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VACAVILLE, Calif.-Information never felt so good at Travis CU here, ever since the $1.6-billion CU unified all data-member, organizational, financial, product and transactional-through one platform.
September 27 -
TUKWILA, Wash.-BECU was in for a big surprise when it launched its mobile banking application in late August-nearly 13,000 members downloaded the application in the first week, 8,000 of those on the first day.
September 27 -
SILVER CITY, N.M.-Credit unions are throwing money at Microsoft instead of using free, open software and giving the savings back to members, according to Bill Stites, CIO at $27-million Chino Federal Credit Union here.
September 27 -
VIENNA, Va.-In June 2009, a Navy FCU member named Chris started a Twitter account called "NFCU Sucks," apparently using it as a stage to complain bitterly about the credit union's overdraft fees.
September 27 -
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ROMULUS, Mich.-At any time of day, expect to see Amy McGraw pecking away at her BlackBerry on Twitter, "tweeting" with her members about the Mexican restaurant where she's eating or a movie she's about to see.
September 27 -
ROMULUS, Mich.-Some credit unions may be worried about compliance when they use Twitter and other social media sites.
September 27 -
WASHINGTON-In her debut speech to credit unions, new advisor of the Consumer Financial Protection Bureau Elizabeth Warren said the CU industry can be a strong ally for consumers.
September 27 -
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A credit union executive writes to concur with the Sept. 6 letter-to-the-editor, Fold NCUA's Tent Before Regulator Folds CUs."
September 27
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Legacy assets. In the fine tradition of "deferred success" and "convenient terms," yet another euphemism aimed at telling it like it isn't.
September 27
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The window of opportunity for credit unions to convert casual members to become their primary financial services provider is slowly closing.
September 27
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Anyone who has ever had an NCUA examination and experienced a disagreement over their level of loan loss reserves can appreciate the reasoning behind NCUA's recent assessment.
September 27
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GROTON, Conn. – Almost 2,600 members of Charter Oak FCU had a nice surprise last week when they received $100 checks under the credit union’s multi-service Gold Rewards program.
September 26 -
ONTARIO, Calif. – Representatives from several credit unions in the western states on Friday announced the formation of a Corporate Realignment Task Force, which they said will devise a cost-effective, cooperative structure to provide CUs with essential services that historically have been provided by corporate credit unions.
September 26 -
WASHINGTON – Immediately after NCUA unveiled its proposed new rules for corporates, both CU trade associations saw a few streaks of silver lining in the plan.
September 26 -
BIRMINGHAM, Ala. – Actions taken Friday by NCUA to conserve three more corporates and announce the new corporate credit union rule were “well thought out, bold” and what needed to be done to further protect natural-person CUs and their members, Thomas Bonds told Credit Union Journal.
September 26 -
ALEXANDRIA, Va. – The NCUA Board approved reforms to its corporate credit union rules on Friday that will severely restrict the powers of the corporates, making them little more than pass-throughs for investment services.
September 26 -
ALEXANDRIA, Va. – NCUA’s newly passed corporate rules are expected to unleash a major restructuring of the corporate credit union network that will entail consolidation of the disparate group of 28 regional corporates. The question to be settled is: who will lead that effort?
September 26
