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Credit Unions

Digital Federal CU and First Tech Federal CU plan to merge

Digital Federal Credit Union and First Tech Federal Credit Union have announced plans to merge, the credit unions said in a news release Monday (Sept. 30). If the merger is approved by the National Credit Union Administration and First Tech…

Best Credit Unions to Work For, Ranked 1-35 | Credit Union Journal

Attracting the next generation of young professionals while ensuring a company is giving its current employees everything they need is a top priority for any forward-thinking leader. The leaders at the top of this year’s Best Credit Unions to Work…

Affinity Plus CU launches real-time payment service

Affinity Plus Credit Union has introduced a new real-time payment service for its members, giving them instant access to their funds. Through the FedNow® service and RTP® network, the credit union will enable its members to receive secure instant payments…

Increased NYC earned income tax credit gives New Yorkers $345 million back

Mayor Eric Adams at his weekly press conference on July 23, 2024. NYC Mayoral Photography Unit Sign up for our amNewYork email newsletter to get news, updates and local insights delivered straight to your inbox! Mayor Eric Adams praised the…

What financial institutions can learn from the dominance of digital wallets of major technology companies

Digital wallets are changing payments and commerce. In today’s business landscape where ease of use is paramount and value-added services drive customer loyalty, the financial services industry faces new challenges and opportunities from the major technology companies developing these digital…

Are credit unions superior to big tech companies in the loyalty showdown?

For banks – and especially for credit unions – the battle with the big technology companies for the hearts, minds and money of consumers is likely to be a more than difficult task. After all, the role of big tech…