“What gets measured, will get done” is a motto that has well served Jan Roche, president/CEO of State Department Federal Credit Union in Alexandria, Va.
New CFPB rule governs all outgoing international wire transfers and ACH transactions.
You don’t need cash to buy a box of Girl Scouts’ Thin Mints from David Cale, CEO of Financial Plus Credit Union.
Consultants say "this extraordinary chance at growth cannot be squandered" but CU leadership must proceed with caution.
If a new report is any indication, online banking adoption appears to have reached its limit.
Since the finalization of the Durbin amendment, many credit unions have been considering how they will compensate for lost interchange revenue with other forms of noninterest income.
A combination of factors has credit unions seaching for noninterest income in earnest.
The 3,000 credit unions and banks on the Fiserv bill pay network can now offer a link for Discover cardholders to pay that bill through their financial institution’s online banking site.
PayPal's commanding presence in the P2P space is hard to compete with, so maybe joining them would be a better strategy for credit unions.
Making use of its new community charter, the $86 million Framingham Municipal Federal Credit Union in Massachusetts has become Metro-West Community FCU.