CUs

Proposed California Law Could Cap CU Overdraft Fees
Proposed California Law Could Cap CU Overdraft Fees
April 10, 2024  |  Credit Unions

California state lawmakers are considering legislation that would limit the number of overdraft fees credit unions (CUs) can charge their members. Under SB-1075, the 100+ CUs...

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Banking Customers Opt for Smaller Lenders As Giants Get Too Big
Banking Customers Opt for Smaller Lenders As Giants Get Too Big
March 05, 2024  |  Digital-First Banking

As the country’s banking giants expand, some consumers are looking for smaller alternatives. It’s a trend at the center of a Tuesday (March 5) Wall...

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Credit Union Groups PSCU and Co-op Solutions Close Merger Deal
Credit Union Groups PSCU and Co-op Solutions Close Merger Deal
January 02, 2024  |  Credit Unions

Credit union service organizations PSCU and Co-op Solutions say they’ve closed their agreement to combine.  Beginning Tuesday (Jan. 2), the two groups will integrate under a holding company...

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Two-Thirds of CUs Take Risky Approach to Digital Innovation
Two-Thirds of CUs Take Risky Approach to Digital Innovation
June 29, 2023  |  Credit Unions

Many credit unions (CUs) have resolved to follow rather than lead in digital innovation. Nearly two-thirds adopt a cautious wait-and-see approach even as more members...

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Credit Unions Are Falling Behind the Innovation Curve
Credit Unions Are Falling Behind the Innovation Curve
January 12, 2023  |  Credit Unions

Credit unions are hitting an innovation wall, and partnering may be the best way to clear it. At a time when consumers, and credit union...

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Credit Unions That Fail to Innovate Risk Losing Members
Credit Unions That Fail to Innovate Risk Losing Members
January 12, 2023  |  Credit Unions

Sixty-four percent of all credit union (CU) members want their primary financial institutions (FIs) to offer more payment capabilities. Many — a record-setting share within...

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Report: Credit Unions Look Past FICO Scores To Unlock Member Credit
Report: Credit Unions Look Past FICO Scores To Unlock Member Credit
September 25, 2020  |  Credit Unions

Credit product innovation was on many credit unions’ (CUs’) agendas in the months before the pandemic struck. Some 47% of CU executives were expecting credit...

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How Credit Unions Are Putting Digital To Work For Their Members
How Credit Unions Are Putting Digital To Work For Their Members
August 24, 2020  |  Credit Unions

“Digital first” isn’t a buzzword in financial services any more — it’s reality. Digital accelerated to the forefront amid the COVID-19 pandemic, but it’s become clear...

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Deep Dive: Credit Unions Respond To The Threat Of Digital-First Challenger Banks
Deep Dive: Credit Unions Respond To The Threat Of Digital-First Challenger Banks
July 31, 2020  |  Credit Unions

Credit unions (CUs) have competed with banks that offer similar products for years, but their strength has long remained in the value of member relationships...

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