The unique auto loan program offered by Credit Union Loan Source (CULS) and Envisant has made incredible progress. Within only four years, more than $1billion loans have been funded with total earnings above $130 million for participating Illinois credit unions.
Credit unions need to embrace both the challenges and opportunities of digital technology to ensure their debit card program continues to thrive in this dynamic environment.
The Illinois Credit Union System (ICUS) has donated $14,000 to local area food pantries across the country as part of its Commit to Change Committee’s holiday giving campaign. The generous contributions help provide much-needed food assistance to families and individuals struggling with food insecurity during the winter months.
Libby Calderone, president and CEO at Envisant, and Ahon Sarkar, general manager and senior vice president of Helix by Q2, stopped by the show to share how Envisant has partnered with Q2 to migrate prepaid card portfolios for over 2000 credit unions nationwide.
Every year, every day brings change, especially in the world of payments. To keep our members happy, credit unions need to stay ahead of the curve, be proactive, and ready to adapt. This begins with knowing what’s on the horizon. In 2025, expect more streamlined payment processes, tailored experiences, and cutting-edge tech to keep member information safe.
Get the inside scoop on service-providers who can empower your credit union to reach its potential.
Digital technology has been reshaping the financial sector at an amazing speed. To remain competitive, credit unions face the challenge of embracing digital transformation while retaining the personal touch of their member-first business model.
Did you know that credit unions covered by the National Credit Union Association (NCUA) with deposit insurance are required to comply with affirmative action requirements under Executive Order 11246, the Vietnam Era Veterans’ Readjustment Assistance Act, and the Rehabilitation Act?
