The National Credit Union Administration (NCUA) held its budget briefing today and Credit Union National Association (CUNA) Chief Economist Mike Schenk testified on behalf of America’s credit unions. Schenk applauded the NCUA decision to merge the...
CUNA will conduct a webinar Oct. 30 to discuss letter received by certain credit unions from law firms calling for negotiation of a patent licensing deal for remote deposit capture (RDC). Registration is open for the webinar, which is scheduled for...
In the aftermath of Hurricane Michael, misconceptions and misinformation are being disseminated. One of those credit unions are experiencing is that members are being told that according to FEMA, they get a three-month deferment on loan payments due...
The launch of CUNA’s “Open Your Eyes to a Credit Union” early next year is fast approaching. This program gives the unique opportunity to amplify the voices of credit unions across the country by speaking with a united voice. CUNA needs the...
The NCUA board will vote on finalizing changes to its risk-based capital at its Oct. 18 meeting, according to the agenda released by the agency Thursday. CUNA supports the proposal, but has expressed numerous concerns about the agency’s RBC approach...
The LSCU has been working with the Southeast Disaster Coordinating Council (SDCC), which is made up of representatives from NCUA, ACUA, CO-OP Financial Services, Corporate One, Corporate America, CUNA, CUNA Mutual Group, CU Service Centers of...
Several LSCU staff members, including Juli Lewis, director of the Southeastern Credit Union Foundation, have made trips to the areas hit the hardest to take supplies, assist in getting the credit unions repaired, and able to assist members as...
On Oct. 18 at 10 a.m. CT, Vining Sparks will hold a 4th Quarter Economic Outlook Webinar to summarize the economic environment, as well as provide an updated growth and interest rate projections.The U.S. economy continues to grow at a solid rate...
CUNA hosted a webinar on October 10th with Bureau of Consumer Financial Protection staff on changes to Home Mortgage Disclosure Act (HMDA) reporting requirements. A recording of the webinar is available for free to CUNA members, and will be...
The federal depository institutions regulators and FinCEN recently issued a joint statement to address instances in which certain banks and credit unions may decide to enter into collaborative arrangements to share resources to manage their Bank...