News

Credit union savings grew faster than loans for the month of September, according to CUNA, but the question remains whether this is an anomaly or the start of a trend.

Achieving effective organizational innovation requires more than simply aligning information technology and business areas--a company must partner the two aspects of operations, said two CUNA Mutual Group officers during Insurance & Technology's 8th Annual Executive Summit held last week.

Dynamic Card Solutions, the firm that provides credit unions with the ability to instantly issue debit and credit cards as well as issue personal identification numbers, has partnered with a CU that is taking this ability overseas.

Credit unions witnessed a sustained slowing of economic activity in the third quarter and there's still uncertainty on whether consumer spending will decrease given the flux within the housing market.

Financial institutions could begin carrying more of the load with regard to blocking "bad" transactions, according to one NAFCU attorney.

Raising certificate rates can be a good way to secure liquidity for lending in the short-term, NAFCU Chief Economist Tun Wai explained.