Credit unions looking to reduce expenses and attract new members need solutions that help gain efficiency and provide convenience. Cornerstone provides the solutions you need to grow and save money.
In President Joe Biden’s State of the Union address on February 7, he called on Congress to crack down on “junk fees.” He defined the term in his address as “those hidden surcharges too many companies use to make you pay more.” Among those attributed to this murky category were charges related to overdraft services.
What if credit unions came together under one umbrella to consolidate their item processing to achieve benefits that would not be available to them individually?
The FedNow® Service has launched. Now what? It’s essential to educate yourself and continue building your credit union’s strategic plan regarding its role in faster payments. Here are six key steps to consider.