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Tim Schafer
The Nilson Report reveals 2016 credit card market share, prepaid card investments and acquisitions, and more.
Michael Ogden
Deregulation is now a word my teenage sons understand. Theyve heard it enough from the news and my mouth. What they don't understand is how a washing machine works. But that's another issue for another time.
Following four consecutive quarters surpassing five billion electronic payments each, overall ACH network volume in 2016 reached 25.6 billion transactions and $43.7 trillion transferred, according to NACHA The Electronic Payments Association.
The NCUA placed the $106 million Shreveport Federal Credit Union into conservatorship April 13 to resolve its unspecified safety and soundness issues while the Louisiana cooperative remains open to serve its 22,235 members.
Shoppers are using their credit cards more frequently on small purchases that they typically handled with cash in the past.
The $1.2 billion Rogue Credit Union in Medford, Ore., promoted Lisa Dolmage to market vice president. In this position, Dolmage will lead the credit union's Grants Pass and Roseburg markets. She has 28 years of financial instruction experience, most recently managing Rogue's downtown Grants Pass branch.
The CFPB will focus its fair lending resources on small business lending, mortgage and student loan servicing, and redlining, the agency announced in its annual Fair Lending Report.
With rates likely to tick up and more eyes turned toward lending, credit union executives must ensure they don't neglect their noninterest income programs, especially for credit and debit cards. Learn how to sustain NII in credit and debit card portfolios in this Focus Report.
Tahira Hayes
Employees perform better when they take the time to travel - and they don't have to spend a ton of dough.
Peter Strozniak
The Maine Harvest Credit Project aims to serve small farmers' unique business needs.
Todd Clark
Learn three debit and credit trends that are demanded by members and essential for credit unions to meet.
Roy Urrico
Filene works to help CUs generate loans, mobilize savings and reinforce membership.
Paul Stull
The agency's regulations are interfering with credit unions' 'people helping people' philosophy.
David Baumann
Republicans prepare to employ a little-used legislative tool to kill the CFPB's prepaid card rules.
Tina Orem
Credit unions can't let noninterest income programs slip away, especially for debit and credit cards.
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Copyright © 2023 ALM Global, LLC. All Rights Reserved.
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