A small-dollar loan service for directly paying bills will soon be offered by Online Resources Corp. to its customer base of direct billers, including utilities and financial institutions.
The industry debate over term limits for directors surfaced anew last week with Unitus Community CU of Portland, Ore. announcing that it has adopted new guidelines to deal with the sensitive matter.
Top political strategists for CUNA and NAFCU said it is too early to determine what the national political trends will be next year but they are determined to ensure that credit unions have more allies on Capitol Hill who can help further the industrys agenda.
Credit unions servicing a significant number of mortgages might benefit from a new tool to help determine which mortgage holders were at the highest risk for choosing to default, FICO said.
As many continue to question the value of social media–whether tweets, friends and video posts on YouTube can actually help credit unions grow–Filene Research Institute has taken a closer look at the topic in a new report, The State of Social Media in Credit Unions: Opportunities and Challenges.