Is your credit union membership at financial risk due to a lack of life insurance coverage? A 2013 study reported 30% of Americans have no coverage and 44% have no individual life insurance. Our Strategic Link business partner CUNA Mutual Group shares some suggestions.
The Consumer Financial Protection Bureau’s final remittance transfer rule takes effect October 28. The rule was delayed for eight months after credit unions requested more weigh in with the regulator. The NWCUA and Northwest credit unions did offer comments and while some relief was granted, the outcome isn’t all credit unions hoped for.
The CFPB is seeking comment on four proposed changes to the Remittance Transfer Rule, all of which are considered beneficial to financial institutions that will continue offering remittance transfer services.
With constant changes to regulations, how can a credit union be assured that they are remaining compliant with their documents? CUNA Mutual Group’s LOANLINER Documents can be your trusted partner providing value that extends beyond the document.
Harland Clarke Digital Launches to Deliver Premier Marketing Solutions for Multichannel Digital Communications
Strategic Link business partner Harland Clarke has launched a new brand, combining sophisticated marketing expertise with powerful technology to launch Harland Clarke Digital.
John M. Floyd, chairman and CEO of Strategic Link business partner JMFA, explains that credit unions must be mindful of how their overdraft program processes and fees affect members, especially in light of the CFPB’s efforts to protect consumers.
The ICUL Service Corporation, a Strategic Link business partner, offers several programs to help credit unions compete with gift card and reloadable “stored value” debit cards, including a new series geared toward soon-to-be graduates.
The funds will go to CUAidâ€™s current relief campaigns for the Joplin tornado and the severe line of storms in the South.
The new partner will help credit union members purchase vehicles. Lunch & Learn sessions will be held throughout the region.
Corporate Corner is a series of articles that will examine various aspects of the corporate credit union crisis and the NCUAâ€™s plans to resolve the issue and stabilize the industry.