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

New York Expands Program to Support Access to Financial Services
New York Expands Program to Support Access to Financial Services
February 05, 2025  |  Banking

The New York towns of Neversink and Denning have been approved as a Banking Development District (BDD), a designation that is meant to support access to...

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Credit Unions Embrace ‘Business as Unusual’ Through Collaboration and Innovation
Credit Unions Embrace ‘Business as Unusual’ Through Collaboration and Innovation
February 05, 2025  |  Opinion

Innovation and collaboration lead to new ways to meet credit union needs, Velera Chief Service Officer Dean Young writes in a new PYMNTS eBook, “The Innovation Mindset:...

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Plaid and Algebrik Launch CU-Focused Loan Origination Platform
Plaid and Algebrik Launch CU-Focused Loan Origination Platform
February 03, 2025  |  Partnerships

Plaid has launched a partnership with loan origination platform Algebrik AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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New Data: How Credit Unions Can Own the Back Half of the Decade
New Data: How Credit Unions Can Own the Back Half of the Decade
January 30, 2025  |  Credit Unions

Credit unions (CUs) face a critical question: How can they remain top of mind for current members while attracting new ones, especially when younger consumers...

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Velera Introduces Card on File Solution for Credit Union Cardholders
Velera Introduces Card on File Solution for Credit Union Cardholders
January 29, 2025  |  Credit Unions

Credit union service organization (CUSO) Velera introduced its Card on File solution that enables cardholders to update payment methods across more than 115 merchants. Get...

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Behind the Report: A Sneak Peek Into the Future of Credit Unions
Behind the Report: A Sneak Peek Into the Future of Credit Unions
January 29, 2025  |  Credit Unions

Tomorrow, PYMNTS Intelligence, in collaboration with Velera, will release a groundbreaking report, “Roadmap to 2030: The Seven Strategic Planks for Credit Unions To Capture Top...

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Partnerships Between Credit Unions and FinTechs Create ‘Proactive Future’
Partnerships Between Credit Unions and FinTechs Create ‘Proactive Future’
January 16, 2025  |  Partnerships

In the past, financial institutions and FinTechs competed with one another, jostling for clients’ accounts, loyalty and debit card spending. Get the Full Story Complete...

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Small Banks and Credit Unions Turn to Direct Issuing for Top-of-Wallet
Small Banks and Credit Unions Turn to Direct Issuing for Top-of-Wallet
January 15, 2025  |  Credit Cards

For banks and credit unions looking to modernize, the timing has never been better. Get the Full Story Complete the form to unlock this article...

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Nearly Half of Rural Small Businesses Do Business With the Bank on the Corner
Nearly Half of Rural Small Businesses Do Business With the Bank on the Corner
January 08, 2025  |  SMBs

Small and mid-sized businesses (SMBs) are considering a switch from national banks to local financial institutions (FIs) like community banks and credit unions (CUs). While...

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