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Recent Posts
CREDIT UNION MEMBERS SPENT 15% MORE IN 2011 HOLIDAY SEASON
Year-End Purchase Activity Among Credit Union Members Shows Robust Growth, According to Study by CO-OP Financial Services and Saylent Technologies RANCHO CUCAMONGA, Calif., and FRANKLIN, Mass. (January 17, 2012) – Shoppers who belong to credit unions spent 15% more and … Read More »
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Latest News
CREDIT UNION MEMBERS SPENT 15% MORE IN 2011 HOLIDAY SEASON
Year-End Purchase Activity Among Credit Union Members Shows Robust Growth, According to Study by CO-OP Financial Services and Saylent Technologies RANCHO CUCAMONGA, Calif., and FRANKLIN, Mass. (January 17, 2012) – Shoppers who belong to credit unions spent 15% more and … Read More »
Transactions Show CU Members Also Spending Freely
By David Morrison December 14, 2011 An analysis of transaction data conducted by CO-OP Financial Services and Saylent Technologies indicates that credit union members are participating in the overall increased consumer spending that has made retailers optimistic about this year’s … Read More »
CO-OP, Saylent Find Black Friday Sales Soared 8.1 Percent Among Credit Union Members
Activity of Credit Union Members Surpasses Nationwide Averages, According to Study by CO-OP Financial Services and Saylent Technologies RANCHO CUCAMONGA, Calif., and FRANKLIN, Mass. (December 13, 2011) – Shoppers who belong to credit unions spent 8.1% more and made … Read More »
CU Cards: BofA Makes a Hasty Exit
Cross Serving Opportunities Not Enough to Interest Bank Giant By David Morrison From the December 14, 2011 issue of Credit Union Times Magazine Bank of America made official last week what many anticipated when a spokesperson acknowledged that it will … Read More »
Credit Unions Weigh In On NCUA’s Encouraging Statistics
by Gina Ragusa December 12, 2011 Earlier this month the National Credit Union Administration (NCUA) reported positive growth and development information that points directly to the health and vitality of the country’s credit unions. Overall nearly every key indicator of … Read More »
Customer satisfaction dips for banks, soars for credit unions
By Jeff Harrington, Times Staff Writer In Print: Tuesday, December 13, 2011 It’s safe to say credit unions have more than their share of happy members. In a year in which big banks got hammered over new fees, customer satisfaction … Read More »
CU Members Today and Tomorrow
Aging membership requires CUs to seek out younger, more diverse groups By Bill Merrick August 08, 2011 As credit unions look to attract new members and peak borrowers in the future, they should increasingly think “young” and “Hispanic.” So says … Read More »
Interchange: A Coda
CUs played a determinative role in the Fed’s final rule By Bill Cheney August 08, 2011 In music, a “coda” is “a passage at the end of a composition that brings it to a formal close.” For those of us … Read More »
New Rules Present New Risks for CU Directors
Directors’ best protection against legal action is a solid understanding of their fiduciary duties August 05, 2011 New fiduciary and financial literacy rules for directors of federally chartered credit unions, coupled with economic challenges and more litigation, have greatly increased … Read More »
US Mint Closes Long-Standing Credit Card Loophole
By Geoff Williams Published August 02, 2011 CardRatings.com I’m outraged. I’m peeved at the sneaky consumers who have made life a little more difficult for the intrepid coin collector, a title I once held as a kid when I had … Read More »
