Northwest credit unions continue robust auto lending in a “hot” market. Data from CUDirect and Callahan & Associates finds Washington credit unions grew the category by 56 percent since late 2011, while Oregon credit unions increased by 34 percent.
CUNA Mutual recently sent a Risk Alert to its bond holders that discussed the potential increased risk that credit unions offering Remote Deposit Capture may face with the Regulation CC Proposed Amendment.
Strategic risk management is the key to safely and successfully offering mobile remote deposit capture, the latest “must-have” offering for financial institutions that enables consumers to use a smartphone’s built-in camera to deposit physical checks.
With the early-entry deadline for the 2013 Spectrum Marketing Awards just 10 days away, O Bee’s Lee Wojnar, whose credit union won “Best of Show” honors in 2011, discussed some of the keys to successful marketing efforts for credit unions: “You have to make it relevant for the user.”
We are starting to offer Remote Deposit Capture to our members. Is there some sort of Reg CC deposit availability disclosure we need to provide?
Strategic Link business partner CSCU explains how offering mobile banking can allow credit unions to reach more members more effectively while positioning themselves as leaders in a growing industry.