At 80 million strong, Gen Y will soon control the nation’s wealth, posing a mammoth opportunity for credit unions. Born during the early 1980s and the late 1990s, the group is more than three times the size of Generation X and exerts major influence on American culture.
Eight credit unions have signed on to begin offering the Coopera Card in 2012.
The prospect of credit unions building a stronger housing finance industry received some good news last week when a new CUSO, Mortgage Liquidity Solutions, announced its first sale of participations in CU-originated mortgage loans.
Which type of EMV chip technology, chip-and-PIN or chip-and-signature, is best suited to support the country’s migration to EMV?
Celebrity personal finance expert Suze Orman has launched a prepaid debit card that, if it becomes popular, could wind up costing credit unions significant amounts of money.
Every year new executives coming in and “more mature” ones retiring and it seemed like 2011 had more than its share. The turnover has plusses and minuses. Of course some credit unions could use the fresh blood while others are losing solid leaders. The industry must ensure a strong, fresh...
In a move seemingly aimed at creating a payments CUSO large enough to compete with PSCU Financial Services, CO-OP Financial Services and the The Members Group have announced a cooperative marketing and product development partnership.
With prominent retirements, now's the opportunity.
The recent holiday season proved very beneficial for the ATIRAgift card.
Big CUSO to invest in Iowa-based organization, jointly develop "portfolio of payment services."