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Credit Union National Association News Now Headlines
Updated: 48 min 49 sec ago

'Endless action' in Congress as CUNA sends more than 50 letters on CU issues: Donovan

Thu, 04/02/2015 - 4:43am
"Endless action" is how CUNA Chief Advocacy Officer Ryan Donovan described the first three months of the 114th Congress, which has seen hearings in both chambers on regulatory relief, patent reform and data security, and more than 54 letters sent by CUNA to lawmakers on those and other topics.2015-04-02T00:00:00-05:002015-04-02T09:43:12Z
Categories: Credit Union News

NCUA announces 1st-round CDRLF grants

Thu, 04/02/2015 - 4:43am
One hundred fifty-three low-income credit unions will receive a total of $520,440 through the first Community Development Revolving Loan Fund grant round in 2015, the National Credit union Administration announced Wednesday.2015-04-02T00:00:00-05:002015-04-02T09:43:12Z
Categories: Credit Union News

CFPB payday lending elimination plan tops March News Now Top 10

Thu, 04/02/2015 - 4:43am
An article about the Consumer Financial Protection Bureau's plan to eliminate payday lending "debt traps" was the most-read News Now article in March.2015-04-02T00:00:00-05:002015-04-02T09:43:12Z
Categories: Credit Union News

'Secret is out' about Ohio CUs: Dayton Daily News

Thu, 04/02/2015 - 4:43am
The secret is out in Ohio: Credit unions offer consumers a great deal on financial services, according to a March 27 Dayton Daily News article.2015-04-02T00:00:00-05:002015-04-02T09:43:12Z
Categories: Credit Union News

Ore CUs stress economic power during Capitol visits

Thu, 04/02/2015 - 4:43am
Credit union advocates from throughout Oregon swarmed the offices of all 90 state legislators this week for the Northwest Credit Union Association's annual Credit Union Day at the Capitol.2015-04-02T00:00:00-05:002015-04-02T09:43:12Z
Categories: Credit Union News

World Council applauds coming AML 'de-risking' MSBs guidance

Thu, 04/02/2015 - 4:43am
The World Council of Credit Unions applauded the Financial Action Task Force's efforts to address financial institution customer "de-risking" during a forum held in Brussels last week.2015-04-02T00:00:00-05:002015-04-02T09:43:12Z
Categories: Credit Union News

CU Effect: CU credit counseling helps members 'pull themselves out' of debt

Wed, 04/01/2015 - 4:41am
A recent Washington Post article outlined a disturbing trend in financial services: Firms that charge exorbitant fees to repair a struggling consumer's credit history when free and low-cost alternatives are available.​2015-04-01T00:00:00-05:002015-04-01T09:40:56Z
Categories: Credit Union News

Improving economy will boost CU earnings: CUNA forecast

Wed, 04/01/2015 - 4:41am
Improved economic and credit conditions, leading to higher interest rates in 2015 and 2016, will bolster credit union earnings, asset quality and capital, according to CUNA's recently updated 2015-16 economic forecast.2015-04-01T00:00:00-05:002015-04-01T09:40:56Z
Categories: Credit Union News

US Supreme Court to decide on 2nd liens in bankruptcy

Wed, 04/01/2015 - 4:41am
The U.S. Supreme Court heard arguments last week in a case involving the stripping of a second lien when a borrower declares bankruptcy. CUNA has been monitoring this and other similar cases over the past few years because credit unions often make second mortgage loans.2015-04-01T00:00:00-05:002015-04-01T09:40:56Z
Categories: Credit Union News

MainStreet's 7 reasons millennials are choosing CUs

Wed, 04/01/2015 - 4:41am
Between 2013 and 2014, nearly 2 million millennials became credit union members, according to numbers from CUNA, further signaling that young people are ditching banks for their local, cooperatively owned financial institutions.2015-04-01T00:00:00-05:002015-04-01T09:40:56Z
Categories: Credit Union News

