NCUF Releases Toolkit on Helping Members with Medical Debt

The free toolkit from the National Credit Union Foundation is available at ncuf.org.

World Council Kicks off Millennial Campaign

Campaign highlights the alignment between credit unions and millennials, who in three years will be the largest consumer group.

Gaining Gen Y’s Membership and Trust in a Digital World

Credit unions can meet Gen Y where they are — on social media — and engage them in real conversation about big financial matters.

CFPB Issues Guidance on Reporting Financial Abuse of Older Adults

Credit unions may be the best advocates and watchdogs elder members have to protect them against fraud. Our compliance report details the signs of potential fraud staff should look for, and share CFPB guidance giving credit unions some latitude reporting potential abuse. This is a must-read for staff serving elder members.

Legal Briefs

Your weekly update on the regulatory landscape includes the NCUA report for July and the CFPB’s Financial Literacy Report, delivered to Congress this week.

Best Practices Roundtable in Eugene July 10; Financial Education without Reinventing the Wheel

OSU Federal’s Anissa Arthenayake taught financial education to nearly 14,000 people last year. How did she do it? Credit union educators will have the chance to find out at the Best Practices Roundtable in Eugene July 10. Resources and outreach models will be shared.

Financial Beginnings’ Game of Life Fundraiser April 25

The Northwest Credit Union Association is sponsoring a fundraising event for Financial Beginnings. The Game of Life event in Portland April 25 will help to fund training for hundreds of volunteers making financial education presentations in Oregon.

Compliance Question of the Week

What are potential financial concerns that may be red flags of financial exploitation of a vulnerable adult?