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Tips on evaluating a banking provider

June 26, 2012
By Michael Fina Vice President / Institutional Banking, First Trade Union Bank

Over the past few months I’ve been involved in answering several Requests for Proposals (RFPs) from union organizations looking to evaluate competing banking service providers.  Interestingly, the proposals we’ve seen of late vary greatly in content and complexity, which started me thinking that it might be a worthwhile exercise to write something about the RFP process, and in doing so, shed some light on what you should look for in choosing a bank.

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Mobile Banking - The Future Is Here

March 23, 2012

By Michael Fina Vice President Union Affinity Manager, First Trade Union Bank
A decade ago, the way consumers conducted their personal banking was changed forever when online banking began to achieve critical mass. Today, the next major shift in consumer banking is now underway.

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Is your Union Organization Doing All It Can to Protect Itself from Fraud?

April 23, 2012
By Michael Fina Vice President Union Affinity Manager, First Trade Union Bank

In September 2011, an authorized accountholder for a union organization logged into the union’s business account through online banking to find $100,000 missing.  Malware was discovered on the user’s computer, allowing a hacker to obtain the login credentials to access the union's operating account. The perpetrator then illegally transferred the funds to a foreign account at a separate financial institution.

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Build Union, Buy Union, Bank Union with First Trade Union Bank

February 27, 2012
By Marc Bussanich, LaborPress City Reporter

First Trade Union Bank (www.ftub.com) likes to pride itself on big bank sophistication wrapped in small bank customer service. It offers all the products one expects to find at the national brands, but delivers them with a commitment to service more often found in a community bank.

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