The commercial lending boom among credit unions continues to reach new heights. As of the end of the first quarter 2019, outstanding commercial loans at credit unions reached $73 billion, up 33% since 2015. However, [...]
CUNA announced Tuesday that the Awareness initiative’s Open Your Eyes to a Credit Union® campaign will launch in three new states within the next month. Currently running in Minnesota, North Carolina, South Carolina and [...]
As the debate on overdraft protection continues, NAFCU's Carrie Hunt says credit unions can serve as the solution to the perceived flaws of this vital resource in an op-ed for CU Today. Hunt, NAFCU's executive [...]
Whether you believe in climate change or not, natural disasters seem to be getting worse in recent years. Fires along the West Coast and flooding and tornadoes from the Midwest to the East Coast have [...]
The trade group representing the nation’s community banks is arming its members to battle credit unions on the local level. The Independent Community Bankers of America has identified the instances of credit unions purchasing [...]
The user provisioning process is an integral part of your credit union’s security. It can often be considered an IT problem, but it is an area that affects the security and operation of the [...]
Discover just announced that it is eliminating all fees on its checking and savings accounts, as well as its CDs and money market accounts. Discover's customers will no longer pay maintenance fees, overdraft charges, stop-payment [...]
On a recent trip to New York, I stopped by a bank on Fifth Avenue, where I was greeted by a friendly employee named Pepper. We exchanged a few pleasantries before she provided me with [...]
There’s a common thread running through financial institution marketing from the biggest to the smallest. Sports. The biggest institutions have their names all over baseball, soccer, golf, football, and many other sports. Bank of [...]
Aaron Wadley-Child is a business loans operation specialist at Nusenda Credit Union($2.4B, Albuquerque, NM) whose career at the cooperative began with a high school class for college credit. Wadley-Child, in fact, is one [...]
The term “digital natives” may have started with Millennials, but Gen Z takes it to a different level: This group has never known the world without the Internet. Gen Z is defined as the group [...]
The success of credit union mergers is largely dependent upon CEOs' perceptions of the process. There are typically many unknowns when a credit union is first approached as a merger partner. Of course, human nature [...]
During a recent discussion, nearly 50 credit union CEOs deliberated that consumers may not seek a primary financial institution (PFI) for all financial services needs. That prompted further discussion on delivery, marketing, pricing, products, technology, [...]
Both the House and Senate are in session this week and will be conducting several hearings of note to credit unions. On Wednesday the House Ways and Means subcommittee on oversight will conduct a hearing [...]
Total retail sales increased 0.5 percent in May, and April's sales growth was revised upward from -0.2 percent to +0.3 percent. NAFCU's Curt Long noted that strong gains in consumer spending may [...]
