News

Wait till next year. Thats the motto of fans whose teams have a disappointing season, and its also sums up the political strategies of CUNA and NAFCU.

For South Carolina Federal Credit Union, investing in employee development has not only helped the training department run more efficiently but has also proven to be award winning.

Hockey icon Wayne Gretzky had the right strategy when it came to outwitting his opponents on the ice.

Its an arcane subject that is of concern mainly to financial institutions and retailers and one that rarely generates headlines. Last year, however, everything changed.

Now that the deadline for the Durbin amendment interchange cap to take effect has passed, financial institutions are continuing to develop ways to offset lost interchange revenue. One solution? Raise fee income by making debit and ATM transactions more expensive for consumers.

Claiming it is being made a scapegoat, a Hollywood, Calif. credit union, the $83 million Musicians Interguild, is wrangling with regulators this week over how to treat modifications on real estate loans written as interest-only and now deemed delinquent on Call Reports.