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From disruption to member service and thinking like a fintech, here are the highlights from the final day of the California & Nevada Credit Union Leagues' annual conference.
November 14 -
The company hired Kevin Thompson, a CFO with big-bank experience, to take over its top financial post. Once a fast-growing bank, Opus has spent recent months cutting costs and exiting certain business lines.
November 14 -
The most popular P-to-P schemes such as Venmo are still linked to an underlying payment card, meant to benefit “pull” payment incumbents, according to RPGC's Rene Pelegero.
November 14
RPGC Group -
Louisiana-based credit union says its request is one of the largest ever approved by NCUA.
November 14 -
The acquisition is expected to boost WesBanco’s presence in Huntington, W.Va., and provide a bridge to its existing operations in Charleston, W.Va., and southeastern Ohio.
November 14 -
The company will pay $53 million in cash and stock for Signature Bank.
November 14 -
The San Francisco company is one of numerous online lenders that are struggling to become profitable.
November 13 -
A new ad campaign aims to differentiate the credit union from big banks.
November 13 -
When a coder locked $150 million of digital currency stored in Parity digital wallets last week, many bankers probably saw it as another reason to ignore cryptocurrencies. Instead they should recognize the business opportunity (key custody) that the incident presents.
November 13 -
SDCCU’s member base increases 10.4 percent in one year, total assets up to $8.2 billion.
November 13 -
In mid-2015, several thousand banks registered for dot-bank domains. More than two years later, only a few hundred have converted.
November 10 -
Volunteers, staffs, participants and their families are now able to bank with the credit union as a result of a partnership that grew into a business opportunity for NWCCU.
November 10 -
Issuers have access to a treasure trove of helpful data about us, such as our payment habits, investment activities, purchases, and so on, writes Sanjay Bhakta, senior director of solutions for Ness Digital Engineering.
November 10
Ness Digital Engineering -
Two analysts from Experian offered tips on how credit unions can boost membership and increase loans during the California and Nevada Credit Union Leagues' annual meeting.
November 10 -
As use of smartphone apps begins to surpass online channels at some institutions, banks are facing pressure to offer clients more robust services.
November 9 -
Credit unions promoted would-be executives to the assistant vice president slot--the launch pad to the C suite.
November 9 -
The credit union's board has appointed CFO Arlene Bernard to the position of interim CEO while a nationwide search for McFadden's successor is underway.
November 9 -
Despite digital mortgage advances, borrowers think it still takes too long to get a loan, J.D. Power finds in its annual customer satisfaction ranking of originators.
November 9 -
Ronald O’Hanley withdrew from law school at Vanderbilt University in 1983 after admitting to plagiarism while editor-in-chief of the school’s law review, according to a news report.
November 9 -
The regional bank’s first-year CEO is doing some expected things, like offering more products through digital channels, and making a few surprising moves, like inviting all credit card customers to switch to lower-rate loans.
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