News

CU*SWAG helped spread the CU love for International Credit Union Day via its Facebook page and partnering with I Wear Your Shirt.

While many directors agree that attracting and retaining younger, more diverse directors with a broader base of backgrounds is a priority, recruitment remains a challenge.

Xtend Inc., a provider of back-office services to credit unions, said it has exceeded the $1 million mark in revenue for a fiscal year for the first time in its eight-year history.

Gen Y is going to be spending $2.45 trillion annually by 2015, and credit unions that want a piece of the pie will have to look at their lending product offerings to see whether they match young people's needs and expectations.

In the current climate of rising delinquencies and tightened regulation, credit unions need to be smarter to find opportunities to improve non-interest income.

Saying that the recovery isn't occurring fast enough, the Federal Reserve announced today it will buy $600 billion of U.S. government debt over the next eight months.