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Service charges on deposits fell 1.7% at banks during the 12 months ending June 30, but they rose 4.9% at credit unions, according to new data from financial institutions analytics company Moebs Services.Recommended Stories
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White Paper
Sponsored by Credit Union Loan Source
Maximizing Credit Union Revenue through Strategic Loan Participations
Economic headwinds in the post-pandemic era have credit unions scrambling to find new sources of revenue. This white paper outlines how an often-underused resource--loan participations--can provide vital income to help you meet or exceed ROA targets.
eBook
Sponsored by Brightwell
Scaling the Mountain of Cross-Border Payments: The Sherpa Approach to Success
Credit unions that include cross-border remittances in their product suite stand to generate significant funds flowing through their platforms. However, integration can be a tough and expensive nut to crack. Learn how a 'sherpa' can guide your organization to success.
eBook
Sponsored by Alogent
Modernize Legacy Back Office Processing With Continuously Maintained Solutions
This eBook explores the significant opportunity for credit unions to uncover new cost savings and efficiencies. Learn how upgrading and consolidating your back office systems can lower total cost of ownership and achieve maximum efficiency.
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