With one in four consumers labeled as "mobile-first," credit unions must strive to keep up.
The $625 million Michigan First Credit Union in Lathrup Village, Mich., will be working to cut fraud and manage risk with a new software solution.
In a new branding pitch aimed at a youthful demographic, the League of Southeastern Credit Unions has launched a $1.3 million TV, radio and viral co-op campaign with a switch message.
Focuses on message: "Credit Unions: We're Giving Banking a Better Name."
Sometimes those fans on Facebook are real friends. Just ask FAIRWINDS Credit Union.
The SBA said credit unions and other lenders will be able to get the information they need faster when the agency revamps its entire website this fall.
If all goes as planned, there will be 3,000 more active lenders in the SBA's 7(a) loan program by September 2011.