adminDid you know that by building loyalty with five percent more members that it would lead to an increased average profit per member between 25 and 100 percent? And those members who are fully engaged bring 37 percent more annual revenue to their...
Credit unions in Alabama and Florida had a good day in their respective legislatures on Thursday. In Alabama, SB 209, the Alabama Credit Union Act update, sponsored by Sen. Bill Holtzclaw (R-Madison), passed by a 25-0 vote in the Senate. The bill...
Krebs on Security is reporting that tax return fraud has not been curbed in 2016 despite safeguards put in place. Consumers who were hit last year were given IRS PINs to help identify that they were the consumer and not a cyber thief. One flaw in...
Credit unions that are participating in any of the Love My Credit Union Rewards (LMCUR) programs should note that all Q1 marketing materials must be distributed prior to March 31, 2016. If you plan to complete a quarterly tactic in Q1, be certain to...
There were no surprises in the Alabama primary that was held on Tuesday. Senate Banking Committee Chairman Richard Shelby easily won his primary over challenger Jonathan McConnell. Sen. Shelby won 65 percent of the vote to 25 percent for McConnell...
CUNA recently commissioned an analysis of the financial impact of regulation on credit unions. In an interview with S&P Global Market Intelligence, Alabama Credit Union’s Steve Swofford spoke about the credit union’s...