Credit Unions Answer Student Debt Need

Student debt has become Millennials’ financial Achilles’ heel. True to their mission, credit unions are aligning with Millennial members to consolidate student loans and create a path to financial strength.

Compliance Center: IRS Reminds Taxpayers About Retirement Plan Distribution Deadline

Here’s what the IRS has to say about required minimum distributions; your question answered about recouping waived settlement costs on a member business loan; plus this week’s legal briefs.

If Your Member Crashes While Driving for Uber, Is Your Loan Covered?

CUNA Mutual Group debuts enhanced Collateral Protection to cover loan losses due to member participation in Uber, Lyft, and other transportation network companies.

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.

Compliance Center: CFPB Releases Updated Regulation Z Thresholds

Get the new Reg Z thresholds; your question answered about which loans are exempt from TILA/RESPA rule; plus this week’s legal briefs.

Compliance Center: CFPB Releases New Tools as Part of ‘Know Before You Owe’ Mortgage Initiative

Learn about the CFPB’s new tools; your question answered on tolerance violation refunds under TILA/RESPA; plus this week’s legal briefs.

BECU Lowers Interest Rates for Over 30,000 Members

The credit union’s members will save nearly $3 million thanks to its Reprice Program, which proactively evaluates members’ credit scores and payment histories and lowers rates where possible.

BECU Lowers Interest Rates for Over 30,000 Members

The credit union’s members will save nearly $3 million thanks to its Reprice Program, which proactively evaluates members’ credit scores and payment histories and lowers rates where possible.

Credit Unions Experience Fastest Loan Growth in Their History

Latest CUNA Mutual Group report highlights record $10.2 billion in loans added by credit unions, plus membership growth hits its fastest rate in two decades.

Amplify’s Small Credit Union Round Table to Focus on Shared Economy, Sustainability

Small credit unions are finding secret sauce in the age of a sharing economy, while also struggling with sustainability in the age of consolidation. The Small Credit Union Round Table kicking off Amplify 2015 will focus on those issues.

Compliance Center: CFPB Releases PMI Cancelation and Termination Guidance

Get the latest on the CFPB’s guidance; your Compliance Question of the Week answered; plus this week’s legal briefs.

Compliance Center: Register for CUNA’s 8 Hour SAFE Comprehensive Mortgage Loan Originator Course

Learn more about the course and register; your question answered about periodic training for mortgage loan originators; plus this week’s legal briefs.

Small Loan Makes Lifelong Memory for High School Couple

With homecoming approaching, one high school student decided to make it a special night. All he needed was a small loan from his credit union.

Leading Website Praises Credit Union Small Business Lending

Personal finance website NerdWallet offered three key benefits of seeking small business loans at credit unions, quoting NWCUA President and CEO Troy Stang.

Preview Mirador Financial’s Revolutionary Small Business Lending Tech

Mirador Financial, a Strategic Link betaSpace partner, will demonstrate for Northwest credit unions how their small business lending technology can make lending decisions faster and more accurate in a July 16 webinar.

NCUA has $2 Million Grant Fund for Low-Income Credit Unions

The NCUA has $2 million to give to low-income credit unions looking to launch new products, grow capacity, develop a digital presence, or invest in cyber-security infrastructure. Applications are being accepted through June 30.

FHLB Des Moines Completes Merger with FHLB Seattle

The merger, the first voluntary merger in the history of the FHLB system, closed on May 31.

Compliance Center: New CUNA Tools to Help Credit Unions With TILA/RESPA Compliance

New TILA/RESPA tools; your questions answered about how to ID a minor; plus this week’s legal briefs.