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Callahan & Associates released its third quarter 2019 Performance Comparison Report for Maine credit unions. According to the analysis, Maine credit unions had strong gains…
Eight Takeaways from NCUA’s Q3 State-Level Data
CU Journal analyzes NCUA’s recently released Quarterly State Map Review. In the report, Maine CUs perform well with ROA and growth in shares and deposits.
Mortgage Risk Study Seeks Input From Lenders
The Wharton Risk Management and Decision Processes Center at the University of Pennsylvania is undertaking a study to better understand the impact of natural disaster risks…
Can CUs Keep Up with the Changing Social Media Landscape?
Big Tech’s entry into the financial services space and changes in consumer behavior patterns could push credit unions away from some of the world’s largest…
ATM Attacks on the Rise as Fraudsters Head Back to the Branch
With so many data breaches targeting merchants, banks and credit unions should not assume they are in the clear. Visa reported that it has notified…
More Can Be Done to Feed Hungry Children After School
More than 1.3 million children benefited from afterschool suppers according to the Food Research & Action Center. Four states, including Maine, increased the number of…
Three Ways to Stay Ahead of the Retirement Technology Curve
Leveraging new technologies can take your employee retirement program to the next level according to a new article provided by CUNA Mutual Group.
Loyalty Programs Becoming Prime Targets for Payments Fraud
Payments fraud is getting more sophisticated, and criminals are increasingly turning away from high-volume, indiscriminate attacks, according to new research from e-commerce fraud-prevention company Forter.
Credit Union Leaders Can Mitigate Risk with Big Data and Machine Learning
Mitigating risk and serving your members starts with determining how sophisticated machine learning and data analytics tools can be used to identify fraud.
Millennials Opening More Credit Card Accounts, CO-OP Financial Services Says
Millennials are flocking to credit cards, according to a new white paper from CO-OP Financial Services.
Financial Institutions Must Prepare for a Gen Z Workforce Now
Generation Z, roughly defined as people born during or after 1997, represents a very significant workforce change. As this group matures, a flood of technology-savvy…
BOLI: An Alternative Way to Fund Benefits
CUNA Mutual Group’s Fred Palmer explains how business-owned life insurance (BOLI) can help your credit union offer the compensation and benefits it needs to attract…
Evolve to Satisfy Changing Consumer Tastes
CUNA Mutual Group’s Susan Sachatello discusses how credit unions should evolve to engage consumers and meet their ever-changing behaviors by sharing four key themes to…
NCUA Q2 State Credit Union Data Report Now Available
On Wednesday, NCUA issued its Q2 2019 State Credit Union Data Report. The analysis tracks performance indicators for federally insured credit unions in all 50…
ABA Revealed as Owner of Secretive Anti-Credit Union Website
(From Credit Union Times) – A website devoted to highly charged allegations against the credit union industry was operated by the American Bankers Association, although…
Five Big Questions Facing Credit Unions This Fall
(From Credit Union Journal) – With a legal battle, changes to the National Credit Union Administration board and new growth strategies, it’s been a busy…
What Financial Marketers Can Learn About Personalization from Amazon
Financial institutions are working hard to improve personalization just as consumers are getting more touchy about sharing data. Consumers willingly share data with Amazon. Why?…
New Study Finds a Conflict Between What Members Want Vs. What Management Delivers
A new study finds a conflict between what members say they are looking for and where credit union management teams are focused. The study also…
NCUA Releases Q2 2019 CU System Performance Data
Earlier this week, NCUA released data on the financial performance of federally insured credit unions for the quarter ending June 30, 2019.
CUNA Releases August 2019 Economic Update
On Monday, CUNA released the August 2019 edition of its Economic Update, sponsored by the CUNA Finance Council. In this issue, Deputy Chief Advocacy Officer…
Four Mainers Recognized as CU Rock Stars
Credit Union Magazine announced its 2019 Credit Union Rock Stars. This year, 50 credit union professionals and volunteers representing 30 states joined the exclusive ranks of…
League, Synergent, & Numerous CUs Named 2019 Best Places to Work in Maine
The Maine Credit Union League, Synergent, and numerous credit unions were recently named on the 2019 Best Places to Work in Maine list. The awards…
How to Handle Sudden Wealth
While a sudden financial windfall can change your life for the better, it can also create stress and cause you to undermine your own success.…
Free Webinar: The Dark Web & Your Credit Union
The Credit Union Webinar Network is now offering a free webinar focused on the dark web and the impact fraudulent online activity can have on…
Four Tips to Unlock Millennial Lending Opportunities
Due to their sheer size, millennials show the greatest demand potential for loan products, with mortgages, auto loans, and credit cards among the top three…