credit unions

Credit union, a type of financial institution similar to a commercial bank, is a member-owned financial cooperative, controlled by its members and operated on a not-for-profit basis.

Source: en.wikipedia.org

CUs, Bank Trade Groups Clash Over CFPB Regs

CUs, Bank Trade Groups Clash Over CFPB Regs
CUs, Bank Trade Groups Clash Over CFPB Regs
May 08, 2019  |  Legal & Regulation

Credit union (CU) and bank trade groups are locked in another battle, this time arguing about oversight by the Consumer Financial Protection Bureau (CFPB). Get...

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ACH Sees Steady Growth In 2019
ACH Sees Steady Growth In 2019
May 07, 2019  |  Payment Methods

The ACH Network has started off 2019 strong, with the number of payments in Q1 up 5.8 percent from the previous year. In 2018, there...

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The Credit Union Innovation Balancing Act
The Credit Union Innovation Balancing Act
May 07, 2019  |  Credit Unions

The world of consumer banking and payments is an ever-evolving space — and most of those innovations are good things. Get the Full Story Complete...

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How Credit Unions Drive Member Engagement
How Credit Unions Drive Member Engagement
May 01, 2019  |  Today In Data

Credit unions (CUs) are teaming up with other firms to stay competitive in the financial space. In Europe, strong customer identification (SCA) guidelines will shift...

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Three Metrics CUs Can Use To Retain Members
Three Metrics CUs Can Use To Retain Members
May 01, 2019  |  Credit Unions

With 57 percent of credit union members readily willing to leave for another financial institution for better data security, the rapidly growing industry is potentially...

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Three Metrics CUs Can Use To Retain Members
Three Metrics CUs Can Use To Retain Members
April 30, 2019  |  Credit Unions

Credit unions (CUs) are a popular alternative to traditional banks, with 5,613 CUs in operation as of January 2019, and 195,000 new memberships added in...

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Most FIs Don’t Consider FinTech Firms As Competitors, But Maybe They Should
Most FIs Don’t Consider FinTech Firms As Competitors, But Maybe They Should
April 29, 2019  |  Innovation

Along with digital transformation, innovation has been a buzzword for some time. These may seem like abstract concepts, but innovation has had concrete results in...

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Mobile Means Much To CU Customers (Especially Younger Ones)
Mobile Means Much To CU Customers (Especially Younger Ones)
April 25, 2019  |  Today In Data

The old guard gives way to the new. The in-branch banking visits give way to mobile transactions, where people may never meet face-to-face. The fact...

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