Compliance, Revenue, Customer Service: How Two Credit Unions Made One Choice and Got All Three

New opt-in requirements for overdraft protection on electronic transactions had two credit unions worried about compliance, member services, and lost income.

Strategic Link Question of the Week

We would like to implement an overdraft program that is both a financial safety net for our members and a source of revenue for the credit union. Do any Strategic Link business partners provide this kind of service?

CFPB Will Protect Confidential Credit Union Information

The CFPB has promulgated a new rule outlining how it will protect privileged information it receives in the course of regulating financial institutions.