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Articles Tagged with 'transfer'

Bank Transfer Day—One Year Later

November 09, 2012
From a marketing and public relations standpoint, Bank Transfer Day was a success. READ MORE

Gearing Up for Remittance Transfers Reg

December 17, 2012
The agency released a guide for small businesses—International Fund Transfers: Small Entity Compliance Guide. READ MORE

Compliance Q&A: Risk-based Pricing Notice

December 26, 2012
Get compliance details on Regulation E remittance transfer rule and Bank Secrecy Act. READ MORE

CFPB Amends Remittance Transfer Rule

January 13, 2013
About a year ago, the Consumer Financial Protection Bureau (CFPB) published amendments to Regulation E. READ MORE
June 13 Cover

Credit Union Magazine

• June digital edition

June 2013

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We utilized this product for a few months right now, but it doesn't seem to have much value in comparison to our other online tools. Good concept, works well. It just seems that our membership is not interested.

You make a good point, Wally. I should have caught that one. I'll take that out tidbit.

According to the article, "Bankrate.com examined 56 high-yield checking accounts...and found the average annual percentage yield (APY) to be 1.64%—nearly 33% higher than the average interest-bearing checking account (0.05%)." By a show of hands, who thinks a 1.64% APY is only roughly 33% higher than a 0.05% APY? Hmmm...

Steve, As always, the E-Scan provides key strategic insights for credit unions to consider. When it comes to reaching Generation Y (trend number 10), one of the best things credit unions can do is to target mom and dad. Research indicates that most young people start their first "bank" experience where their parents recommend. So to reach Gen. Y, go after mom and dad. Mark

Ed, this is correct: 100% is a 1-to-1 relationship, not 1%, which is a 1 to 100 relationship.

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