CEO to retire from Connexus CU in Wisconsin
Boyd Gustke will retire from his post as president and CEO of Connexus Credit Union effective Nov 15. He will be replaced on an interim basis by the $4.6 billion-asset…
Boyd Gustke will retire from his post as president and CEO of Connexus Credit Union effective Nov 15. He will be replaced on an interim basis by the $4.6 billion-asset…
Congress remains in their home districts until after the Nov. 5 election, with session resuming Nov. 12. The election is just over a week away and Americas Credit Unions encourages…
The Nasdaq ended higher on Friday, driven by megacap shares, as investors awaited quarterly results from some of Wall Street's biggest companies next week. Tesla(TSLA.O), opens new tabshares rose a…
An election year means less time in Washington, D.C., for members of Congress, but credit unions aren’t ones to let opportunities pass by. With legislators campaigning back home, Leagues and…
The National Credit Union Administration can only do so much to get new credit unions created, but the agency said it is making strides in chartering more de novos. “Three…
Protecting personal and financial information is a top priority for banks and credit unions, especially in digital banking solutions. This is crucial not only for safeguarding individual account holders and…
Artificial intelligence in banking(AI) has rapidly evolved from being an emerging trend to a potential driver of transformation within financial services. Banks and credit unions are testing use cases and…
Remember the days when IT departments took full responsibility for cybersecurity? Back then, we worked at centralized facilities using company-owned computers and hard-wired phones, and IT had strict control over…
Federal regulators want to make it less of a pain to change your bank — but first, it looks like they’ll have to win a battle in court. On Tuesday,…
The NCUA board was briefed on the current state of cybersecurity and field of membership at its October board meeting Thursday. The cybersecuritypresentationoutlined how cyberattacks occur and updates on credit…
Credit unions play a vital role in the financial ecosystem, providing millions of consumers with affordable financial services while fostering a sense of community ownership. However, the growing trend of…
CFOs have shared with us that their leadership teams are increasingly eager to identify which organizational initiatives truly move the needle, especially as they navigate uncertain times together. Recognizing this…
Mortgage rates climbed for the fourth consecutive week, hitting the highest levels since August and adding a fresh chill to the housing market as it enters a seasonal slow period.…
The convenience of electronic payments has become a vital part of our daily lives. However, along with this convenience comes the growing threat of electronic payment fraud, where cybercriminals exploit…
One of the most unforgettable moments from my time as a vice president at a credit union happened during an executive team meeting with one of the CEOs during my…
As Cybersecurity Awareness Month comes to a close, it’s a timely opportunity to focus on the role that ongoing education and the implementation of strategic tools play in helping financial…
Cybersecurity is an NCUA concern, and the agency stressed both issues and steps to take in a recent letter to credit unions in advance of a planned cybersecurity briefing during…
Sales of existing homes fell in September as house hunters remained on the sidelines despite mortgage rates easing during the month. Existing home sales slipped 1% from August to a…
U.S. economic activity was little changed from September through early October and firms saw a slight uptick in hiring, continuing recent trends that have reinforced expectations the Federal Reserve will…
Changing consumer behavior and other factors demolished the once rigid line that divided credit unions from the rest of the financial services industry. And now, these institutions face a stark…
DCUC is growing! In fact, we are pleased to announce the addition of two new member credit unions and are excited to help them serve their military and veteran communities.…
Happy employees lead to happy members, but an annual engagement survey isn’t enough. Things change throughout the year, and employee sentiment is likely to follow suit. You can’t just measure…
Data is more than just numbers—it’s the key to unlocking personalized, relevant account holder experiences. Financial institutions have been increasingly turning todata insightsandfull funnel marketingto surface trends, create custom audiences,…
Oak Ridge, Tennessee-based Y-12 Federal Credit Union will enter the Kentucky market with the acquisition of First State Bank of the Southeast, which is headquartered in Middlesboro. The $2.2 billion-asset…