credit unions

Credit union, a type of financial institution similar to a commercial bank, is a member-owned financial cooperative, controlled by its members and operated on a not-for-profit basis.

Source: en.wikipedia.org

NEW REPORT: Credit Unions Help Marijuana Businesses Cut Through Financial Haze
NEW REPORT: Credit Unions Help Marijuana Businesses Cut Through Financial Haze
October 17, 2018  |  Credit Unions

When it comes to making financial decisions, businesses and consumers alike need to be well-informed — and in recent weeks, several credit unions (CUs) have...

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PSCU CEO: The Quiet Power Of Credit Unions’ 100M-Member Network
PSCU CEO: The Quiet Power Of Credit Unions’ 100M-Member Network
October 11, 2018  |  Credit Unions

Credit unions can be easy to overlook and underestimate — individually, they generally don’t have a massive amount of assets, their membership bases are often...

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Federal Agencies Weigh In On Sharing Bank Secrecy Act Resources
Federal Agencies Weigh In On Sharing Bank Secrecy Act Resources
October 04, 2018  |  Bank Regulation

Five federal agencies spoke on Wednesday (Oct. 3) on how community banks and credit unions can share resources to boost anti-money laundering (AML) efforts, and make Bank...

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Credit Unions, Community Banks Can Pool Resources To Fight Money Laundering
Credit Unions, Community Banks Can Pool Resources To Fight Money Laundering
October 04, 2018  |  Security & Fraud

Federal regulators ruled Wednesday (October 3) that credit unions and community banks can pool resources for anti-money laundering compliance so that they can protect against financial crimes and...

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FDIC Says Banks’ SMB Lending May Be Significantly Underestimated
FDIC Says Banks’ SMB Lending May Be Significantly Underestimated
October 03, 2018  |  B2B Payments

A new Federal Deposit Insurance Corporation (FDIC) report suggests banks’ contribution to small business (SMB) lending is significantly underestimated. The FDIC spoke with 1,200 banks...

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Why Credit Unions Should Talk The Fraud Prevention Talk
Why Credit Unions Should Talk The Fraud Prevention Talk
September 25, 2018  |  Credit Unions

When it comes to how consumers think about where their funds are the safest, large banks can benefit from somewhat of a perception gap. The...

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British Airways Data Hack A Test Case For GDPR
British Airways Data Hack A Test Case For GDPR
September 10, 2018  |  Regulation

GDPR compliance has yet to be fully embraced by firms on a global scale, yet headlines from this past week show just what the repercussions...

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Today In Data: Firing Up Faster Payments While Fighting Faster Fraud
Today In Data: Firing Up Faster Payments While Fighting Faster Fraud
September 07, 2018  |  Today In Data

Faster payments pack a lot of potential – technologically speaking and in terms of usefulness. And they are clearly providing for a need wanted for filling, attested...

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CO-OP On The Fraud-Fighting Balancing Act
CO-OP On The Fraud-Fighting Balancing Act
September 06, 2018  |  Security & Fraud

Credit unions (CUs) face a delicate balancing act when it comes fighting fraud — a specific needle they need to thread, CO-OP Financial Services’ SVP of...

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