More than a dozen bipartisan members of Congress wrote to Federal Communications Commission (FCC) Chairman Ajit Pai Monday asking for CUNA-requested clarifications of the Telephone Consumer Protection Act (TCPA). CUNA filed a petition with the FCC...
With news of the massive Equifax data breach still reverberating through the minds of consumers and financial institutions, we’ve learned that Uber attempted a cover up on a smaller scale cyber attack. Concerns about the length of time...
According to the Life Insurance and Market Research Association’s (LIMRA) Life Insurance Barometer Study, one of the top barriers to purchasing life insurance is that it’s not available to purchase online. In CUNA Mutual Group’s effort to make...
Twenty-three federally insured, low-income credit unions in 17 states have been awarded $536,000 in grants to support outreach to underserved members, NCUA said. Recipients in Alabama include: Alabama Teachers CU, $7,500; NRS Community Development...
This week, the House is expected to vote on H.R. 477, the Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2017; H.R. 3971, the Community Institution Mortgage Relief Act of 2017 and H.R. 38, the Concealed Carry...
The financial health of credit unions depends on the financial health of their members. And the financial health of credit union members depends in large part on how the overall economy and individual local economies are faring. Through the middle...
A credit union’s board and senior management are responsible for overseeing the business continuity planning process, which includes: Establishing policy by determining how the credit union will manage and control identified risks; Allocating...
The CFPB is seeking approval from the Office of Management and Budget for, and comments on, its plans to conduct online testing of ATM/debit card overdraft disclosures with 8,000 individuals. The testing will explore consumer comprehension and...
Several members of the U.S. House introduced a resolution last week to repeal the Consumer Financial Protection Bureau (CFPB) rule on small dollar loans through use of the Congressional Review Act (CRA). The final rule, issued in October but not...
CUNA launched a new website at CUNA.org. Designed based on extensive credit union feedback, the new site provides a better overall experience and a fresh look. You will use your same username/login, but look for new features like: improved search...