CU financial advisors found to generate more revenue than bank advisors

Kehrer Bielan Research & Consulting found that the average financial advisor working in a credit union produced $444,873 in investment services revenue in 2014, compared to $440,073 for the average advisor in a large bank broker-dealer. The 2014-2015 Kehrer Bielan Credit Union Investment Services Benchmarking Study drew on data from 917 credit unions with investment […]

More credit unions sign on to Apple pay

Wednesday morning Apple announced that 18 more credit unions and banks have signed on to offer Apple pay. Among the new credit unions is Envision Credit Union, based in Tallahassee. There are nine total new credit unions offering Apple Pay. Another round of providers is expected to be announced later this month when Apple introduces […]

Florida delinquency rate among most improved

On Tuesday, Callahan and Associates released its first look trends on statistics from the second quarter. It ranked the top 10 states with the greatest improvement in delinquencies year over year. Florida ranked fourth behind Delaware, Alaska, and North Carolina. Florida’s delinquencies stand at 0.99 percent for an .11 percent improvement from a year earlier. […]

MBL comment letters due to NCUA today

The NCUA’s 60-day comment period for its proposed changes to the member business lending (MBL) rule is closing today. Credit unions are urged to send in a comment. A League source says that the NCUA has received enough negative comments from bankers that the agency has taken notice. The proposed rule looks to overhaul NCUA’s […]

Small-business owners’ confidence in economy wanes

Small-business owners’ confidence in the overall economy is fading despite strength in their own operations, a sign the recovery’s gains may be slowing. For August, the portion of small businesses reporting that the U.S. economy was improving fell to its lowest level since the government shutdown of 2013, according to a monthly survey of small […]