Overdraft revenue fell nearly $1 billion for credit unions, banks and thrifts in first quarter 2013, according to the latest quarterly study on overdrafts by Moebs Services, a Lake Bluff, Ill.-based economic research firm.
Last month, the U.S. Senate introduced an immigration reform bill that proposed a complete overhaul to the country’s immigration system. Although a vote is likely several months away, credit union leaders would do well to begin paying attewwwwntion now as passage of immigration reform will undoubtedly impact them.
Who says you can never go home?
Staring down shrinking margins and the confusing moniker “credit union,” some have gotten creative with their fields of membership. This is not a particularly new phenomenon but one that has garnered attention from an L.A. blogger who was just looking for a credit union to join. She’s had a great...
Skeptics who saw the seeds of an eventual bank charter in the advent of American Express and Walmart had a change of heart and last week and announced that the jointly sponsored Bluebird prepaid card will carry FDIC deposit.
As I reflect on how proud I am of our industry, I am particularly impressed by how credit unions serve their members on the micro level but also partner and collaborate both locally and nationally to help each other and our communities. We come together in so many positive...
Staring down shrinking margins and the confusing moniker “credit union,” some have gotten creative with their fields of membership.
Doubt has been swirling around the potential widespread use of near field communication, or NFC, a technology that links consumers’ mobile phones to merchants’ point-of-sale terminals, enabling instant mobile payments. Apple released the iPhone 5 without an NFC chip, leaving millions of consumers out of the NFC equation.
You have probably been seeing the term big data popping up in many places. It has entered the business vernacular.