Foundation hosts ICU Day & principles Twitter chat in mid-October

In advance of International Credit Union (ICU) Day, the National Credit Union Foundation (the Foundation) is hosting a Twitter chat for credit unions on Oct. 13 at 3 p.m. (CT). The Foundation invites credit unions to discuss ICU Day and their everyday efforts involving the nine credit union operating principles. During the Twitter chat, credit unions and their […]

Cyber Security Awareness month in October encourages caution

October is National Cyber Security Awareness Month, drawing attention to the need for online safety in all arenas, including your members’ accounts. With high-tech criminal activity and identity fraud on the rise, it’s important to be defensive in financial matters today. According to a report by Aite Group, consumers are not as cautious as they should […]

Millennial survey data reveals drivers in choosing financial institutions

FICO’s latest consumer finance trend survey has revealed that 20 percent of U.S. millennials aged 18-24 report using credit unions as their primary financial institution. This drops to only 10 percent in polls for ages 25-34. For the second year in a row, the FICO survey showed the number one reason that consumers leave their primary financial institution […]

Vote to get CU issues in presidential debates through CUNA middle class campaign

The first presidential debate has aired amidst a media flurry, and the timing is right for CUNA’s launch of the next phase of its innovative Strong Credit Unions, Strong Middle Class campaign. Now, the Open Debate Coalition launched a new website that allows citizens to submit questions to the presidential candidates. If the question about credit […]

Non-interest income hits record-high

Non-interest income from overdrafts and debit and credit card interchange reached a record-high $84.3 billion in the second quarter of 2016, according to a new study. Up from $69 billion in 2012, non-interest income has made a significant comeback since the recession. That same study also shows that, overall, bank and CU credit card revenue […]