Scient Federal Credit Union, Groton, Conn., announced the addition of Stephen Jacoby, vice president of business development. Jacoby has worked in the financial industry for over 10 years, seven of which were at a credit union in Chicago. He has a proven track record of success in developing strong business...
A scan of more than 2,000 comments on a Yahoo personal finance article shows candid, passionate feelings about credit unions.
Organized labor in Florida is asking its members to pull their funds out of major banks supporting what labor leaders call a union-busting bill.
Some national banks have begun to raise fees for using their ATMs and otherwise tinker with their ATM polices in order to increase fee income.
The $1.9 billion Affinity Federal Credit Union has hired another banking executive to keep up with the demand its commercial lending division is experiencing.
"May you live in interesting times" is an old Chinese saying, a backhanded curse perhaps but also a blessing because meeting challenges also can mean creating opportunities.
Emerging new channels of delivery don't necessarily mean new profits.
Credit unions are not the only ones familiar with the benefit of offering consumers surcharge-free access to ATMs.
NCUA Board Chairman Debbie Matz has urged credit unions to "redouble" their efforts to help Americans who are struggling with heavy mortgage debt and other real estate loans.