CU Direct Introduces Industry’s First Indirect Lending Benchmark Report

Your Strategic Link business partner, CU Direct has a new tool that could help credit unions improve their lending performance.

Compliance Center: NCUA Issues Opinion Letter on Loan Participations in Indirect Loans

NCUA letter focuses on federally insured credit unions as originating lenders in indirect lending arrangements; your question answered about Social Security payee accounts; plus this week’s legal briefs.

Both State Regulators Release Guidance for State Chartered Credit Unions

Northwest regulators have released new compliance information of interest to state chartered credit unions. The Compliance Report details what the Oregon DCBS and the Washington DFI issued recently.

CFPB Issues Guidance on Indirect Lending and ECOA Compliance

A bulletin released last week by the CFPB provided indirect auto lenders within the CFPB’s jurisdiction with suggestions for limiting fair-lending risks under the ECOA for discriminatory dealer markups.

Filene Study: How Credit Unions Grew Consumer Loans During Great Recession

Filene Research Group’s John Dangoia explains how credit unions increased the size of their consumer loan portfolios during the recent recession, illustrating the need to make the most of every lending opportunity.