New Study Highlights How CUs Can Attract More Millennials
More than 50% of millennials can't distinguish between CUs and banks, indicating that credit unions still face a significant awareness gap with younger consumers.   more »
CUs in Wisconsin and Alabama sign on with CUSO's NPS technology more »
Latah FCU has converted to a state charter with private share insurance, citing NCUA's potential for interference in the credit union's operations through its management of the share insurance fund. more »
Financial institutions may have a reputation for being old-school, but their rapidly growing digital-ad budgets are in step with the rest of the business world. Credit unions and banks can both gather valuable demographic data from who clicks on their ads and better measure returns on their investments. more »
Pentagon Federal Credit Union in Alexandria, Va., has agreed to acquire Clovis, N.M.-based High Plains Federal Credit Union. more »
Strategic Resource Management (SRM) said it has launched a consulting focus area dedicated to helping credit unions and banks capture maximum benefit from vendor contracts during and after a merger or acquisition. more »
Merger will be finalized on Oct.1, after being in the works for nearly a year. more »
Initiative gives high school students on-the-job vocational training. more »
A group of financial industry players — including mortgage servicers and credit unions — are joining together to form a new coalition promoting workforce diversity. more »
More and more for-profit banks are getting CDFI status, with many viewing it as a way to better position themselves within the markets they serve. more »
Effective August 16, the agency became known as Summit Insurance, a division of TCU Insurance Agency LLC. more »
The Credit Union National Association on Wednesday released the 2016-2017 CUNA Staff Salary Report, which the trade group says provides "exhaustive" data on compensation trends for credit unions across the country. more »
Following a 96% affirmative vote from its membership, Ecolab Credit Union will merge into SPIRE Credit Union on October 1. more »
PenFed Highlights the CU Difference
PenFed CU CEO James Schenck went on TV to discuss the difference between banks and credit unions, and the credit union difference.