CO-OP Financial Services has released a new white paper, “Seven Strategies to Accelerate Your Digital Transformation,” providing practical guidance for credit unions positioning themselves for growth in a digital world. “While most financial...
The Consumer Financial Protection Bureau (CFPB) has appointed Brian Johnson as acting deputy director, the agency announced on Monday. Johnson was the Bureau’s principal policy director. “Brian Johnson is the first person I hired at the Bureau and...
The NCUA has published two final rule changes in the Federal Register. These changes involve Field of Membership (FOM) and voluntary mergers. Regarding the FOM rule, the NCUA board is reviving a previously used method, submission of a narrative, to...
Credit Union National Association today launched a free online community for its members. The Member Activation Program (MAP) Community is an open forum where credit union industry professionals can freely discuss advocacy matters affecting credit...
The House and Senate are both back in session this week after last week’s Fourth of July holiday. The House of Representatives will consider H.R. 2075, the “Crooked River Ranch Fire Protection Act;” H.R. 6237, the “Matthew...
Share insurance is a fundamental part of the nation’s credit union system, and credit union professionals can learn more about how it works on two upcoming webinars hosted by the National Credit Union Administration. The first, “Looking for a CURE...
Under a Safe Harbor in the MLA rule, a credit union may exclude a Bona Fide credit card fee from the MAPR if the fee is considered “reasonable.” This means that the fee must be less than or equal to the average fee for the same or...
Sign up today for the LSCU & Affiliates’ annual fall Hike the Hill grassroots lobbying trip to Washington, D.C., Sept. 12-13. The deadline to receive the reduced rate at the Grand Hyatt hotel is today. With regulatory burden a continuing...
The Bureau of Labor Statistics (BLS) released its monthly Employment Situation Report showing that nonfarm payroll employment rose by 213,000 jobs in June, surpassing what forecasters predicted. The U.S. economy continues its longest, consecutive...
The second annual CUNA Emerging Leader Institute will be held Dec. 3-5 in Austin, TX. New and experienced leaders will gather to network and gain fundamental insights into credit union leadership. “If you have been a manager for a long time, are...