Marketing

The $100 million Money One Federal Credit Union's Thomas Bowen said credit unions that don't consider their gay, lesbian and transgendered members are missing out on a huge opportunity.

The average yield for interest-bearing rewards checking programs of credit unions and banks is now at 3.3%, according to a new study issued by Bankrate Inc. the Florida-online research firm.

Large banks may be in survival mode now, but "once they get their TARP funds back" these competitors will become more challenging than ever to credit unions, former NCUA chairman Dennis Dollar warned California/Nevada CU leaders late Friday.

Marketing changes, including new signage and ad material, were being readied this week for the April 1 startup of the newly branded $1.5 billion Lake Trust Credit Union of Lansing, Mich.

CUES Net will be getting an upgrade in April. With 1,974 active users, CUES Net provides CUES members with an interactive forum to discuss credit union topics ranging from operations to governance.

Redwood Credit Union has once again partnered with the Santa Rosa, Calif., School District to offer a free 16-hour financial academy for local high school students.