With higher capital standards proposed for banks under Basel III guidelines, analysts are concerned over why there is not much discussion within credit unions about how those same rules could affect them.
After 16 years of operating a unique customized software sales solution that focused on quality of sales opposed to quantity, One Nevada Credit Union was stuck in a pickle as the application became outdated.October 22, 2012
With some 760,000 members, BECU is nearing 10% penetration with its mobile solution, and Howie Wu, VP of virtual banking believes mobile continues to be a point where CUs can differentiate themselves.
Credit unions may be at a tipping point when it comes to delivery channels.
Credit unions aren't close to tapping the power of social media in telling members and potential members all they have to offer.
After winning the $100,000 Extreme Network Makeover sponsored by Horsetail Technologies and Credit Union Journal, Liberty Savings FCU has now entered the assessment phase designed to lead to a new and improved operating system.October 22, 2012
Credit union executives were so impressed by the latest innovations and ideas presented at the recent BAI Retail Delivery Conference that many were already budgeting to make purchases and implement new cutting-edge technologies on display.
In an effort to streamline loan optimization, Denali Alaskan FCU has tapped its own in-house IT talent to build software architecture that has successfully moved it to a paperless environment and increased overall efficiency.
Mountain America Credit Union's recent migration to a customized remote deposit platform has drastically changed the way in which members are approaching banking.
Building on a longstanding, successful relationship, Pentagon FCU recently announced its migration from Mortgagebot to Mortgage Marvel.
When Schools Financial Credit Union learned that its outsourced provider, WesCorp, was folding, a tough decision loomed that ultimately has now led to the development of an in-house item processing platform.October 22, 2012
It seems a shame we limit these debates to politics, doesn't it? What if credit unions and their trade groups hired their presidents in the same way?
The crisis of 2007-2008 brought profound changes to the financial services industry as well as to the American consumer's habits, changing the CFO's role.October 22, 2012
With higher capital standards proposed for banks under Basel III guidelines, analysts are concerned over why there is not much discussion within credit unions about how those same rules could affect them.October 22, 2012
Credit unions should be bracing themselves for a pending wave of new regulations.October 22, 2012
Someday CUs may become accustomed to risk-weighting their assets if Basel III rules make it to credit unions.October 22, 2012
CUNA and NAFCU are split on whether Basel III rules will eventually affect CUs, while NCUA is saying very little about the subject.October 22, 2012
If credit unions are relying more than ever on its investment portfolio to bolster ROA, Basel III rules filtering down to credit unions is not good news.October 22, 2012
First Capital FCU has rolled out a program designed to bolster the bottom line while also promoting self-sufficiency and deeper relationships at the credit union.October 22, 2012
A new study from the Filene Research Institute indicates that SaveUp-a financial education and savings rewards program piloted by several CUs earlier this year-has raised financial awareness and helped participating institutions deepen relationships with members.October 22, 2012
"Cash mobs" in Ohio continue to be a way for CUs to support local small business and demonstrate the credit union difference.
Real estate loans, which had been a primary driver of credit union lending growth in the first half of 2012, have become something of a drag on CU loan portfolios, even as 2012 is on track to show overall lending growth.October 22, 2012
The U.S. economic picture is gradually improving, but CUs must make their own recovery by finding clever ways to boost loans, as the nation's financial fortunes could still dip again.October 22, 2012
Gesa Credit Union is paying $1 million to help rebuild a historical carousel and in return will receive the naming rights for the merry-go-round for the next 12 years.SocialMost Popular