The Office of Thrift Supervision has reached an agreement with Woodforest Bank of Texas to pay a penalty of $400,000 and to refund an additional $12 million back to consumers who were charged excessive fees for overdraft protection.
For The Golden 1 Credit Union in Sacramento, Calif. e-statements offer not only a selling point to environment conscious California residents, but saved the credit union more than $1 million in paper and postage last year.
One thing certain about the Regulation E overdraft requirements passed last November is that they go into effect for new accounts July 1 and existing accounts Aug. 15.
Today, CUES and Currency Marketing announced a competition to find a fresh, young voice to help move the credit union industry in the future.
A forthcoming report from the Filene Research Institute, Overdraft Regulation: A Silver Lining to the Clouds?, takes a look at overdraft fee income among credit unions and the potential impact of Regulation E.
A recent survey conducted by economic research firm and overdraft program provider Moebs Services showed that 1,800 banks and credit unions have made changes to
For my column last month, instead of sharing my thoughts I decided to reach out to some of my Gen Y peers to see why they chose their financial institutions.
Getting members gained through indirect lending to become full members or multiproduct members has always been an issue of debate,
Student lending CUSO Credit Union Student Choice and CUcorp, a wholly owned subsidiary of the Michigan Credit Union League, announced that they've joined in a strategic partnership.
A recent survey conducted by Moebs Services showed that 1,800 banks and credit unions have made changes to their overdraft strategy since Regulation E was made a requirement in November 2009 by the Federal Reserve.
Resources
Elan Credit Card
From Elan Credit Card
Rising fraud, digital demand, and regulatory pressure are reshaping credit card programs. Discover what it takes to maintain a competitive card program and why many credit unions are reconsidering in-house issuing.
Download Resource
Alogent
From Alogent
With new CFPB deadlines for Section 1071 approaching, credit unions must streamline data collection. This guide details how Alogent?s automation solutions can help you ensure compliance and enhance operational efficiency.
Download Resource
Alogent
From Alogent
Beehive Federal Credit Union transformed its commercial lending operations by replacing a manual, error-prone system with AccuAccount. Discover how they achieved greater efficiency, accuracy, and compliance in this detailed case study.
Download Resource
Alogent
From Alogent
Fraudsters are increasingly targeting the teller line. How can institutions strengthen in-branch security without creating delays for members? This case study shows how one credit union solved this challenge without a complete system overhaul.
Download Resource
Alogent
From Alogent
Credit unions struggle with disconnected systems and manual processes. This eBook provides department-specific use cases for an ECM platform that streamlines workflows, boosts compliance, and enhances efficiency across your entire organization.
Download Resource
Alogent
From Alogent
Credit unions face mounting pressure to manage information while meeting strict compliance demands. This eBook explores how modern Enterprise Content Management (ECM) technology helps credit unions mitigate risk and enhance efficiency.
Download Resource
Alogent
From Alogent
Move beyond legacy imaging and manual workflows. This eBook provides a maturity framework to help credit unions assess their current ECM strategy, identify gaps, and create a roadmap for digital transformation and efficiency.
Download Resource
Alogent
From Alogent
Efficiently manage documents and automate processes with Alogent's FASTdocs. This eBook provides actionable best practices to centralize content, enhance security, and deliver fast, secure access to information across your credit union.
Download Resource
Alogent
From Alogent
Is your credit union's commercial lending process slowed by manual tasks and paperwork? This guide introduces a digital solution to automate workflows, speed up loan decisions, and improve the member experience. Learn how to transform your operations.
Download Resource
CUCollaborate
From CUCollaborate
Considering a strategic merger but don't know where to start, this checklist provides you with a starting point for what is involved in each process of the merger evaluation. This checklist ensures your decision is data-driven and prioritizes member benefit. Learn the five phases of a successful merger, from strategy to integration, and fulfill your fiduciary duty to your members.
Download Resource
Elan Credit Card
From Elan Credit Card
Digital engagement now determines which credit cards consumers choose, use, and keep. This new report from PYMNTS and Elan Credit Card reveals why the mobile app is becoming as important as the card itself.
