With overdraft fees in the crosshairs, certified Bank On accounts are gaining recognition. Esteban Camargo explains what these accounts are and how credit unions can implement them at their institutions.
Credit Union of Texas, in an effort to increase financial education amongst students, has created an encompassing financial literacy program consisting of student-run SMART branches and student financial coaches. Emily Claus explains.
As we continue our series on financial literacy basics for credit unions, Esteban Camargo gives some commonly used ratios and benchmarks some attention, explaining what they are, how they are, how they’re calculated, and what they’re used for.
Esteban Camargo continues his series on financial literacy with an introduction to financial statements. You don’t need to be a CPA to understand them–anybody can benefit from being able to comprehend their organization’s financial status via their balance sheet and income statement!
Calling all credit unions: April is Financial Literacy Month! Is your credit union ready for it? Emily Claus covers the history and purpose of the month, ways your credit union can get involved, and why you shouldn’t miss out on this year’s festivities.
With class-action overdraft lawsuits on the rise, Patrick Sickels explains how credit unions can get into trouble with fees and ambiguous phrasing and what steps you can take to protect your credit union.