Browsing: union

Key insight: Despite what was in many ways a tumultuous year, credit unions added members, loans and deposits according to the NCUA’s most recent quarterly statistics. Expert…

Key insight: Passive, real-time call fraud scoring reduced fraud exposure and improved member experience for MSUFCU.Expert quote: Fraud strategist Frank McKenna said humans can’t reliably detect…

Key insight: The complaint alleges Fiserv secured its internal corporate data with biometric controls but forced clients to use weaker, email-based passcodes.What’s at stake: Self-Help is…

Key insight: A university credit union’s acquisition accelerates its embedded family banking product strategy.Expert quote: Reseda CTO Ben Maxim says Tandem can serve cohabiting students, siblings…

Key insight: Agentic AI tools can enables growth for credit unions without replacing existing systems.   Supporting Data: 46% of credit unions expect AI to affect CX, but…

Key Insight: TruMark Financial Credit Union is using technology to reshape loan balance-sheet strategies.Expert Quote: Happy Money’s Matt Tomko: “Our participations program helps credit unions strengthen…

Forward look: Atlantic Union joins a lengthening list of banks seeking to expand into North Carolina, announcing plans to build 10 branches in Raleigh and Wilmington.Key…

Key Insight: A credit union is launching its own white-label stablecoin later this year to retain member deposits.Supporting Data: 22% of surveyed St. Cloud Financial Credit…

  Average interest rate Monthly payment Total interest paid Credit unions 5.75% $577 $4,590 Banks 7.49% $601 $6,060 Source link

It seems more and more banks and lenders are banking on mortgage rates moving lower in the near future.The latest being a Michigan-based credit union, which…