Download Resource
Bankjoy
From Bankjoy
Many credit unions struggle to engage indirect members. This case study shows how CommunityWide FCU transformed its app into a financial hub, boosting member retention by up to 25% with integrated financial wellness tools.
Download Resource
Bankjoy
From Bankjoy
Discover how T-Fed credit union reduced their time spent on fraud investigations by 85%, while identifying over $55,000 in attempted fraudulent transactions in 6 months using a real-time multi-layered fraud prevention solution.
Download Resource
Bankjoy
From Bankjoy
For community FIs, selecting a digital banking platform based on price can lead to hidden costs like member attrition and security risks. This report reveals the true cost of 'budget' solutions and offers a framework for smarter investment. For community FIs, selecting a digital banking platform based on price can lead to hidden costs like member attrition and security risks. This report reveals the true cost of 'budget' solutions and offers a framework for smarter investment.
Download Resource
Bankjoy
From Bankjoy
When Ellafi FCU rebranded to serve women+, they needed a tool to deliver on their promise of financial empowerment. Discover how Bankjoy's JoyCompass led to a remarkable 18% member adoption in 24 hours and transformed their member experience.
Download Resource
Bankjoy
From Bankjoy
Megabanks seem to dominate digital, but credit unions have a hidden advantage. This whitepaper reveals 3 pillars to deliver a superior digital experience that attracts and retains members, especially younger generations.
Download Resource
CUCollaborate
From CUCollaborate
Credit union mergers are no longer a last resort, but a central strategic tool. This report analyzes recent data to reveal the key shifts in merger rationale, partner size, and regulatory scrutiny every CU board must understand to stay ahead.
Download Resource
CUCollaborate
From CUCollaborate
Credit union mergers have evolved from rescues to strategic imperatives. This playbook provides a framework for boards to navigate complex merger decisions, uphold their fiduciary duty, and ensure any combination truly benefits the members.
Download Resource
Elan Credit Card
From Elan Credit Card
Scale modern merchant services without adding internal infrastructure. Learn how a relationship?driven merchant model can help your financial institution enhance revenue and loyalty with small businesses.
Download Resource
Elan Credit Card
From Elan Credit Card
Did you know that nearly three-quarters of all banking interactions now happen through digital channels? A well-designed mobile banking app is no longer optional -- it?s essential.
Download Resource
Elan Credit Card
From Elan Credit Card
Nearly one-third of consumers don?t know their credit score or how to improve it. With financial planning tools, educational resources, and one-on-one support, credit unions deepen their impact with members while helping them meet their broader financial goals.
Download Resource
Elan Credit Card
From Elan Credit Card
Virtual cards are the next phase of digital payments with 42% of consumers using one within the past 6 months. Learn more about the growing payment method in this new report.
Download ResourceElan Credit Card
From Elan Credit Card
Rising fraud, digital demand, and regulatory pressure are reshaping credit card programs. Discover what it takes to maintain a competitive card program and why many credit unions are reconsidering in-house issuing.
Download ResourceAlogent
From Alogent
With new CFPB deadlines for Section 1071 approaching, credit unions must streamline data collection. This guide details how Alogent?s automation solutions can help you ensure compliance and enhance operational efficiency.
Download ResourceAlogent
From Alogent
Beehive Federal Credit Union transformed its commercial lending operations by replacing a manual, error-prone system with AccuAccount. Discover how they achieved greater efficiency, accuracy, and compliance in this detailed case study.
Download ResourceAlogent
From Alogent
Fraudsters are increasingly targeting the teller line. How can institutions strengthen in-branch security without creating delays for members? This case study shows how one credit union solved this challenge without a complete system overhaul.
Download ResourceAlogent
From Alogent
Credit unions struggle with disconnected systems and manual processes. This eBook provides department-specific use cases for an ECM platform that streamlines workflows, boosts compliance, and enhances efficiency across your entire organization.
Download ResourceAlogent
From Alogent
Credit unions face mounting pressure to manage information while meeting strict compliance demands. This eBook explores how modern Enterprise Content Management (ECM) technology helps credit unions mitigate risk and enhance efficiency.
