The global credit union community is now 57,000 credit unions strong, serving 208 million members. The World Council of Credit Unions has released a new statistical report.
The Consumer Financial Protection Bureau has released a proposed rule that would extend a temporary provision that allows credit unions to use estimates for certain fees on remittance transfer pricing disclosures. Also in today’s Anthem: Legal Briefs, and the Question of the Week: “Which logo do I use: Equal Housing Opportunity, or Equal Housing Lender?”
According to a survey by the Credit Union National Association (CUNA), more than 2,000 Northwest consumers switched to a credit union on Bank Transfer Day last Saturdayâ€”a day when most credit union branches are usually closed.
As Bank Transfer Day nears, credit unions are seeing even greater membership swells than originally anticipated, presenting an opportunity for credit unions of all sizes to grow their assets and membership.