Rewards checking encourages noninterest income-generating behaviors and helps reduce expenses.
Credit unions must adapt their frontline technology plans to keep up with their increasingly tech-savvy members.
Initiatives include bicycle and solar water heating loans, online banking incentives and a photo contest.
Community Choice Credit Union's revamped member rewards program led to significant growth.
Despite daily announcements of credit unions converting to new core processors, some say long-term core relationships are best.
When marketing e-statements, solar loans, etc., environmental benefits must be backed by facts.
When marketing hybrid car loans and other eco-friendly products, environmental benefits must be backed up by facts.
Two Sides U.S. says credit unions that promote e-statements and digital services could be violating federal marketing regulations.
The credit union industry is leading the way with green initiatives, from small shops to the NCUA.
The File Expansion Project by CU*Answers expands the CUSO's system by two numerical fields, allowing deposit and loan balances of up to $999,999,999.