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MasterCard Introduces Chip Card Plan

MasterCard has become the second major card brand to announce the intent to move payments from cards which supply consumer data on magnetic stripes to cards which encode such information on embedded computer chips.Card brand joins rival Visa in planning EMV technology adoption for U.S. cards. **** More At; MasterCard Introduces Chip Card Plan:

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NCUA Board briefed on four topics

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How Your Bank/Credit Union Can Fight ‘Soft Switching’ — and Even Steal a Few Accounts of Your Own

Your Members Aren't Leaving in a Huff, They're Just Fading Away. Here's How to Stop It. “Soft switching” is picking up as Americans’ financial activity continues to fragment among multiple players, according to new research from JD Power. This trend has implications both for banks and credit unions that want to retain and grow existing relationships, as well as those that would also like to expand by snapping up accounts from other institutions. Key risk:  Once someone establishes a relationship with another provider, their one-time primary financial institution risks slipping into second place — or even losing the relationship entirely. Need to Know: The average checking account customer now has three deposit accounts at different institutions, the study found. One out of five consumers moved money away from their primary financial institution in the past three months, according to the study, an increase over the 17% rate seen in the previous edition. Departures aren’t sud...
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Sunday Reading - Landmine Rat Honored

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It's Financial Literacy Month

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The Case for Sharing a CEO Between Credit Unions

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The Unique Challenges, Opportunities for CUs in Attracting & Retaining Top Talent

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With Inflation High and Rates Rising, LAFCU Introduces New Adjustable Rate Mortgage

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Loan Growth Part 3

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