Credit unions getting on board with mobile banking
Technology is weaving through most financial processes, and institutions are adapting their services to meet the growing popularity of mobile banking.
US schools falling short in financial literacy, credit unions can help
It's no secret that the U.S. does not score high in regard to financial literacy.
Many Americans lack emergency savings
Another bell has tolled for the financial preparedness of U.S. residents, as a recent study has found that many Americans don't have any money saved for emergencies.
FFIEC warns banks to address Heartbleed Bug
As another testament to the need for prevention, response and notification measures related to information security and cyberattacks, the Federal Financial Institutions Examination Council released an alert to financial institutions to respond to vulnerabilities caused by the Heartbleed Bug.
Ponzi scheme nets $12.8 million in investor funds
One Indiana man has been charged by the U.S. Securities and Exchange Commission for fraudulently collecting investor funds via fake credit unions.
Obama's budget proposals and what they mean for IRAs
Some provisions in President Barack Obama's fiscal year 2015 budget proposal are not popular among financial institutions or consumers, especially the proposed changes to individual retirement accounts.
Most companies aren't fond of their compliance procedures
New research has shown that most companies aren't happy about their compliance procedures.
Millennials a prime target for CUs
With baby boomers entering retirement, credit unions may be losing that demographic's membership because boomers might be ready to handle their own money.
McGraw-Hill FCU becomes part of trend by purchasing smaller credit union
McGraw-Hill Federal Credit Union has acquired Education Affiliates FCU, a credit union that serves educators in New York City, according to the North Jersey Record.
7th credit union liquidated in 2014
The Louden Depot Community Credit Union has become the seventh credit union to be liquidated this year.
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