News Archives

MCUEs: Loans outstanding increased 0.8% in May

MCUEs: Loans outstanding increased 0.8% in May

Credit union loans outstanding increased 0.8% in May, compared to a 0.6% increase in April of 2021 and a 1.1% increase in May of 2020, according to CUNA’s latest Monthly Credit [...]

Nothing beats the real thing

Nothing beats the real thing

New hires for contact center positions at Corning Federal Credit Union ($2.0B, Corning, NY) are often entry level. These hires are typically in their early 20s and from outside the financial services industry but [...]

Chatbots are popular, but are they up to the task?

Chatbots are popular, but are they up to the task?

Financial institutions have increasingly been utilizing Chatbots over the last few years. But when the stay-at-home orders hit during the pandemic, adoption accelerated dramatically. Research from Cornerstone Advisors revealed that heading into 2020, just 4% [...]

Analyzing credit unions’ 2019 SEG additions

Analyzing credit unions’ 2019 SEG additions

What is a SEG? Though commonly referred to as Select Employee Groups or SEGs, these groups can share any common bond of association or occupation, not just a single employer. Common types of SEGs include: [...]