News

Credit unions are slowly navigating their way to connect with members online.

A program developed by the Filene Institute's i3 initiative has won a $300,000 grant from the Center for Financial Services Innovation to roll out a program that will reward CU members who have low FICO scores for making loan payments on time.

Unemployment, rising debt and financial uncertainty are continuing to change the perception of those who are using payday loans.

With members expected to continue paying down debt, credit unions could see the same type of savings growth experienced in 2010.

At Visions Federal Credit Union, the face of wealth has taken on different and nontraditional features.

The interchange cap, loan demand, compliance burdens and corporate pricing are all figuring in the early discussion of those newly named Federal Reserve panels composed of bank and credit union CEOs.