Proactive action against potential threats is an important part of nurturing member trust. Combining multi-layered security measures with member education on data safety is the key to an effective fraud prevention strategy.
By partnering with fintechs, credit unions can overcome a competitive challenge and turn it into an opportunity to strengthen their position within a changing marketplace through several key areas of service and business operations.
Register for this exclusive, complimentary webinar and gain insights from ICUL and Envisant leaders on the potential impact of the latest credit card legislation and the credit card mega-merger on your institution
As cardholders deal with increasing levels of debt, many are looking for more cost-effective options. This presents an opportunity for credit unions to expand their reach by offering and promoting a cost-effective, member-first credit program.
Measuring the interest rate risk profile of a financial institution requires a comprehensive understanding of its deposit base, particularly non-maturity deposits. These deposits, which do not have a fixed maturity date, pose unique challenges in assessing how they will behave in response to changes in market interest rates.
Envisant, the business subsidiary of the Illinois Credit Union League, was honored to receive the 2024 Credit Union Service Organization (CUSO) of the Year award from the National Association of Credit Union Service Organizations (NACUSO).
Credit unions seeking to bridge the gap can make use of a well-rounded debit program to help their underserved members build stronger financial health and make the most of account services available to them.
In the world of finance, just like in life, things change — including your bank or credit union's needs. As you grow and the rules of the game shift thanks to new regulations and market conditions, what you need from your asset liability model provider might change too.
