An iPhone mobile app is now being offered by CU Companies to the CUSOs owners and partner credit unions to offer their membership.

In an attempt to achieve economies of scale, the $2.2 billion Catalyst Corporate FCU and the $1.1 billion First Corporate CU announced on May 9 that the two have signed a nonbinding letter of intent to consolidate through a purchase and assumption transaction later this year.

The constant challenge for a credit union is to become and stay a members primary financial institution. Marketers use PFI! as an impassioned rally cry, yet, what creates a members PFI choice is different per individual.

At a recent investment education seminar at a large hospital in Boston, Matthew Morrow witnessed what he says is a shift in who were asking some of the more poignant questions.