With autumn nipping at the heels of the last days of summer, credit unions are already gearing up to roll out their holiday loan programs.
Securityplus Federal Credit Union, Baltimore, announced the hiring of John Godwin as the new chief operating officer. Godwin joined Securityplus FCU after a 12 year career at MECU of Baltimore, where he served as vice president – business development/strategic alliances. During his tenure, MECU increased its number of select employee...
In their quest to comfortably cover operating expenses with help from noninterest income, several credit unions said this year, they’ll mostly rely on NSF fees and interchange income, followed by income from insurance products and monthly service fees.
Crafting a noninterest income strategy is an excellent way for credit unions to boost their revenue, but turning members off by unwanted fees in the process can defeat the whole purpose. That’s the premise of a new report from Filene Research Institute in Madison, Wis. titled, “In Search of Member-Friendly...
Think firm cites importance of checking fees, GAP income but says don't lose focus on being member friendly.
Texell CU bets characters named Cash, Savvy, Earnie, Charity, Spendy and Mooch can help kids learn how to save and manage money.
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