Download ResourceAlogent
From Alogent
Move beyond legacy imaging and manual workflows. This eBook provides a maturity framework to help credit unions assess their current ECM strategy, identify gaps, and create a roadmap for digital transformation and efficiency.
Download ResourceAlogent
From Alogent
Efficiently manage documents and automate processes with Alogent's FASTdocs. This eBook provides actionable best practices to centralize content, enhance security, and deliver fast, secure access to information across your credit union.
Download ResourceAlogent
From Alogent
Is your credit union's commercial lending process slowed by manual tasks and paperwork? This guide introduces a digital solution to automate workflows, speed up loan decisions, and improve the member experience. Learn how to transform your operations.
Download ResourceCUCollaborate
From CUCollaborate
Considering a strategic merger but don't know where to start, this checklist provides you with a starting point for what is involved in each process of the merger evaluation. This checklist ensures your decision is data-driven and prioritizes member benefit. Learn the five phases of a successful merger, from strategy to integration, and fulfill your fiduciary duty to your members.
Download ResourceElan Credit Card
From Elan Credit Card
Digital engagement now determines which credit cards consumers choose, use, and keep. This new report from PYMNTS and Elan Credit Card reveals why the mobile app is becoming as important as the card itself.
Download ResourceBankjoy
From Bankjoy
Many credit unions struggle to engage indirect members. This case study shows how CommunityWide FCU transformed its app into a financial hub, boosting member retention by up to 25% with integrated financial wellness tools.
Download ResourceBankjoy
From Bankjoy
Discover how T-Fed credit union reduced their time spent on fraud investigations by 85%, while identifying over $55,000 in attempted fraudulent transactions in 6 months using a real-time multi-layered fraud prevention solution.
Download ResourceBankjoy
From Bankjoy
For community FIs, selecting a digital banking platform based on price can lead to hidden costs like member attrition and security risks. This report reveals the true cost of 'budget' solutions and offers a framework for smarter investment. For community FIs, selecting a digital banking platform based on price can lead to hidden costs like member attrition and security risks. This report reveals the true cost of 'budget' solutions and offers a framework for smarter investment.
Download ResourceBankjoy
From Bankjoy
When Ellafi FCU rebranded to serve women+, they needed a tool to deliver on their promise of financial empowerment. Discover how Bankjoy's JoyCompass led to a remarkable 18% member adoption in 24 hours and transformed their member experience.
Download ResourceBankjoy
From Bankjoy
Megabanks seem to dominate digital, but credit unions have a hidden advantage. This whitepaper reveals 3 pillars to deliver a superior digital experience that attracts and retains members, especially younger generations.
Download ResourceCUCollaborate
From CUCollaborate
Credit union mergers are no longer a last resort, but a central strategic tool. This report analyzes recent data to reveal the key shifts in merger rationale, partner size, and regulatory scrutiny every CU board must understand to stay ahead.
Download ResourceCUCollaborate
From CUCollaborate
Credit union mergers have evolved from rescues to strategic imperatives. This playbook provides a framework for boards to navigate complex merger decisions, uphold their fiduciary duty, and ensure any combination truly benefits the members.
Download ResourceElan Credit Card
From Elan Credit Card
Scale modern merchant services without adding internal infrastructure. Learn how a relationship?driven merchant model can help your financial institution enhance revenue and loyalty with small businesses.
Download ResourceElan Credit Card
From Elan Credit Card
Did you know that nearly three-quarters of all banking interactions now happen through digital channels? A well-designed mobile banking app is no longer optional -- it?s essential.
Download ResourceElan Credit Card
From Elan Credit Card
Nearly one-third of consumers don?t know their credit score or how to improve it. With financial planning tools, educational resources, and one-on-one support, credit unions deepen their impact with members while helping them meet their broader financial goals.
Download ResourceElan Credit Card
From Elan Credit Card
Virtual cards are the next phase of digital payments with 42% of consumers using one within the past 6 months. Learn more about the growing payment method in this new report.
Download ResourceElan Credit Card
From Elan Credit Card
Rising fraud, digital demand, and regulatory pressure are reshaping credit card programs. Discover what it takes to maintain a competitive card program and why many credit unions are reconsidering in-house issuing.
Download Resource