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Credit Union News

EMV Could Reduce Noninterest Income: Report

CU Times - Wed, 03/18/2015 - 10:09am
Large retailers say they will configure EMV terminals to only accept PIN validated transactions.
Categories: Credit Union News

Lawsuit Accuses Alabama One of Fraud, Coercion

CU Times - Wed, 03/18/2015 - 6:35am
Credit union member alleges credit union pressured him to recant his complaint to authorities in straw loan scandal.
Categories: Credit Union News

Congress's action needed to help end rule burden: CUNA to testify

CUNA News Now - Wed, 03/18/2015 - 5:01am
Congress must tell regulators to stop piling regulations on top of the already crushing burden credit unions shoulder, and to stop treating the financial cooperatives as if they created the financial crisis or contributed to it.2015-03-18T00:00:00-05:002015-03-18T10:01:48Z
Categories: Credit Union News

CU Effect: Wright Patt CU's Savings Race leaves everyone a winner

CUNA News Now - Wed, 03/18/2015 - 5:01am
Seven years ago, the lack of a dynamic branding campaign meant Wright Patt CU of Beavercreek, Ohio, didn't have much of a local presence.2015-03-18T00:00:00-05:002015-03-18T10:01:48Z
Categories: Credit Union News

Regulators building tool for FI self-assessment of cyber risk, management

CUNA News Now - Wed, 03/18/2015 - 5:01am
Creating a cybersecurity self-assessment tool for financial intuitions is one of a number of cybersecurity priorities released by the Federal Financial Institutions Examination Council Tuesday.2015-03-18T00:00:00-05:002015-03-18T10:01:48Z
Categories: Credit Union News

Leagues reflect on GAC experiences: Part 1

CUNA News Now - Wed, 03/18/2015 - 5:01am
Credit unions nationwide continue to report productive results from meetings on Capitol Hill in conjunction with last week's CUNA Governmental Affairs Conference.2015-03-18T00:00:00-05:002015-03-18T10:01:48Z
Categories: Credit Union News

NCUA cites improvements in Corporate Resolution, Guaranteed Notes programs

CUNA News Now - Wed, 03/18/2015 - 5:01am
The upper and lower ends of the projected Temporary Corporate Credit Union Stabilization Fund assessment range remain negative, from a negative $2.5 billion to a negative $700 million, the National Credit Union Administration announced Tuesday.2015-03-18T00:00:00-05:002015-03-18T10:01:48Z
Categories: Credit Union News

CFPB seeks comment: How is card market working for consumers?

CUNA News Now - Wed, 03/18/2015 - 5:01am
The Consumer Financial Protection Bureau announced Tuesday that it is seeking public comment on the function of the credit card market, as well as the impact of consumer protections.2015-03-18T00:00:00-05:002015-03-18T10:01:48Z
Categories: Credit Union News

Financial services a scary picture without CUs: NerdWallet

CUNA News Now - Wed, 03/18/2015 - 5:01am
A recent NerdWallet article illustrated what it would mean to consumers and the economy if credit unions disappeared from the financial services landscape. It isn't a pretty picture, the article notes, given the overall benefit they provide their members and communities.2015-03-18T00:00:00-05:002015-03-18T10:01:48Z
Categories: Credit Union News

And the winner is: CUNA's Blockbuster Awards announced

CUNA News Now - Wed, 03/18/2015 - 5:01am
This year's winners of CUNA's Blockbuster Awards have a common thread of the benefits of credit union membership.2015-03-18T00:00:00-05:002015-03-18T10:01:48Z
Categories: Credit Union News

NEW: NCUA warns of scammers using similar website logo, design

CUNA News Now - Wed, 03/18/2015 - 1:01am
ALEXANDRIA, Va. (3/17/15 UPDATED 9:45 a.m. ET)--Scammers using a website with a logo and design similar to that of the National Credit Union Administration are attempting to convince consumers to provide sensitive information or send money.2015-03-17T00:00:00-05:002015-03-18T06:01:15Z
Categories: Credit Union News

Credit Union Leaders Honored: People

CU Times - Tue, 03/17/2015 - 10:53pm
Read the latest new hire, promotion and career milestone news in the credit union industry.
Categories: Credit Union News

CFPB Seeks Input on Credit Card Market

CU Times - Tue, 03/17/2015 - 5:58pm
Comments from the public will assist the CFPB with a report to Congress.
Categories: Credit Union News

NCUA Proposing New Fixed Asset Rule

CU Times - Tue, 03/17/2015 - 4:10pm
New proposal contains changes based on feedback received by the NCUA.
Categories: Credit Union News

Bitcoin Usage Expected to Spike

CU Times - Tue, 03/17/2015 - 2:17pm
A new report from Juniper Research cautions growth will be limited to niche markets.
Categories: Credit Union News

NCUA Sounds Alarm on Fraudulent Website

CU Times - Tue, 03/17/2015 - 10:02am
A website resembling the NCUA's is attempting to trick consumers into providing personal information.
Categories: Credit Union News

CUNA watching reg relief, data security hearings in Congress this week

CUNA News Now - Tue, 03/17/2015 - 4:59am
With regulatory relief, data security and patent litigation being addressed in congressional committee hearings this week, Chief Advocacy Officer Ryan Donovan details CUNA's involvement and input in the latest edition of CUNA's "The Weekly Legislative Update."2015-03-17T00:00:00-05:002015-03-17T09:59:29Z
Categories: Credit Union News

Additional reg relief suggested by CUNA for CFPB TILA-RESPA proposal

CUNA News Now - Tue, 03/17/2015 - 4:59am
CUNA has informed the Consumer Financial Protection Bureau, in a comment letter filed Monday, that, while CUNA generally appreciates clarifications to the agency's rules, any rule changes inevitably impose a burden on financial institutions as they work to understand the impact of such changes.2015-03-17T00:00:00-05:002015-03-17T09:59:29Z
Categories: Credit Union News

CUNA support letters filed on privacy notice, CFPB exam, open meetings

CUNA News Now - Tue, 03/17/2015 - 4:59am
A trio of bills that would ease the regulatory burdens on credit unions and other community financial institutions have received support from CUNA.2015-03-17T00:00:00-05:002015-03-17T09:59:29Z
Categories: Credit Union News

Co-op collaboration quantified in cooperative alliances report

CUNA News Now - Tue, 03/17/2015 - 4:59am
A new report by CUNA, the National Credit Union Foundation, the National Cooperative Business Association and the Filene Research Institute spells out the mutual economic benefits credit unions and all types of cooperatives can gain by creating partnerships with each other.2015-03-17T00:00:00-05:002015-03-17T09:59:29Z
Categories: Credit Union News

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