When Bank of America announced a monthly $5 debit card fee would take effect in 2012, questions about the potential backlash ran through my head. Would consumers put up with this? Would the bank cancel the fee to combat lost business? How angry would the fee make Gen Y?
SAN ANTONIO — The CEO of one of the largest credit unions to come to offering credit cards attributed much of the CUs card success to its timing.
Speak to OnPoint Community Credit Union Senior Vice President of Marketing/Member Services Kelly Schrader for a few minutes, and it’s hard not to be inspired to do more.
Guest Blogger Teresa Y. Freeborn, president/CEO of Xceed Financial Credit Union, let us know she had a few things to say about the recent trend in out-of-state credit union mergers.
The frustration with representatives pushing products on members who did not really need or want them was behind SAC Federal Credit Union's decision to rethink the positioning of its investment services program.
While Sound Credit Union's business services program has been in place since July 2007, a litany of bank mergers and closures in the area has helped propel its business deposit portfolio over the last year.
Saugus Financial Insurance Agency, LLC, Saugus, Mass., welcomed as president Jeanne Grant, successor, longtime associate and daughter of
American consumers put credit unions atop the list of financial services providers they're likely to recommend,
Addison Avenue FCU of Palo Alto, Calif. and First Tech CU, of Beaverton, Ore., are planning a consolidation this summer creating a $5 billion institution using the First Tech name.
American consumers are far more likely to recommend a credit union than most of the nation's big banks, according to a new report from Forrester Research.