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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

CUNA, coalition urge broad lawmaker support of Mortgage Choice Act

CUNA News Now - Wed, 02/11/2015 - 4:46am
CUNA is urging federal lawmakers to attach their support--and names--to a bill intended to "restore a full and open competitive market" by clarifying the definition of mortgage fees and points.2015-02-11T00:00:00-06:002015-02-11T10:46:38Z
Categories: Credit Union News

FEMA proposal could spike costs for CUs, other flood-zone lenders: CUNA

CUNA News Now - Wed, 02/11/2015 - 4:46am
CUNA is warning the Federal Emergency Management Agency that proposed changes to its standard form for determining whether a property is located in a flood-hazard zone could double the work and cost for credit unions and others that use the form.2015-02-11T00:00:00-06:002015-02-11T10:46:38Z
Categories: Credit Union News

LSCU reports 2014 accomplishments, outlines 2015 goals

CUNA News Now - Wed, 02/11/2015 - 4:46am
The League of Southeastern Credit Unions released its annual self-assessment, a measure of the league's accomplishments on behalf of its member credit unions in the areas of governmental affairs, education, cooperative initiatives and communications.2015-02-11T00:00:00-06:002015-02-11T10:46:38Z
Categories: Credit Union News

CUs pose IRR, FOM, sup cap, overdraft and other questions to NCUA, CFPB

CUNA News Now - Wed, 02/11/2015 - 4:46am
At a town-hall style webinar with federal regulators Tuesday, credit unions had the opportunity to ask questions on a wide range of topics from a potential interest-rate risk rule to what's going on with recently formed working groups on key issues.2015-02-11T00:00:00-06:002015-02-11T10:46:38Z
Categories: Credit Union News

Model bylaws available for Wash-chartered CUs

CUNA News Now - Wed, 02/11/2015 - 4:46am
State-chartered credit unions in Washington may soon operate under a new set of bylaws thanks to the efforts of a work group recently assembled by the Northwest Credit Union Association.2015-02-11T00:00:00-06:002015-02-11T10:46:38Z
Categories: Credit Union News

'Patent troll' bill on Mt CUs' watch list

CUNA News Now - Wed, 02/11/2015 - 4:46am
The Montana Credit Union Network has its eyes on a number of bills traveling through the legislative process this week, including a "patent troll" bill and two others that directly affect state-chartered credit unions.2015-02-11T00:00:00-06:002015-02-11T10:46:38Z
Categories: Credit Union News

CFPB Not Banning Overdraft Fees: Cordray

CU Times - Tue, 02/10/2015 - 5:14pm
During a town hall webinar with NCUA Chairman Debbie Matz, Cordray cautions the CFPB is still undecided on any new overdraft restrictions.
Categories: Credit Union News

Lobby Tracking Solution Drives More Sales in Less Time

CU Journal - Tue, 02/10/2015 - 3:10pm
LONGVIEW, Texas — East Texas Professional CU saw member sales increase at the same time average visit times decreased after implementing a new lobby tracking system.
Categories: Credit Union News

Facebook Loan Tracker Expands Reach

CU Times - Tue, 02/10/2015 - 12:47pm
Shastic, MeridianLink partnership allows credit unions to track loans from origination to closing on social media site.
Categories: Credit Union News

15 Credit Unions Reveal Merger Plans

CU Times - Tue, 02/10/2015 - 11:39am
From New Hampshire to California, credit unions finalized or announced merger plans in January.
Categories: Credit Union News

NCUA Eyes $100M Small Credit Union Cap: Onsite Coverage

CU Times - Tue, 02/10/2015 - 10:21am
WASHINGTON — NCUA's Fazio tells Senate Banking Committee 77% of credit unions could gain regulatory relief.
Categories: Credit Union News

Credit Unions Under $100M Considered Small: Proposal

CU Times - Tue, 02/10/2015 - 10:21am
The NCUA will consider raising the definition of a small credit union from assets under $50M to assets under $100M.
Categories: Credit Union News

SBA touts CUs as source of small biz capital, works with CUNA

CUNA News Now - Tue, 02/10/2015 - 4:41am
CUNA and the Ohio Credit Union League joined Small Business Administration head Maria Contreras-Sweet in Cincinnati Monday to highlight the mutually beneficial relationship between credit unions and the SBA.2015-02-10T00:00:00-06:002015-02-10T10:41:29Z
Categories: Credit Union News

Switch to a CU in 2015, says Motley Fool

CUNA News Now - Tue, 02/10/2015 - 4:41am
2015 is the year for consumers to make the switch to a credit union, says a recently published article on The Motley Fool personal investment website.2015-02-10T00:00:00-06:002015-02-10T10:41:29Z
Categories: Credit Union News

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