Embracing digital solutions may mean capturing lost revenue

With data breach issues ever-present in the news, reluctance to move forward with new digital technology might actually cost credit unions and other financial institutions. Due to competition from new fintch company apps and other longtime high-tech players, the cost could amount to 70 percent of a potential $400 billion in revenue over the next […]

New home sales on the upswing in April

Brand new residential real estate is a hot commodity now, as confirmed when the Commerce Department announced Tuesday that new home sales increased 16.6 percent last month to a seasonally adjusted rate of 619,000, up from a revised total of 531,000 in March. In April, new home purchases were up to the highest level since […]

CO-OP Financial Services Welcomes New CEO

Todd Clark will become the new president/CEO of CO-OP Financial Services effective June 27, according to Jeff Napper, chairman of the board of directors of CO-OP. Clark succeeds Stan Hollen, who is retiring after 11 years with the organization. “After a nationwide search, the Board of Directors is delighted to report that Todd will be […]

Florida continues upward trend with 69th consecutive month of job growth

A recent release by the Florida Department of Economic Opportunity shows unemployment rates in the state declined slightly in April, continuing a bright outlook for the Sunshine State. Statewide, the seasonally adjusted jobless figure dropped from 4.9 percent in March to 4.8 percent in April. That’s down from 5.5 percent a year ago. It was […]