our July 10 print edition looks at credit union industry preparations to offer members insurance under Obamacare.
Wall Street generally applauds the idea of shedding employees, and credit unions often worry when their employee-to-member ratio climbs.
New Jersey, New York leagues say financial assistance need is great, thank the industry for its support.
Credit unions today face extreme challenges to protect the online security of members and their own institution. Compliance demands add to that.
Sallie Mae announced that it will begin offering no-fee student checking accounts into which colleges and universities can directly disburse financial aid and tuition refunds owed to students.
Education-focused financial services company Sallie Mae announced Monday that it will begin offering no-fee student checking accounts into which colleges and universities can directly disburse financial aid and tuition refunds owed to students.
The $781 million Altura Credit Union is now offering users of iPhones, Androids, BlackBerrys and other Internet-enabled devices free downloadable mobile banking applications.