Credit Unions

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Credit Union Card Success in a Post-Pandemic World

4 minutes Going into 2020, a fairly promising economic outlook was in play, driven by two important indicators: The U.S. GDP growth rate was holding steady and the unemployment rate was trending favorably at a 50-year low.

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Credit Union Results: Struggling With a Purpose

Credit Union Results: Struggling With a Purpose

Credit Unions are a fascinating aspect of financial services. Rather than running as private, for profit financial institutions, credit unions serve on behalf of their members. In the United States, the governing body is the National Credit Union Administration (NCUA), rather than the Federal Reserve Bank, which oversees banking institutions.

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6 Ways the Coronavirus Has Changed Credit Unions

6 Ways the Coronavirus Has Changed Credit Unions

Credit unions have had to scramble to adjust to the fallout from the coronavirus as it became widespread in March. Employees at Jax Federal Credit Union now wear masks on the job to help protect against the coronavirus.

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How Are Credit Unions Managing Costs in a Time of Crisis?

How Are Credit Unions Managing Costs in a Time of Crisis?

Credit union executives and teammates have gone to extraordinary lengths to address the unique safety challenges of the pandemic while providing seamless service quality to their members.

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Why Are People So Obsessed With Credit Unions?

Why Are People So Obsessed With Credit Unions?

And what makes them different than banks?.

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Credit Unions Go on Bank-buying Spree

Credit Unions Go on Bank-buying Spree

WASHINGTON * Credit unions are buying small banks in record numbers, a trend that is prompting pushback from the banking industry. Credit unions have acquired 21 U.S. banks since 2018, according to SP Global Market Intelligence, compared with 12 purchases in the prior five years.

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5 Ways Banks and Credit Unions Misread Consumers Today

Financial marketers can easily tick off the A-list issues theyre wrestling with. But whats out there that many bank and credit union leaders arent discussing? We asked attendees of The Financial Brand Forum what subjects arent getting enough attention.

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New Blockchain Technology From IBM to Help Credit Unions

New Blockchain Technology From IBM to Help Credit Unions

Blockchain is a revolutionary technology which is celebrated by many. It has significantly impacted many industries. The uses, benefits, and next steps of the technology are being discussed in the ongoing Blockchain Week NYC. IBM just signed a new partnership deal with CULedger.

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Credit Unions Join on FI-FinTech Collaborations

Credit Unions Join on FI-FinTech Collaborations

One of the biggest ways FinTech firms have been able to gain a competitive edge on traditional banks, for small business (SMB) customers, is through relationship-building. Banks are shuttering their physical branch locations at the fastest pace in years, according to The Wall Street Journal ( WSJ).

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VIDEO: There Is a Huge Difference Between Credit Union Members and Non in Comfort Using Debit

VIDEO: There Is a Huge Difference Between Credit Union Members and Non in Comfort Using Debit

There is a huge difference between credit union members and non-credit union members in their comfort level with using debit cards. Watch this video to learn more.

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ACSI: Banks Are Now Equal to Credit Unions in Customer Service

ACSI: Banks Are Now Equal to Credit Unions in Customer Service

Looking at the banking sector as a whole, both banks and credit unions now score an 81 out of a possible 100 points in customer satisfaction. A big part of the decline that’s besieged the credit unions is being blamed on an emerging digital gap. “Digital is everything right now,” according to David VanAmburg, Managing […]

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PODCAST: Majority of Credit Unions Are Missing a Huge Opportunity With Debit

PODCAST: Majority of Credit Unions Are Missing a Huge Opportunity With Debit

The following is a transcript of the podcast episode hosted by Ryan McEndarfer, Editor-in-chief at PaymentsJournal.com Dr. Kathy, what are you seeing in regard to overall debit usage among credit union members? And why should credit unions be focused on improving debit card issuance and usage? That’s such a great question.

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