Attracting New Members: Why Credit Unions Should Offer Mobile Account Opening

Strategic Link partner CSCU shares how this convenient mobile offering can help your credit union turn potential applicants to new members.

Amplify Opens with All-Star Lineup on Advocacy, Regulatory Relief, and Innovation

The opening General Session of the NWCUA’s Amplify Convention featured presentations by CUNA President and CEO Jim Nussle, Oregon Speaker of the House Tina Kotek, NCUA Vice Chair Rick Metsger, and Filene CEO Mark Meyer.

Melting the Stage: Amplify 2015 to Kick Off With Star Power

October’s Amplify Convention in Portland will kick off with several of the most prominent voices in the credit union movement. And that’s just the beginning.

Washington Pot Shops Open; Banking Still up in the Air

Washington’s first legal pot shops are opening their doors this week. Customers are lining up, but financial institutions are not.

FinCEN Issues Advisory on Tax Refund Identity Theft

Credit unions are critical in identifying tax refund fraud, and to assist credit unions in identifying potential cases, FinCEN has identified a number of red flags to bear in mind during tax season.

CFPB Provides Clarification to Credit Card Account Opening Disclosures

Credit unions must update the website reference on their credit card applications and solicitations by Jan. 1, 2013, to reflect the transition of Reg Z to the CFPB. This is not a “significant change” and does not require a 45-day written notice.

Legal Briefs

Your weekly update on the regulatory landscape.

Consumers Line Up for Opening of Clackamas FCU’s Sandy Branch

Clackamas FCU opened the first credit union in Sandy, Ore., on Nov. 16, and residents were literally lined up to open new accounts and take out new loans. The branch’s ATM will be the last on the way up to Mt. Hood.

Planning to Leave Your Bank on Bank Transfer Day? Here’s How to Take Action

As Bank Transfer Day draws near, here is some information to share with potential members who are considering switching from their bank to a not-for-profit credit union.

CUNA President Bill Cheney to Give Opening Pitch at NWCUA Convention

CUNA President and CEO Bill Cheney will provide opening remarks as the keynote speaker at the NWCUA Convention and Annual Business Meeting on Tuesday evening. Cheney has helmed CUNA since July 2010.

NWCUA Convention Kicks Off with Annual Business Meeting

The NWCUA Convention will cut right to the chase with Tuesday afternoon’s Annual Business Meeting, which is to be immediately followed by keynote speaker Bill Cheney’s opening address. Cheney has been the president and CEO of CUNA since July 2010.

Compliance Question of the Week

If credit unions give new members $25 cash gift for opening a new share deposit account, is there an IRS reporting requirement?

Bankrate’s First Credit Union Study Sees Positive Signs

Bankrate’s 2010 Credit Union Study, the first of its kind for this financial services research company, indicates that despite speculation that free checking may disappear from many national banks, the consumer-friendly practice is very much alive and well at credit unions.

General Sessions Set the Pace for Convention

The general sessions at the Washington Credit Union League Convention and Annual Business Meeting set the pace and tone for attendees’ daily activities and then help those attendees regroup at the end of the day.