Miracle Jeans Day is coming soon. It’s a chance to link denim to Children’s Miracle Network Hospitals, instead of questionable early 2000s fashion statements.
The recognition grades credit unions on key financial factors such as deposit growth, capitalization, and loan to reserve ratios.
Compliance Center: FFIEC Issues Interbank Messaging and Wholesale Payment Network Advisory Statement
FFIEC recently released a statement advising financial institutions that actively manage the risks associated with interbank messaging and wholesale payment networks.
After nearly seven years of success driving car sales and credit union loans, GM will suspend the program this October.
Online, mobile and fee-free: financial information company NerdWallet shares the must-haves that Millennials seek in their financial institutions.
NCUA Chair Debbie Matz’s designation of Rick Metsger as vice chair hit a speed bump this week, and awaits affirmation of the full board.
When it comes to top-flight member service and philosophy in action, credit union HR departments have training nailed. Oh, but what to do about tattoos is another question. What say the legal eagles?
Financial-services technology is evolving faster than ever, but members still value the personal touches that have traditionally helped differentiate credit unions from big banks. To bridge that gap, CO-OP Financial Services is offering a fully integrated portfolio of products and services that help credit unions compete in a challenging marketplace.
Credit unions’ bond policies and other insurance policies may cover certain types of losses associated with a data breach, but if you don’t have a policy specifically dedicated to the growing array of data breach risks, you need to review your overall exposure.
Credit unions may be the best advocates and watchdogs elder members have to protect them against fraud. Our compliance report details the signs of potential fraud staff should look for, and share CFPB guidance giving credit unions some latitude reporting potential abuse. This is a must-read for staff serving elder members.
This week’s Senate confirmation of Richard Cordray to head the CFPB should guarantee credit unions and banks a level playing field with previously unregulated financial services providers. That is the perspective of a national consumer advocate interviewed by Anthem this week.
The 2013 Credit Unions for Kids Wine Auction raised $160,000 last week. The annual event was spearheaded by iQ Credit Union, and had the support of 15 additional credit unions and industry service partners.
Oregon State Treasurer Ted Wheeler, House Speaker Tina Kotek and DCBS Director Pat Allen all addressed credit union advocates at last Thursday’s Oregon Credit Union Day at the Capitol. “We want to help you be successful in any way we can,” Wheeler said.
The NCUA outlined its primary areas of focus for examiners in the January edition of the NCUA Report, and the agency also plans to provide more information and better guidance to credit unions to clearly set exam expectations.
Strategic Link business partner John M. Floyd and Associates has been working to provide the CFPB with a balanced look at how transparent overdraft programs can benefit informed account holders, and their findings revealed patterns of overdraft use that disproportionately impacts young adults and consumers of low and moderate income.
Volunteers are needed for upcoming Financial Reality Fairs, where Northwest legislators will see high school students learning how to live on a budget during the 2013 CU Day @ the Capitol events.
Your weekly update on the regulatory landscape.
Have you ever struggled to make a meeting interesting? A new Speakers Bureau resource will help credit union professionals plan more compelling, educational and relevant events. It’s also a great way to offer your own expertise as a speaker.