Credit Union Management

NAFCU presented a generally favorable report on the health of credit unions during its meeting with leaders of the Federal Reserve Board this week.

NAFCU presented a generally favorable report on the health of credit unions during its meeting with leaders of the Federal Reserve Board this week.

A new Aite Group report advises financial institutions to prepare themselves to fight mobile fraud, something the Boston-based think firm says will increase alongside mobile banking adoption.

Members who make an initial minimum deposit of $5,000 on a new share certificate will be paid a $25 bonus dividend, and members who deposit at least $10,000 into a new share certificate account will earn a bonus dividend of $50.

Members who make an initial minimum deposit of $5,000 on a new share certificate will be paid a $25 bonus dividend, and members who deposit at least $10,000 into a new share certificate account will earn a bonus dividend of $50.

There are currently 211 CUs in the state, down from 260 in 2007. Only two are federal credit unions.