ARTICLES
CU Hero
‘True success is by design, and measured by the good it does for others.’
September 1, 2012
Tarrant County Credit Union CEO Lily Newfarmer is a Credit Union Hero.
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Only 45% of banks offer free checking options vs. 72% of CUs.
August 15, 2012
Interest-bearing checking accounts at banks often come with staggering minimum balance requirements.
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It’s a delicate balancing act as CUs try to generate income without annoying members.
July 1, 2012
Credit unions benefited from the bankers’ misstep on fees, garnering hundreds of thousands of new members.
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Consumers aren’t borrowing, but they’ll refinance if offered a good deal.
April 1, 2012
CUs need to shed old mindsets and embrace sales as a way to serve members.
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Tiered interest checking has declined 4.7% since July 2009.
June 6, 2011
Checking account types with greater fee potential are on the rise, since the end of the recession, while “standalone” accounts have declined.
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April 7, 2011
Raising checking account fees would cause 51% of consumers to shop around.
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CUs are far more likely than banks to offer free checking.
December 31, 2010
And when CUs do charge a monthly maintenance fee, it's about half of what banks charge, according to CUNA's Credit Union Fees Survey Report.
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