To compete, credit unions should ensure their mobile systems are up to par.
Credit unions can't individually fend off Wal-Mart, Apple or even online startups.
It wasn't until Lindsay Thomas started working at a credit union that she realized what a bad job the industry was doing in terms of sharing what it has to offer.
President launches initiative to motivate companies to implement safer payment methods.
Seventy-five percent of consumers still prefer to open checking accounts at a branch, Raddon says.
At the CFPB, a checking account is a right, not a privilege.
As if credit unions didn't have enough regulatory burden already, the CFPB threw another iron into the fire when it hosted an Oct. 8 forum on checking account accessibility.
Senate Majority Whip Richard Durbin (D-Ill.) joins retailers filing briefs urging the Supreme Court to hear the interchange suit.
Will Wal-Mart's new checking account product create a competitive challenge for the financial services industry? A senior financial analyst and a credit union CEO don't think so.
Sen. Dick Durbin (D-Ill.) files an amicus brief with the Supreme Court, arguing for a lower Fed interchange cap.