New CFPB toolkit helps consumers shop for mortgage, house

Wed, 04/01/2015 - 4:41am
A new mortgage-shopping toolkit--that includes disclosure forms that will be required starting Aug. 1--has been released by the Consumer Financial Protection Bureau. Creditors must provide the toolkit to mortgage applicants as a part of the application process.2015-04-01T00:00:00-05:002015-04-01T09:40:56Z
Categories: Credit Union News

CUs raise record $107M for CU4Kids, CMN Hospitals

Wed, 04/01/2015 - 4:41am
More than 3,000 credit unions raised a record $10.75 million for local Children's Miracle Network Hospitals in 2014.2015-04-01T00:00:00-05:002015-04-01T09:40:56Z
Categories: Credit Union News

Fla's North Dade CDFCU closed by NCUA

Wed, 04/01/2015 - 4:41am
The National Credit Union Administration Tuesday liquidated North Dade Community Development FCU, Miami Gardens, Fla., after determining the credit union had violated "various provisions of its charter, bylaws and federal regulations."2015-04-01T00:00:00-05:002015-04-01T09:40:56Z
Categories: Credit Union News

CFPB should increase relief in 'rural' definition rule: CUNA

Tue, 03/31/2015 - 4:39am
The Consumer Financial Protection Bureau's proposal regarding rural and underserved areas is a positive step, but CUNA urged the agency to take further regulatory relief steps in a comment letter filed Monday.2015-03-31T00:00:00-05:002015-03-31T09:39:40Z
Categories: Credit Union News

FFIEC: Ways to ID, mitigate cyberattacks that use malware

Tue, 03/31/2015 - 4:39am
Information on how financial institutions can identify and mitigate compromised user credentials and malware was released Monday by the U.S. Treasury's Federal Financial Institutions Examination Council.2015-03-31T00:00:00-05:002015-03-31T09:39:40Z
Categories: Credit Union News

Financial Fitness Day kicks off fin lit month

Tue, 03/31/2015 - 4:39am
Wednesday is Financial Fitness Day--and also the start of National Financial Literacy Month and National Credit Union Youth Month.2015-03-31T00:00:00-05:002015-03-31T09:39:40Z
Categories: Credit Union News

Albuquerque biz journal highlights NM's CU culture

Tue, 03/31/2015 - 4:39am
Readers of Albuquerque Business First may nearly be experts on all things credit union, as the business publication recently dedicated wide swaths of print space to illustrate the relative state of credit unions in New Mexico.2015-03-31T00:00:00-05:002015-03-31T09:39:40Z
Categories: Credit Union News

CUNA's Hampel reminds Operation Comment can help with RBC2 letters

Tue, 03/31/2015 - 4:39am
Bill Hampel, CUNA's chief policy officer, reminded credit unions on Monday that credit unions should let their thoughts and suggestions on the National Credit Union Administration's revised risk-based capital proposal be known.2015-03-31T00:00:00-05:002015-03-31T09:39:40Z
Categories: Credit Union News

Lawmakers question CFPB on Aug TILA-RESPA date

Tue, 03/31/2015 - 4:39am
Why have new mortgage disclosure forms go into effect during what is traditionally the busiest month for home mortgage closings? That's the question two key lawmakers asked the Consumer Financial Protection Bureau Monday regarding the bureau's Truth in Lending Act-Real Estate Settlement Procedures Act integrated disclosures rule, which is scheduled to be implemented Aug. 1.2015-03-31T00:00:00-05:002015-03-31T09:39:40Z
Categories: Credit Union News

Strongest savers in middle class: Bankrate

Tue, 03/31/2015 - 4:39am
The most ardent savers can be found in the U.S. middle class, according to a recent survey by the personal finance website Bankrate.com .2015-03-31T00:00:00-05:002015-03-31T09:39:40Z
Categories: Credit Union News

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