As expected, credit union savings balances grew at a brisk pace in March, according to CUNA’s Monthly Credit Union Estimates. “Overall balances increased by 2.6% in the month--an astounding 31.2% annualized gain and the fastest monthly increase in five years,” said CUNA Senior Economist Mike Schenk. The March increase was a bit faster than February’s gain but the more recent month ended on a Friday so it reflects big payday deposits.
CUNA Technology Council and CUNA Operations, Sales & Service Council are now accepting nominations and entries for their 2017 awards, which will be presented at their co-located conferences, Oct. 1-4 in Phoenix.
Wacom, a manufacturer of pen tablets, interactive pen displays, and digital interface solutions, was honored with the CUNA Technology Council’s Best of Show Award at the 2017 CUNA Governmental Affairs Conference.
Credit union advocates from throughout New York were in Albany this week to take part in the New York Credit Union Association’s 2017 State Governmental Affairs Conference (GAC). The two-day event provided attendees with opportunities to connect with state lawmakers and advocate for pro-credit union legislation.
CUNA has released the official dates for this year’s CUNA Marketing Compliance eSchool. The program—which provides participants with a complete overview of marketing and advertising regulations, the penalties attached to them and strategies for compliance--will be held live July 11-25.
CUNA Member Experience, Sales & Service School will be Aug. 14-16 in Las Vegas. This new school teaches credit union professionals to rethink their sales-and-service practices around a positive, beneficial member experience.
The April 2017 edition of the CUNA Economic Update, CUNA’s monthly video series exploring economic trends and their impact on the credit union movement, focuses on international uncertainty and a weak jobs report.
NCUA has released its new call report form and accompanying instructions, which become effective Sept. 30. For credit unions engaged in commercial lending, most notable are the updates reflecting the January 2017 changes to the member business lending rule.