The decision is a substantial victory for the CUNA/League system, and the Main Street businesses represented by America’s credit unions.
Also, this week’s legal briefs, and answering what do when an account has two POD beneficiaries, but one beneficiary is deceased.
The bill, introduced Wednesday, would grant credit unions and banks parity on certain types of residential loans.
An upcoming webinar and Your Association’s Cybersecurity Resource Center convene guidance, resources, and best practices all in one spot.
The suit challenges the NCUA’s authority to interpret and issue rulemakings on field of membership broadly granted by Congress in the late-90s.
Effective January, the guidance was sought by the CUNA-League system. The significant news for credit unions represents the latest component of the agency’s online Examiner Guide.
The preliminary injunction blocks the implementation of the Department of Labor’s (DOL) new overtime rules which would have gone into effect on December 1.
Energy production from shale may present opportunities for credit unions through job openings that improve deposits and loan demand, according to an energy expert scheduled to speak this fall at Catalyst’s Economic forum. Catalyst Corporate Credit Union shares details in our Strategic Link Business Partner article this week.
Washington Congressman Derek Kilmer pledged support of the credit union tax exemption during a meeting with Northwest credit union advocates Tuesday.
Northwest credit union professionals taught financial basics to at least 65,000 people last year. Pooling presentation resources, partnering with other community organizations and sharing models for working with school districts will elevate that already strong performance. A Best Practices Roundtable June 25 will set those goals in motion.
Northwest credit unions are trending well according to an analysis of data by the NWCUA. Asset growth, ROA and net worth are increasing while charge-offs and delinquency ratios continue to decline.