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Saturday, October 25, 2014
KANSAS CITY, Mo. and SAN FRANCISCO — With the World Series tied at one game apiece, CEOs at credit unions in the home cities of the Royals and Giants have a friendly wager on the outcome.
HUNSTVILLE, Ala. — In an effort to increase its checking account activity, Redstone Federal Credit Union here developed a comprehensive solution, including a new debit-engaging app.
MOUNTAIN VIEW, Calif. — While cutting-edge banking transactions make life easier for members, the rub for IT departments is trying to marry multiple innovative solutions onto one platform.
PROVIDENCE, R.I. — In the credit/debit card arena, Oct. 15, 2015, is D-Day. That's when card issuers will be held responsible for fraud-related charges for cards issued without an EMV chip.
The financial industry is working to make payments better, more efficient, simpler — and faster. Many Americans are particularly invested in efforts to achieve this last improvement.
While a number of credit unions employ sophisticated models and tools to help pinpoint the most relevant products for each individual member, many others rely more on experience and intuition, augmented by readily available data such as member demographics.
But reading CU Journal West Coast Correspondent Michael Bartlett's coverage of Earvin "Magic" Johnson's session at the California and Nevada CU Leagues' annual meetin, I was pleasantly surprised.
WASHINGTON — If people of different backgrounds and beliefs can come together to serve effectively on the board of a credit union, then members of both parties in Congress should be able to do the same.
The 26-year-old Brit has spent the last year crisscrossing the globe in an effort to build and promote The Cooperative Trust, the young CU professionals' group previously known as the "Crash Network."
WASHINGTON — U.S. Rep. Gwen Moore (D-WI) became involved with credit unions for the most classic of credit union reasons: as a way to help those who were underserved by traditional financial service providers.
MADISON, Wis. — When a credit union's core contract is nearing renewal, the executive responsible for making this all-important decision is faced with one nagging question: Do we have the best solution on the market?
Credit unions make up a substantial number of the financial institutions that have enrolled with Apple Pay, and some unofficial lists suggest the majority of early uptake is coming from credit unions.
Mark McWatters, the newest board member of the National Credit Union Administration, said Thursday he thinks the agency should devote more resources to combatting what he termed "garden variety fraud at smaller credit unions."
MUNCIE, Ind. — Industrial Centre FCU here has rebranded itself as Thrive Credit Union.
ALEXANDRIA, Va. — NCUA is set to receive more than $17,000 in fines from 44 credit unions that have agreed to civil money penalties as a result of filing late second-quarter call reports.
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Vintage Aussie credit union spot
Today's ads may look a little different, but this 1993 credit union TV commercial from Australia still hits many of the same points as today's ads. "People helping people" doesn't go out of style.
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