Fintech

In a landmark decision, the U.S. Supreme Court ruled that same-sex couples have a constitutional right to marry nationwide. In the wake of this historic ruling that caps the biggest civil rights transformation in a half-century, Credit Union Journal looks back at a report about how CUs can grow their businesses by pitching wedding-related products to same-sex couples.

New data from the League of Southeastern Credit Unions found that CUs in Florida and Alabama added more than 100,000 new members during the first three months of 2015 as well as some other impressive gains.

Officials at NAFCU say they have been considering allowing federally insured, state-chartered, credit unions into the trade group for nearly a decade. NAFCU announced Tuesday that it had changed its bylaws to expand membership to nearly all CUs in the nation.

NAFCU is expanding its membership to include federally insured, state-chartered credit unions, putting it directly at odds with CUNA, which had previously been the only trade representing both federally and state-chartered institutions.

Green Dot late Monday announced a five-year renewal of a prepaid card contract with Walmart, though the retail giant will get a larger share of revenue.

As NCUA re-examines its field of membership statutes, Credit Union Journal turns to the states to see how the federal charter stacks up against those of the states.The data used to compile this report is from the 2014 Profile of State Credit Union Regulatory Agencies published by National Association of State Credit Union Supervisors, unless otherwise noted.

As NCUA re-examines its own field of membership rules in search of opportunities to make it easier for credit unions to grow, it's not just looking inward. The regulator is also looking toward the 45 states that have CU-enabling statutes of their own.

CUs posted incremental growth in a number of fields in April, with lending, membership and other areas seeing continued increases, according to a new CUNA Mutual report.

U.S. ATM operators still in the process of upgrading to EMV-chip card acceptance must also be ready to accept debit cards with common application identifier coding.

While hosting its second annual community carnival at its Hilliard branch last week, Credit Union of Ohio used the occasion to unveil a new logo and refreshed website.