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Credit Union National Association News Now Headlines
Updated: 15 min 8 sec ago

CUs from all 50 states necessary for Home Depot breach lawsuit

Mon, 04/20/2015 - 4:36am
To best ensure monetary recovery from the September 2014 data breach at Home Depot is available to credit unions in all states, plaintiff lawyers are seeking at least one plaintiff from each state to be involved as a named plaintiff in the current class action lawsuit, Susan Parisi, chief counsel of CUNA, has noted.2015-04-20T00:00:00-05:002015-04-20T09:36:40Z
Categories: Credit Union News

Mortgage loans a 'bit easier' to get, CUNA's Hampel to WaPo

Mon, 04/20/2015 - 4:36am
Financial institutions have stricter standards in underwriting mortgage loans than a decade ago, but mortgages are still attainable for many consumers, CUNA Chief Economist and Chief Policy Officer Bill Hampel told the Washington Post in a recent article.2015-04-20T00:00:00-05:002015-04-20T09:36:40Z
Categories: Credit Union News

Matz to Hensarling: NCUA does not participate in Choke Point

Mon, 04/20/2015 - 4:36am
The National Credit Union Administration does not, and will not, participate in programs such as U.S. Department of Justice's Operation Choke Point, agency Chair Debbie Matz told a prominent legislator last week.2015-04-20T00:00:00-05:002015-04-20T09:36:40Z
Categories: Credit Union News

FHFA says g-fees are at appropriate levels, will continue to monitor

Mon, 04/20/2015 - 4:36am
Current guarantee fees charges by Fannie Mae and Freddie Mac are appropriate, according to a recently completed review by the Federal Housing Finance Agency.2015-04-20T00:00:00-05:002015-04-20T09:36:40Z
Categories: Credit Union News

62% of world's adults have access to fin services: World Bank

Mon, 04/20/2015 - 4:36am
The number of adults with access to financial services rose to 62% from 51% between 2011 and 2014, according to the World Bank's recently released Global Financial Inclusion database.2015-04-20T00:00:00-05:002015-04-20T09:36:40Z
Categories: Credit Union News

Commissioner notes state CU strength at Calif league rally

Mon, 04/20/2015 - 4:36am
State-chartered credit unions in California have reported healthy net-worth ratios recently, and the trend has state regulators taking notice.2015-04-20T00:00:00-05:002015-04-20T09:36:40Z
Categories: Credit Union News

NEW: CUNA files RBC2 comment, urges CU system to be heard

Sat, 04/18/2015 - 12:24am
WASHINGTON (4/17/15, UPDATED 11:07 a.m. ET)--CUNA submitted its comment letter this morning on the National Credit union Administration's revised risk-based capital plan. While holding firm to the view that the rule is unnecessary and should be tabled, the letter offers a number of constructive suggestions to improve the rule since the agency appears determined to move forward.2015-04-17T00:00:00-05:002015-04-18T05:24:11Z
Categories: Credit Union News

Deadline looms for CUs to join suit vs Home Depot: CUNA reminds

Fri, 04/17/2015 - 4:18am
CUNA is reminding credit unions of an impending deadline for deciding whether to become a party to a class action suit against Home Depot.2015-04-17T00:00:00-05:002015-04-17T09:18:40Z
Categories: Credit Union News

CU relief priorities highlighted for Senate panel study

Fri, 04/17/2015 - 4:18am
In response to a Senate panel's effort to review the effects of federal regulations, CUNA submitted a letter to leadership of the U.S. Senate Committee on Homeland Security and Governmental Affairs Thursday.2015-04-17T00:00:00-05:002015-04-17T09:18:40Z
Categories: Credit Union News

CUNA details mortgage reg relief options for SBC hearing

Fri, 04/17/2015 - 4:18am
CUNA sent a number recommended statutory changes to the U.S. Senate Banking Committee Thursday, changes that would remove regulatory barriers for consumers obtaining mortgage credit.2015-04-17T00:00:00-05:002015-04-17T09:18:40Z
Categories: Credit Union News

A week of Money Smarts kicks off Saturday

Fri, 04/17/2015 - 4:18am
Credit unions nationwide will start celebrating Money Smart Week, a public awareness campaign designed to help consumers better manage their personal finances, on Saturday.2015-04-17T00:00:00-05:002015-04-17T09:18:40Z
Categories: Credit Union News

TROL Act takes positive step, but improvements needed: CUNA

Fri, 04/17/2015 - 4:18am
A bill to clarify Federal Trade Commission authority to fight abusive patent assertion entities is a positive step forward but is in need of improvement, CUNA believes.2015-04-17T00:00:00-05:002015-04-17T09:18:40Z
Categories: Credit Union News

Senate Banking to vote reg relief measures May 14

Fri, 04/17/2015 - 4:18am
The U.S. Senate Banking Committee will hold a full committee markup on regulatory relief matters May 14, according to the committee's schedule that was released Thursday.2015-04-17T00:00:00-05:002015-04-17T09:18:40Z
Categories: Credit Union News

Millennials cautious, conservative with real estate: CUNA's Schenk

Fri, 04/17/2015 - 4:18am
While the housing market has made some strides in its recovery from the collapse in 2008, one fact remains: millennials continue to be absent from the market.2015-04-17T00:00:00-05:002015-04-17T09:18:40Z
Categories: Credit Union News

Youth Month attracts 100,000th member for Mich CU

Fri, 04/17/2015 - 4:18am
An afternoon visit to open a couple of youth accounts turned into a celebration for two Michigan kids, as they were honored for being Michigan Schools and Government CU's 100,000th (and 100,001st) members.2015-04-17T00:00:00-05:002015-04-17T09:18:40Z
Categories: Credit Union News

CUNA joins class action suit against Home Depot

Thu, 04/16/2015 - 4:56am
CUNA has agreed to join credit unions and other financial institutions nationwide as a plaintiff in a class action lawsuit against The Home Depot following the merchant's massive data breach in September 2014.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

MasterCard, Target agree to $19M settlement for breach costs

Thu, 04/16/2015 - 4:56am
MasterCard announced Wednesday it has reached a settlement with Target to recover costs card issuers suffered due to a massive data breach of the retailer's systems in 2013.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

Senators intro tough, CUNA-backed data security bill

Thu, 04/16/2015 - 4:56am
Sens. Tom Carper (D-Del.) and Roy Blunt (R-Mo.) introduced a bill Wednesday that would set standards for entities that handle consumers' personal financial information, while outlining procedures that must be followed in the event of a data breach.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

Nussle highlights the many benefits of CU tax status in letter to Senate

Thu, 04/16/2015 - 4:56am
Credit unions' tax status is "good public policy" for a number of reasons, which CUNA President/CEO Jim Nussle highlighted in a letter to the U.S. Senate Finance Committee's Business Income Tax Working Group Wednesday.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

CUNA fires up #DontTaxMyCU for Tax Day

Thu, 04/16/2015 - 4:56am
CUNA's award-winning social media campaign, Don't Tax My Credit Union, hit the Internet again Wednesday, as CUNA reminded policymakers about the benefits that all consumers receive because of credit unions' not-for-profit tax status.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

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