Despite the uncertainty of the interchange situation, issuers need to explore different scenarios and prepare now, according to a new Celent report.

For better or worse, the trend toward fewer but larger CUs continues. The gradual but incessant migration toward fewer but larger credit unions continues, apparently unimpeded by economic ups and downs.

The recession has idled scores of U.S. factories. When the gates close, CUs become members' financial safety net.

Meier : Contraction or extension risk can lead to a potential asset-liability mismatch. Edward Meier suggests managing a blend of short- and long-term investments to guard against unexpected market movements. He’s a portfolio manager in the Fixed Income Division of MEMBERS Capital Advisors , the registered investment advisor affiliate of...

Who : Amy Stanton What : Assistant vice president of marketing Where : Connex CU , North Haven, Conn. Why is the CU movement exciting? Credit unions offer a better choice for personal financial services. A lot of us work extremely hard to help consumers understand the difference between credit...

Steve Rodgers Alert CU staff thought something was wrong, and it was. Bank of America didn’t catch it. Citibank didn’t catch it. Neither did Wells Fargo. As employees at those banks were busy processing withdrawals, Joe Gonzales was busy draining 82-year-old Jack Whittaker’s accounts. In little more than a year,...

Credit unions in Kenya are growing three times faster than credit unions in any other country, according to the World Council of Credit Unions (WOCCU). Find out why—and celebrate International Credit Union Day—with a free DVD highlighting credit union success in this African country. WOCCU has made a limited supply...

By Lora Kloth The recession may be waning, but it has invited scammers to throw what some call a “fraud party.” Fraud increases during recessions, and this downturn is no different. According to a recent report from The Network Inc. , a Norcross, Ga., firm that runs compliance and corporate-governance...

No Excuses: Growing a CU in a Shrinking Economy July 1, 2008 By Ann Marie Gunn Newsweek's Keith Naughton wrote in January, "If you want to see what hard times look like, come to Michigan." Thanks to a renewed passion for service coupled with enterprise sales and service initiatives, however,...

Members Go For Gift Cards October 1, 2007 By Cathy Fleming Gift cards might not be big money-makers for credit unions. But members like the convenience the cards provide, and credit union executives find value in adding the cards to their product lineup. Sarah Canepa Bang, CEO of Financial Service...