Commentary

Since before the turn of the century credit unions have been looking for a legislative win. Something that will not only improve our charter but also show that we can get proactive legislation passed. With the proposed MBL bill, we had the perfect legislation at the perfect time.

Opinions from leaders at GAC.

The aim of the GAC is political advocacy, but it should also reinvigorate credit union professionals with the cooperative nature of the industry.

Data capture by hackers can occur through employees using unapproved applications on corporate networks. Personal emails are the most common application followed closely by online banking and shopping.

For credit unions wanting to grow their purchase-mortgage portfolios, the secret is online.

As the latest round of quantitative easing (QE3) commences, this significant government investment will present many lending opportunities for credit unions. QE3 will drive investment in private businesses, boosting corporate profits, which will enable companies to finance expansion projects and invest in value-added business services, like consulting and leasing companies.