News Archives

NAFCU launches CU effort on reg relief, data security, RBC

NAFCU launches CU effort on reg relief, data security, RBC

With the House and Senate at home for a two week district work period, NAFCU is launching a grassroots effort to encourage credit unions to set up meetings with their representatives and senators and talk [...]

4 ways to grow your credit union’s membership base

4 ways to grow your credit union’s membership base

In today’s ever-changing financial industry, credit unions continue to thrive in spite of fierce competition from huge banking institutions and ongoing regulatory challenges. This success is often attributed to credit unions’ cooperative foundation and [...]

CUs continue to assist in Hurricane Maria recovery

CUs continue to assist in Hurricane Maria recovery

Credit unions continue to assist to victims of Hurricane Maria, which devastated Puerto Rico on Sept. 20, 2017. First Tech Federal Credit Union in Mountain View, Calif., has compiled a video detailing the story of [...]

California credit union CEO fired

California credit union CEO fired

Jeff York was fired as president/CEO of CoastHills Credit Union on March 16, following an internal investigation into alleged “inappropriate management behavior.” “Early this year, the CoastHills board of directors was informed by regulators [...]

The four pillars of digital transformation in banking

The four pillars of digital transformation in banking

Four out of five financial institutions believe that digital will fundamentally change banking and completely transform the industry’s competitive landscape. But according to research from the Boston Consulting Group, less than half (43%) confess [...]

Things you can still get for a dollar

Things you can still get for a dollar

A dollar went a whole lot further back in the day. In fact, more than 100 years ago four cents bought what a dollar buys today. Back then a loaf of bread was a nickel [...]