Nation’s Largest Ethnic Credit Union Surpasses Asset Milestone NEW YORK, NY (July 2, 2019) – It took the Polish & Slavic Federal Credit Union 28…
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‘Go Time’ Is ‘Good Time’ with Solid Support During New Product Launch
by Terry Young on July 1, 2019Launching a new credit union service to thousands of members can be a nerve-wracking experience. But the “unmatched” support provided by Catalyst Corporate Federal Credit…
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The Challenges and Opportunities of Peer-to-peer Lending
by Lin Grensing-Pophal on June 27, 2019As peer-to-peer lending grows in popularity and consumers increasingly have access to lenders outside of their local communities, what can community banks do to strengthen…
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Within the Financial Services Industry, even high wage-earners are often financially fragile
by Michael Miller on June 25, 2019This is worrying in many respects, but particularly so in the context of disability. When a household’s breadwinner can’t earn a paycheck, it may be…
The Federal Reserve Board’s Survey of Household Economics and Decisionmaking (SHED) from 2017 revealed that about half of U.S. adults with bank accounts had used…
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Three Ways Finance Executives Can Drive Better Decision-making for Their Institutions
by Kermit Randa and Ken Levey on June 20, 2019Institutions insured by the NCUSIF reported rising net income year-over-year, yet it would behoove credit unions to remain cautious. Abundant risks, such as exposure to…
Slashing Costs with Robotic Process Automation
by Kent Zimmer on July 15, 2019What do you think of when you hear the word “robot?” Maybe it’s a gigantic mechanical arm that swoops down from the ceiling to tighten…
Managing Member Payment Relationships with Debit
by Tom Bennett on July 13, 2019Credit union executives juggle numerous priorities every day to provide their members with the best possible experience. While it is important for executives to monitor…
Standing Out Among the Amazons and Apples
by Abhishek Veeraghanta on June 21, 2019Led by the Amazons and Apples of the world, consumers today are inundated with new digital experiences, forcing banks to find ways to stand out…
APGFCU Introduces Checking Account to Protect Identity
by Kelly Holmes on June 20, 2019Identity theft is a growing problem worldwide. It has become a booming business with perpetrators all over the world, targeting consumers and businesses online and…
Is Vendor Management Holding Credit Unions Back?
by Jorge Ponce on June 19, 2019Technology is rapidly changing the way credit unions do business, with new solutions at every turn. However, sometimes finding these new solutions can be difficult.…
Hedging in a Dynamic Market Environment
by Brittany Rollek & Rachel Acers on June 18, 2019Domestic economic expansion is steady, and short-term interest rates have increased 2% in three years’ time. Loan growth runs hot and earning assets are repricing…