News Archives

Branching evolves as membership grows

Branching evolves as membership grows

The number of branches operated by U.S. credit unions continues to decline, but surviving locations are evolving to encompass all aspects of retail delivery. There were 18,135 credit union branches operating in the [...]

Have a financially healthy holiday!

Have a financially healthy holiday!

It is September and if you were to step into a few stores, you would think the holidays start tomorrow! Ornaments, decorations, cards, wrapping, and trees are all available already. This made me wonder about [...]

Compliance: Start from a place of ‘yes’

Compliance: Start from a place of ‘yes’

Sherry Joseph, vice president of risk management and compliance for $3.8 billion asset SECU in Linthicum, Md., was named best-in-class winner (runner up) for CUNA’s 2019 Compliance Champion Award among credit unions with [...]

Money is emotional, not transactional

Money is emotional, not transactional

According to the Federal Reserve, over 14 TRILLION financial transactions are conducted every single day. Making a deposit. Applying for a loan. Withdrawing money. Writing a check (wait, does anyone still do that?). Those are [...]

How credit unions can take the lead in personalization

How credit unions can take the lead in personalization

The personalization engines of retail giants, including Amazon, have established a new standard for customer experience. As a result, consumers now have the same expectations outside of retail environments. They want their banking provider to [...]

Understanding APR

Understanding APR

According to the Financial Industry Regulatory Authority, 65% of Americans lack financial literacy. With this in mind, let’s look at a common financial phrase that you’ve heard if you’ve ever borrowed money [...]