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City of Boston Credit Union also expanded its field of members earlier this year. The moves are part of a long-term growth strategy to remain competitive.
November 21 -
In a push to be on the leading edge of technology, Tennessee-based Enrichment Federal Credit Union launched a service through Amazon's Alexa by first making sure employees knew what to do.
November 21 -
In a plea agreement, Kam Wong consented to forfeit and repay more than $9.8 million embezzled from the New York credit union. He is scheduled to be sentenced in April 2019.
November 20 -
It started with financial literacy classes, but now Chelsea Groton Bank in Connecticut is offering crafts and other so-called lifestyle courses, all in an effort to connect with the public and drive traffic to its branches.
November 20 -
Paysafe has partnered with Paytm Canada, the Toronto-based division of Indian mobile payments juggernaut Paytm, to improve the capabilities of Paytm's Canadian app, which currently supports utility and bill payments.
November 20 -
Larry Helling will take over next spring as CEO of the $4.8 billion-asset QCR Holdings, when Douglas Hultquist retires.
November 20 -
Patelco Credit Union wanted to boost membership so it launched a referral program that help add more than 3,000 members in less than three months.
November 20 -
CONSOL Employees Credit Union has filed an application to merge into Century Heritage Federal Credit Union.
November 20 -
The Wisconsin-based institution has seen a 10 percent boost in loan volumes since implementing a new e-docs platform last year.
November 20 -
In a bid to help younger consumers, CommunityAmerica Credit Union’s new FAFSA chatbot can answer more than 400 questions about applying for federal student aid.
November 20 -
Earlier this year Ripple announced that it has dedicated $50 million toward the University Blockchain Research Initiative, partnering Ripple with 17 universities around the globe from the U.K. to Brazil, with the aim of accelerating new innovations in blockchain and cryptocurrencies.
November 20 -
Efforts to create city- or state-owned banks in Los Angeles, Seattle and New Jersey have suffered setbacks of late, but public banking advocates are taking the long view.
November 19 -
Wescom Credit Union members needed help accessing account and routing numbers – information easily found on checks. But with fewer members using checks these days, the CU needed a new way to help members get that info.
November 19 -
The move allows the Michigan credit union to expand its operations in Illinois and southern Wisconsin.
November 19 -
This is Advia CU's third bank purchase in three years, following deals in Indiana and Wisconsin.
November 19 -
Seeking a stronger foothold in the growing India payments landscape, Visa has made a minority investment in digital payments platform BillDesk.
November 19 -
Starbucks has established itself as a model for mobile payments among coffee drinkers, but Barclays is partnering with a U.K. coffee chain to take it a step further by bringing the coffee cup itself into play.
November 19 -
CUs in Kansas, Missouri, Texas and Florida have joined the Kansas City-area credit union service organization.
November 19 -
In the past few years the Chinese government has loosened restrictions on foreign travel, enabling millions of its citizenry to visit foreign lands. Along with a greater ability to travel is the enhanced prosperity Chinese consumers have reaped at home — and now bring with them on vacations to purchase foreign goods.
November 19 -
A credit-builder loan at Virginia-based The Partnership Federal Credit Union wasn't meeting the needs of as many members as it could. Here's how the CU fixed that problem.
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