Nearly 800 members have opened accounts at the six credit unions that helped launch Washington’s “Save to Win” program in April. The program, which offers cash prizes as an incentive for opening and maintaining a savings account, has grown to more than $565,000.
Express Credit Union Partners with City of Seattle to Help Vulnerable Consumers Gain Basic Financial Skills
When the city of Seattle opens six “Financial Empowerment Centers” in 2014 to help vulnerable consumers gain fundamental financial skills, Community Tellers from Express Credit Union and Express Advantage will play a significant role.
Express Credit Union, Express Advantage to Showcase Programs for Low-Income Members; Three NW Credit Unions Win CUNA Operations, Sales & Service Awards; CUNA Webinar to Offer Tips for Engaging Spanish-Speaking Members.
One of the most influential women in payments will headline Amplify Convention in Portland in October. Laura Kelly is the architect of the Amex/Walmart Bluebird card. Need we say more?
Dave Sieminski, managing director of Express Advantage Credit Union, has accepted a position in the CFPB’s Office of Financial Empowerment, a division whose work focuses specifically on leveling the playing field for low- and moderate-income consumers and empowering them to make better financial decisions.
Whether they are developing innovative methods to serve members, promoting new products and services, or simply making it easier to join, Northwest credit unions continue to find creative ways to leverage the increased public awareness and the lessons learned in the year since Bank Transfer Day.
Upcoming trainings in Portland and Seattle will detail the benefits of low-income or community development designation, a status that helped Express Credit Union more than double membership and improve services and technology.
As local farmers retire, North Coast Credit Union, through a program passed along by Express Credit Union, is finding a way to keep local agriculture alive and community members employed by working with a non-profit farm/farmer incubator program.
A grant from the Washington Credit Union Foundation has allowed Express Credit Union to improve outreach to low-income and unbanked consumers through better computer connectivity.
A survey of Washington credit union CEOs revealed 12 interested in offering prize-linked savings programs to members by early 2012. An â€œIdea Exchangeâ€ at the NWCUAâ€™s Convention and Annual Business Meeting will provide more information for industry leaders.
We all know that cell phones have become a major part of our lives. What you may not know is the Telephone Consumer Protection Act restricts the use of automated dialer systems to contact members on their cellular phones.
Recent news of your colleagues and the credit union movement.