A foreclosure increase in 2015? Huh? I thought we were past this mess. Apparently not, according to Kaufman & Canoles' Brian Dolan, whose firm made quite a few bold predictions for credit unions in 2015 [...]
GAC is right around the corner. In fact, just a few days from now—and the CO-OP experience will be as engaging as ever. Our official theme is “Seize The Now: Engage The Modern Mind.” [...]
by: Zac Pollock Does your credit union currently offer member business loans (MBLs)? Do you ever feel overwhelmed trying to find regulatory guidance or other important information pertaining to member business lending? Recently, the NCUA [...]
Millions of Americans have switched from banks to credit unions in recent years. One big reason for this: credit unions have traditionally lower fees than banks. They still do, according to a new report from [...]
“If someone didn’t care to make their product perfect, they were a bozo.” Steve Jobs did not suffer imperfection—period. A close friend and co-worker of his once used the Bozo comment to describe [...]
Today’s financial services industry is an ever changing landscape of innovation and competition, leaving credit unions to ask: Should we offer new services? How do we compare to other credit unions? Do our members [...]
The term “disruption innovation” is as recent as the 1990s, but the action behind it traces back to the first human technology – the innovation of farming some 12,000 years B.C. Fast forward to [...]
According to the Federal Reserve, Chip and PIN technology involving a secure microchip used with a numeric code makes transactions about 700 times more secure than older payment methods. Is Chip and PIN technology a [...]
by: Melinda Peterson In February, the CFPB took action against three mortgage companies, Flagship Financial Group , American Preferred Lending , and All Financial Services , for allegedly violating Regulation N, Mortgage Acts and Practices Advertising. This rule [...]
by: Amanda Lowery If you’re like most credit unions, you have a lot of Baby Boomer members. Your most high-value current audience is the smaller Gen X crowd, because they are in the peak [...]
by: Henry Meier With apologies to those of you who have the temerity to consider football boring, yesterday afternoon the credit union industry was granted the legal equivalent of a referee reversing his call based [...]
You can’t seem to read any of the trade press without some reference to attracting Millennials. They are the golden child of the future of Credit Unions and every is looking for that elusive [...]
In a payments marketplace already crowded with plastic card consolidators such as Plastc, Swpe and Coin, and mobile payments solutions such as Apple Pay, Android Pay, Samsung Pay and PayPal, Stratos hopes to encourage consumers [...]
It wasn’t long ago that I, like the majority of U.S. consumers, didn’t understand the credit union difference. To me, they were all the same, just like every other financial institution. They [...]
As mobile and online banking technologies advance, credit union marketers have an increasingly daunting challenge – how to reach people that never visit your branch. A statistic from Bankrate.com suggests that nearly one-third of your [...]
