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Ihrig named new chief compliance officer at CUNA, Thompson retires after 35 years

CUNA News Now - Tue, 03/03/2015 - 5:01am
Jonathan "Jared" Ihrig has been promoted to chief compliance officer for CUNA. Effective immediately, Ihrig will manage staff to provide compliance information to leagues and credit unions, as well as provide assistance to CUNA's advocacy department in assessing the impact of federal legislation on credit union operations.2015-03-03T00:00:00-06:002015-03-03T11:01:01Z
Categories: Credit Union News

NEW: CUNA-backed bill to raise MBL cap introduced

CUNA News Now - Tue, 03/03/2015 - 1:00am
WASHINGTON (3/2/15 UPDATED 1:15 p.m. ET)--CUNA welcomes the reintroduction today of a bill that would raise the cap on credit union member business lending (MBL) to 27.5% of assets.2015-03-02T00:00:00-06:002015-03-03T07:00:20Z
Categories: Credit Union News

Bill Gross: Hunker Down for Global Currency War

CU Times - Mon, 03/02/2015 - 4:48pm
The Janus Capital manager says other countries are playing the game the U.S. initiated with its zero-rate move.
Categories: Credit Union News

Credit Union Issues Commemorative Selma Debit Card

CU Times - Mon, 03/02/2015 - 4:33pm
The $1.1B MAX Credit Union in Montgomery, Ala., honors the civil rights march's 50th anniversary.
Categories: Credit Union News

McWatters Pledges Vote Against Two-Tier RBC Rule

CU Times - Mon, 03/02/2015 - 4:21pm
NCUA Board Member J. Mark McWatters calls the NCUA's legal argument supporting the authority weak.
Categories: Credit Union News

MBL Bill Reintroduced

CU Times - Mon, 03/02/2015 - 3:04pm
Another piece of credit union legislation is introduced before CUNA's Governmental Affairs Conference.
Categories: Credit Union News

Loan Growth Reaches 10-Year High: NCUA

CU Times - Mon, 03/02/2015 - 2:17pm
Fourth quarter 2014 data shows improved lending, member growth and net worth.
Categories: Credit Union News

Lynrocten CEO Pleads Guilty

CU Times - Mon, 03/02/2015 - 1:33pm
Linda Sue Newcomb signs a plea agreement and faces seven to 12 years in federal prison.
Categories: Credit Union News

Feds Bust $1M Fraud Ring

CU Times - Mon, 03/02/2015 - 1:11pm
Ten defendants in Washington allegedly steal from BECU, TwinStar CU, Sound CU and four banks.
Categories: Credit Union News

GAC countdown: Treasury's Gerety, CFPB's Martinez invited to join power-packed lineup

CUNA News Now - Mon, 03/02/2015 - 8:57am
With CUNA's Governmental Affairs Conference set to kick off in less than a week, two key federal policymakers have been added to a lineup that already features a number of high-profile regulatory and legislative policymakers.2015-03-02T00:00:00-06:002015-03-02T14:57:35Z
Categories: Credit Union News

GAC countdown: Treasury's Gerety, CFPB's Martinez join power-packed lineup

CUNA News Now - Mon, 03/02/2015 - 4:57am
With CUNA's Governmental Affairs Conference set to kick off in less than a week, two key federal policymakers have been added to a lineup that already features a number of high-profile regulatory and legislative policymakers.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

New bill highlights support in Congress for NCUA budget transparency

CUNA News Now - Mon, 03/02/2015 - 4:57am
Rep. Mick Mulvaney (R-Fla.) wants the U.S. Government Accountability Office to study the National Credit Union Administration's budgeting practices and identify ways the agency can increase the transparency of its process to its regulated credit unions, the U.S. Congress, and the public in general. It is a goal strongly advocated by CUNA and the trade association has worked steadily toward that end since the NCUA ceased its budget-hearing process in 2009.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

CUNA backs Miller bill to ease vets' access to CU biz loans

CUNA News Now - Mon, 03/02/2015 - 4:57am
A bill that would exempt business loans to veterans from credit unions' statutory cap was introduced Friday by Rep. Jeff Miller (R-Fla.) and has CUNA's support.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

Nussle, Cummins share CU difference with Minn biz journal

CUNA News Now - Mon, 03/02/2015 - 4:57am
The Minnesota Business Journal received an education in the credit union difference recently, as Jim Nussle, CUNA president/CEO, and Mark Cummins, president/CEO of the Minnesota Credit Union Network, sat down with the publication to talk data breaches, legislative priorities and credit union growth.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

Pew: Americans' optimism tempered by fin insecurity

CUNA News Now - Mon, 03/02/2015 - 4:57am
U.S. consumers feel better about their day-to-day finances and the economy than they have in years, but Jane and Joe Average are still not getting ahead, according to a survey conducted by The Pew Charitable Trusts.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

Consumer Protection Week aligns with CU model: Nussle

CUNA News Now - Mon, 03/02/2015 - 4:57am
Credit unions welcome the designation of March 1-7 as National Consumer Protection Week as a way to highlight resources available to help consumers manage their money, handle credit and debt, stay safe online and avoid identity theft, said CUNA President/CEO Jim Nussle.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

CUNA recommends CU candidates for CFPB advisory groups

CUNA News Now - Mon, 03/02/2015 - 4:57am
CUNA noted in a letter Friday that credit union representation at the Consumer Financial Protection Bureau through membership on its advisory boards is key to ensuring the unique perspective of credit unions is not only heard, but also taken into consideration as a part of any and all rulemakings affecting credit unions.2015-03-02T00:00:00-06:002015-03-02T10:57:14Z
Categories: Credit Union News

Veterans' MBL Exemption Bill Reintroduced

CU Times - Sun, 03/01/2015 - 9:39pm
Florida Congressman Jeff Miller reintroduces a bill that would exempt loans to veterans from the MBL cap.
Categories: Credit Union News

Credit Union Wine Auction Raises $1M for CMN

CU Times - Sun, 03/01/2015 - 9:26pm
Credit Unions for Kids benefits Children's Miracle Network Hospitals in California and Nevada.
Categories: Credit Union News

GAO Study Bill Targets NCUA Budget

CU Times - Sun, 03/01/2015 - 4:19pm
A NAFCU-backed bill introduced by Rep. Mike Mulvaney (R-S.C.) would require a GAO study of the NCUA's operating budget and funds.
Categories: Credit Union News

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