Credit union mergers are normal. What's not normal is when a former CEO leads an opposition group against the merger.
All credit union mergers are initiated with members’ best interests in mind, right? Wrong. Learn about a disturbing new trend in which a well-capitalized merger may not benefit members and instead places the cooperative model in jeopardy, in this Focus Report.
Experts explore a disturbing new trend in which mergers may not benefit members and place the cooperative model in jeopardy.
A Cornerstone advisor shares best practice tips to help credit unions realize the greatest value from a merger.
See details on merger trends, including the rate of mergers and how mergers affect CU asset size.
Will the fiduciary rule give way to frivolous class-action claims brought under the Employee Retirement Income Security Act?
In case you haven't noticed, things have gotten a bit more insane in our nation's capital.
I’ll admit it: I am the credit card holder no financial institution wants.
News stories focused on credit union services, the CFPB, the Trump administration and the relationship between politics and the media got readers fired up this past week. Here's what they had to say on cutimes.com.
Analysis of Department of Education data revealed a 17% increase in 2016 in the number of Americans in default on federal direct loans serviced by companies hired by the federal government.
CU Direct reported overall car sales will fall this year with used car sales and leasing accounting for an increasing share of transactions.
President Donald Trump issued an executive order to reorganize and streamline the executive branch of government, which includes such federal agencies as the Securities and Exchange Commission and the Cabinet — including the departments of Labor and Justice — as well as the Social Security Administration.
Payments processor TMG announced a new web-based tool to help credit unions better manage their plastic card stock. TMG, headquartered in Des Moines, Iowa, said this task has become more complicated for many financial institutions in recent years as global demand for EMV chip plastic has increased.
DDoS have been enduring for more than 20 years and it's time to put it to an end.
The Minnesota Credit Union Service Corporation elected Trina Hoff, president/CEO of the $71 million Northern Communities Credit Union in Duluth, Minn., to its board of directors. Hoff filled the seat left by former NCCYou president/CEO Larry Champeaux, following his retirement in December of 2016. Hoff has been an employee of...