CUNA: CU Membership Passes 108 Million Nationwide

September was another strong month for credit unions according to CUNA senior economist Perc Pineda.

Compliance Center: NCUA Releases Exam Priorities for 2016

The National Credit Union Administration recently released a letter highlighting their supervisory priorities for 2016; plus your question on IRS forms answered, and this week’s legal briefs.

How to Manage Credit Card Products in Light of the Fed Rate Increase

The Federal Reserve’s quarter point interest rate increase late last year was a small step at the time, but is expected to produce a ripple effect. Your Strategic Link partner CSCU provides insight to help credit unions manage their products in a rising interest market.

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.

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.

NCUA to Seek Comments on Overhead Transfer Rate, Operating Fee in January

NCUA Chair Matz will call for a January vote to publish the methodologies for calculating the OTR and operating fee in the Federal Register, opening them for comment.

Compliance Center: FCC Issues Telemarketing Rulings

Get the scoop on the FCC’s new telemarketing rulings; your question answered about collecting payments from active duty service members; plus this week’s legal briefs.

CUNA Mutual Group: U.S. Credit Union Savings Pass the Trillion Dollar Mark for the First Time

A new CUNA Mutual Group report shows strong growth in savings, loans and memberships,
suggests strengthening middle-market economy. New auto loan balances increase at fastest pace on record.

Compliance Center: FFIEC Joint Statements on Risk Mitigation and NFIP Program Changes

Important cyber-security statements; your question answered on the SAFE Act de minimus exception; plus this week’s legal briefs.

Compliance Center: Washington State DCU Releases 2015 Examination Priorities

DCU’s six 2015 exam priorities; question about ChexSystems report requests answered; and legal briefs.

Compliance Center: NCUA Priorities, 1099s, and More

Regulator to focus on cyber security, interest rate risk, among other priorities; question on mailing 1099 forms answered; plus legal briefs.

NCUA Releases 2015 Exam Priorities

Priorities are similar to last year, including cyber security, interest rate risk, and money servicing businesses.

RBC, Interest Rate Risk Rule Discussed at Fall Meetings With NCUA

The NWCUA learned that the regulator is taking comments on RBC seriously. Expect new proposal and separate rule for interest rate risk.

Credit Union Movement Questions WSJ Article on Interest Rate Risk Management

An article in the Wall Street Journal is drawing fire within the credit union movement. The publication quoted NCUA Chair Debbie Matz sharing concerns about credit unions’ interest rate risk management.

Compliance Center: NCUA Issues Final Rule on Derivatives to Mitigate Interest Rate Risk

The National Credit Union Administration board has adopted the final rule to give federal credit unions limited authority to use derivatives to mitigate interest rate risk. Also in today’s Anthem: Legal Briefs and the Question of the Week: What happens to a guardianship when the incapacitated person passes?

NWCUA’s A/LM Conference to Address Interest Rate Risk, Mitigating Exposure

Interest rate risk and mitigating exposure will be among the key topics when the Northwest Credit Union Association hosts an interactive Asset/Liability Management Conference in March.

NCUA Releases 2014 Exam Focus

The National Credit Union Administration has released Letter to Credit Unions 14-CU-02, which covers the focus topics for 2014 examinations.