News Archives

Changing cardholder purchasing trends

Changing cardholder purchasing trends

PSCU uses its Member Insight suite of analytic tools to analyze credit and debit card transactions conducted during the holiday period by members of its Owner credit unions each year. The analysis looks closely at [...]

Loan Zone: Home improvement

Loan Zone: Home improvement

In this bigger-is-better world, sometimes it’s beneficial to remember the small(er) things credit unions can do to help their members. Mortgages are a major source of income for financial institutions, but what if [...]

Prepare for new IRA reporting requirement

Prepare for new IRA reporting requirement

The Internal Revenue Service (IRS) now requires separate reporting of any late rollover contributions self-certified by an individual retirement account (IRA) owner on Form 5498, IRA Contribution Information. The new requirement is effective on the [...]

An update on where ADA litigation threat stands

An update on where ADA litigation threat stands

In the face of ongoing legal threats, credit unions are spending money to make adjustments to their websites so as to make them more accessible to those with disabilities and to also stay out of [...]

4 keys to member business loan success

4 keys to member business loan success

Why do credit unions want to compete in the small business banking landscape? For one, the average credit union business loan size ($290,000) is larger than the average consumer loan and even some mortgages. [...]

Protect your schedule, time and attention

Protect your schedule, time and attention

Are you constantly competing with others over your schedule? Do you feel inundated by a barrage of interruptions and distractions each day that leaves you feeling as if you worked like a crazy person all [...]

The dreadful reality of a wasted planning session

The dreadful reality of a wasted planning session

Every year credit union leaders and volunteers gather with the best of intentions, hoping to discuss where they’ve been, where they are, and where they’re going. The ultimate goal of these sessions is [...]

Millions of payment cards exposed in Saks, Lord & Taylor breaches

Millions of payment cards exposed in Saks, Lord & Taylor breaches

Millions of shoppers' payment card information used at Saks and Lord & Taylor department stores was compromised in a recently confirmed data breach. The hackers, who reportedly began stealing card information in May 2017, claim [...]