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Credit Union News

Regulatory Agenda May Complicate Operational Priorities

CU Times - Thu, 02/12/2015 - 11:00pm
Fundamental issues of capital and risk will need to be part of credit unions’ strategic planning this year as regulators contemplate action on risk-based capital and potential rules on interest-rate risk.
Categories: Credit Union News

New Competition Drives Online Lending Growth

CU Times - Thu, 02/12/2015 - 11:00pm
Ask Mike Powers about his wish list for Garden Savings Federal Credit Union in Parsippany, N.J., and more loans automatically tops the list.
Categories: Credit Union News

Debit On-Off Switch Adoption Soars

CU Times - Thu, 02/12/2015 - 11:00pm
Mobile banking growth and increased use of the capability to turn debits on or off were two results that stood out in the Feb. 2 Monkey Insights “little-data” report from Malauzai Software.
Categories: Credit Union News

SMA Solutions Sets Growth Goals

CU Times - Thu, 02/12/2015 - 3:06pm
Texas-based IT automation firm builds on 2014 milestones with aggressive growth plans this year.
Categories: Credit Union News

Maryland Housing Program Unable to Woo CUs

CU Times - Thu, 02/12/2015 - 2:52pm
State housing official says department has been unsuccessful in getting credit unions to join its down payment assistance program.
Categories: Credit Union News

Custodian Cleans Out Members' Accounts

CU Times - Thu, 02/12/2015 - 1:01pm
Person charged with stealing $37K from USF FCU by using members’ personal information to create fake IDs.
Categories: Credit Union News

Credit Union Teller Plotted Robbery

CU Times - Thu, 02/12/2015 - 12:51pm
Former employee at Educators Credit Union in Milwaukee stole $6,000, receives three-year prison sentence.
Categories: Credit Union News

White House cybersecurity announcement highlights need for action, says Nussle

CUNA News Now - Thu, 02/12/2015 - 5:04am
CUNA President/CEO Jim Nussle said the White House's announcement Wednesday on the creation of a new federal agency to analyze threats to the nation's cybersecurity and coordinate strategy to combat them highlights the need for strong action to enhance protections of Americans' personal financial data.2015-02-12T00:00:00-06:002015-02-12T11:05:01Z
Categories: Credit Union News

Sen Shelby states support of CUs

CUNA News Now - Thu, 02/12/2015 - 5:04am
Sen. Richard Shelby (R-Ala.), who heads the Senate Banking Committee, issued a statement late Thursday about the importance of credit unions.2015-02-12T00:00:00-06:002015-02-12T11:05:01Z
Categories: Credit Union News

Regional SBAs ready, willing for more CU lending

CUNA News Now - Thu, 02/12/2015 - 5:04am
Regional U.S. Small Business Administration offices appear ready to work with credit unions as part of the recently announced initiative to help credit unions make more SBA loans.2015-02-12T00:00:00-06:002015-02-12T11:05:01Z
Categories: Credit Union News

Wis league testimony conveys reg burden, CU difference

CUNA News Now - Thu, 02/12/2015 - 5:04am
The Wisconsin Credit Union League emphasized the unique structure and benefits of credit unions during an informational hearing by the State Assembly Committee on Financial Institutions Wednesday.2015-02-12T00:00:00-06:002015-02-12T11:05:01Z
Categories: Credit Union News

Provident CU shares benefits of consolidated accounts with Bankrate

CUNA News Now - Thu, 02/12/2015 - 5:04am
When it comes to managing finances, nothing may be more beneficial to a consumer than combining all accounts within one financial institution. For credit union members, nothing may be more lucrative.2015-02-12T00:00:00-06:002015-02-12T11:05:01Z
Categories: Credit Union News

KCUA notches record attendance for Day at the Capitol

CUNA News Now - Thu, 02/12/2015 - 5:04am
A record number of Kansas credit union representatives swarmed Topeka Tuesday for the Kansas Credit Union Association's annual Day at the Capitol event.2015-02-12T00:00:00-06:002015-02-12T11:05:01Z
Categories: Credit Union News

New Hires, Promotions and Honors: People

CU Times - Wed, 02/11/2015 - 11:26pm
Read about the latest credit union career moves, honors and milestones in this week's People news.
Categories: Credit Union News

Fed Could Talk Rate Hike at March Meeting

CU Times - Wed, 02/11/2015 - 10:37pm
The March meeting of the FOMC will be critical to its communications with the public on interest rates.
Categories: Credit Union News

Millennials Seek Workplace Value Sync

CU Times - Wed, 02/11/2015 - 10:29pm
Millennials say they don't value the priorities of their current workplace, according to new Aon Hewitt research.
Categories: Credit Union News

Shelby Waffles on Credit Union Tax Exemption

CU Times - Wed, 02/11/2015 - 10:06am
Senate Banking Committee chairman will not go on record regarding his position on protecting the CU tax exemption.
Categories: Credit Union News

Predatory Lender Met Compliance Standards: ICUL

CU Times - Wed, 02/11/2015 - 7:47am
Illinois League CEO Sean Hession break's the group's silence regarding a credit card affiliate fined by the CFPB.
Categories: Credit Union News

Fazio describes NCUA reg relief approach to Senate panel

CUNA News Now - Wed, 02/11/2015 - 4:46am
The National Credit Union Administration will consider raising the Regulatory Flexibility Act definition of small credit union to an asset threshold of $100 million or less at its next board meeting, the agency testified before the U.S. Senate Banking Committee Tuesday.2015-02-11T00:00:00-06:002015-02-11T10:46:38Z
Categories: Credit Union News

Senate reintroduces CUNA-backed bill easing rules for privacy notices

CUNA News Now - Wed, 02/11/2015 - 4:46am
A bill that would reduce credit union regulatory burden and enhance consumer protections by modernizing privacy notifications was introduced in the Senate Tuesday.2015-02-11T00:00:00-06:002015-02-11T10:46:38Z
Categories: Credit Union News

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