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Credit Union National Association News Now Headlines
Updated: 10 min 17 sec ago

LCUL's Cochran: 'Old' CU benefits attract young, new members

Tue, 03/31/2015 - 4:39am
A new generation of Louisiana residents, inspired by "old school" services and pricing and the cooperative business model, are starting to discover the credit union difference, Louisiana Credit Union League President/CEO Anne Cochran wrote in a opinion editorial that appeared in the Lafourche Parish Daily Comet .2015-03-31T00:00:00-05:002015-03-31T09:39:40Z
Categories: Credit Union News

CFPB Student Scorecard should focus on consumer benefits, CUNA says

Tue, 03/31/2015 - 4:39am
CUNA supports the Consumer Financial Protection Bureau's plan to create a Safe Student Account Scorecard as a tool for colleges and universities to ensure that financial product offerings marketed to their students are "superior to those generally available," the trade association said in a March 30 comment letter to the bureau.2015-03-31T00:00:00-05:002015-03-31T09:39:40Z
Categories: Credit Union News

Senate budget amendment would establish reg relief fund

Mon, 03/30/2015 - 4:34am
An amendment to the U.S. Senate budget resolution passed last week would establish a deficit-neutral reserve fund to address disproportionate regulatory burdens on credit unions and community banks.2015-03-30T00:00:00-05:002015-03-30T09:34:22Z
Categories: Credit Union News

Data breach expenses barely negligible in retailers' financials

Mon, 03/30/2015 - 4:34am
A review of top merchants' financial statements found that the cost of data security breaches--while devastating to credit unions and consumers--barely makes a dent in their annual revenues.2015-03-30T00:00:00-05:002015-03-30T09:34:22Z
Categories: Credit Union News

Cyber info-sharing bill passes committee

Mon, 03/30/2015 - 4:34am
A bill intended to increase the sharing of information on cyberthreats was passed by the U.S. House Permanent Select Committee on Intelligence last week.2015-03-30T00:00:00-05:002015-03-30T09:34:22Z
Categories: Credit Union News

Ga CU parity bill awaits signature from governor

Mon, 03/30/2015 - 4:34am
The Georgia Senate passed a bill supported by the Georgia Credit Union Affiliates earlier this month that would introduce parity between state-chartered and federally chartered credit unions. The bill now only awaits the signature of Gov. Nathan Deal.2015-03-30T00:00:00-05:002015-03-30T09:34:22Z
Categories: Credit Union News

Nussle visits America's CU Museum

Mon, 03/30/2015 - 4:34am
CUNA President/CEO Nussle returned to the roots of the credit union movement recently, visiting America's Credit Union Museum in Manchester, N.H., where the first credit union in the United States was housed.2015-03-30T00:00:00-05:002015-03-30T09:34:22Z
Categories: Credit Union News

CUs aim to get members out of payday loan cycle, CFO says

Fri, 03/27/2015 - 4:26am
The credit union mission stood out during a Consumer Financial Protection Bureau hearing in Richmond, Va., Thursday, as panelists addressed various aspects of payday lending.2015-03-27T00:00:00-05:002015-03-27T09:26:37Z
Categories: Credit Union News

CFPB proposes to end payday lending 'debt trap'

Fri, 03/27/2015 - 4:26am
The Consumer Financial Protection Bureau released a plan Thursday aimed at eliminating payday lending "debt traps," and CUNA is evaluating it to determine if it accomplishes its goal without hindering credit unions' efforts to provide credit to their members.2015-03-27T00:00:00-05:002015-03-27T09:26:37Z
Categories: Credit Union News

Calif district court overturns anti-surcharging law

Fri, 03/27/2015 - 4:26am
The U.S. District Court for the Eastern District of California ruled Thursday that the state's anti-surcharging law is unconstitutional.2015-03-27T00:00:00-05:002015-03-27T09:26:37Z
Categories: Credit Union News

Reg relief package steps toward removing barriers: CUNA

Fri, 03/27/2015 - 4:26am
Nine regulatory relief bills supported by CUNA were approved by the House Financial Services Committee Thursday after a two-day markup of a series of bills.2015-03-27T00:00:00-05:002015-03-27T09:26:37Z
Categories: Credit Union News

62% worry about fin stability: CUNA Mutual study

Fri, 03/27/2015 - 4:26am
A large majority of the middle class worries about its financial stability on a daily basis, according to new research from CUNA Mutual Group.2015-03-27T00:00:00-05:002015-03-27T09:26:37Z
Categories: Credit Union News

Fed: Mobile banking, shopping popularity gains in 2014

Fri, 03/27/2015 - 4:26am
The rate at which consumers take advantage of mobile banking continues to climb, as 39% of adults with mobile phones and bank accounts reported using mobile banking in 2014, a 6% annual increase, according to a recent survey from the Federal Reserve.2015-03-27T00:00:00-05:002015-03-27T09:26:37Z
Categories: Credit Union News

Transportation Network Co legislation pending in 35 states

Fri, 03/27/2015 - 4:26am
Legislation regulating Transportation Network Company vehicles--covering services like Uber and Lyft and including insurance requirements--continues to be a hot topic in the states and among some credit unions.2015-03-27T00:00:00-05:002015-03-27T09:26:37Z
Categories: Credit Union News

Jobless claims duck under 300K for 3rd straight week

Fri, 03/27/2015 - 4:26am
Initial claims for unemployment fell by 9,000 to 282,000 for the week ending March 21, according to numbers released by the Department of Labor Thursday.2015-03-27T00:00:00-05:002015-03-27T09:26:37Z
Categories: Credit Union News

NEW: CFPB issues proposal to end payday lending 'debt traps'

Fri, 03/27/2015 - 12:26am
WASHINGTON (3/26/15 UPDATED 10:10 a.m. ET)--The Consumer Financial Protection Bureau released a plan overnight aimed at eliminating payday lending "debt traps" and CUNA is evaluating it to determine if it accomplishes its goal without hindering credit unions' efforts to provide credit to their members. The new consumer protections would apply to payday loans, vehicle title loans, deposit advance products and certain high-cost installment and open-end loans.2015-03-26T00:00:00-05:002015-03-27T05:26:12Z
Categories: Credit Union News

NEW: 9 CUNA-back relief bills approved by House Financial Services Committee

Thu, 03/26/2015 - 11:25am
WASHINGTON (3/26/15, UPDATED 11:11 a.m. ET)--Nine bills providing some regulatory relief for credit unions and supported by CUNA were approved by the House Financial Services Committee this morning after a two-day markup.2015-03-26T00:00:00-05:002015-03-26T16:24:59Z
Categories: Credit Union News

CUNA backs CU RBC2 comment efforts with new resource

Thu, 03/26/2015 - 4:24am
With 33 days left until the comment deadline for the risk-based capital proposal--often referred to as RBC2, CUNA is providing new resources in its effort to encourage credit unions to weigh in. Again.2015-03-26T00:00:00-05:002015-03-26T09:24:21Z
Categories: Credit Union News

CUNA-supported amendment added to data breach bill

Thu, 03/26/2015 - 4:24am
A data security bill passed the House Energy subcommittee on commerce, manufacturing and trade Wednesday, and it included a CUNA-supported technical correction amendment.2015-03-26T00:00:00-05:002015-03-26T09:24:21Z
Categories: Credit Union News

Text scam going to consumers from NCUA phone number

Thu, 03/26/2015 - 4:24am
More than 40 consumers around the country have received a scam phone text message purporting to use a National Credit Union Administration phone number, the agency announced Wednesday.2015-03-26T00:00:00-05:002015-03-26T09:24:21Z
Categories: Credit Union News

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