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Credit Union News

CFPB Issues First ‘No Action’ Letter to Fintech Company

CU Times - Mon, 09/18/2017 - 12:10pm
For the first time, the CFPB issues a letter of "no action" for a fintech lending organization.
Categories: Credit Union News

5 Warning Signs of an Embezzler

CU Times - Mon, 09/18/2017 - 11:06am
Signs of a possible thief in the workplace that may help CU executives and board members raise red flags sooner rather than later.
Categories: Credit Union News

Credit Unions Reveal Awards & Promotions

CU Times - Mon, 09/18/2017 - 10:20am
Professionals at nine credit unions advance to the next level in their careers.
Categories: Credit Union News

CFPB Deal Could Mean Relief From Wall Street's Worst Student Loans

CU Times - Mon, 09/18/2017 - 7:40am
More than 800,000 students could have relief from their student debt in a settlement between the CFPB and 15 trusts.
Categories: Credit Union News

Equifax Breach a Game-Changer for CU Fraud

CU Times - Fri, 09/15/2017 - 3:43pm
Experts say CUs must evaluate their credit reporting practices, seek better breach data and prepare for a spike in fraud.
Categories: Credit Union News

Irma’s Aftermath Continues to Take Toll on Florida CUs

CU Times - Fri, 09/15/2017 - 3:26pm
More than 1.6 million homes and businesses are without power and running water as late summer temperatures and humidity soar.
Categories: Credit Union News

Democrats Press DeVos to Renew Cooperation With CFPB

CU Times - Fri, 09/15/2017 - 12:29pm
The Education Department faces pressure to once again share servicer information with the CFPB.
Categories: Credit Union News

Private Sector Innovation, Not Government, Should Drive ID Protection: Mnuchin

CU Times - Fri, 09/15/2017 - 12:03pm
The Treasury Secretary says the federal government shouldn’t be developing security solutions for a complex global financial environment.
Categories: Credit Union News

Most Federally-Insured CUs Report Improvement Despite Membership Declines

CU Times - Fri, 09/15/2017 - 10:08am
The NCUA’s Q2 2017 data show continued improvement in almost every category despite a membership decline of 0.1%.
Categories: Credit Union News

The Value of Employee Feedback

CU Times - Thu, 09/14/2017 - 11:00pm
In a credit union, there's no better person to provide feedback than those on the ground doing the work.
Categories: Credit Union News

Couple Who Managed CU Sentenced for $2 Million Embezzlement

CU Times - Thu, 09/14/2017 - 1:00pm
Laotian refugees used the credit union’s stolen funds to operate three successful businesses.
Categories: Credit Union News

CU Uses Self-Serve Technology to Revitalize Branch Activity

CU Times - Thu, 09/14/2017 - 12:42pm
Sunmark Federal Credit Union thinks outside the box to create a new self-service branch.
Categories: Credit Union News

House Passes Bill Keeping NCUA Out of Appropriations Process

CU Times - Thu, 09/14/2017 - 11:22am
The credit union industry is happy with the decision by the House to be left out of the appropriations process.
Categories: Credit Union News

House Members Ask for MLA Exemption for CUs

CU Times - Thu, 09/14/2017 - 10:51am
House members ask the DoD to exempt credit unions from the Military Lending Act.
Categories: Credit Union News

Western Michigan CUs Merge to Better Compete

CU Times - Thu, 09/14/2017 - 8:37am
Rogue River Community Credit Union and Newaygo County Service Employees CU merge to create Compass Credit Union.
Categories: Credit Union News

U.S. Probing High-Pressure Mortgage Sales That Target Veterans

CU Times - Thu, 09/14/2017 - 7:10am
A lending program supported by the credit union industry is under investigation as allegations of predatory lending mount.
Categories: Credit Union News

More Florida Credit Unions Open Doors

CU Times - Wed, 09/13/2017 - 5:26pm
Continued, extensive power outages force credit unions to keep some branches closed.
Categories: Credit Union News

Tech Update: CUs & Debit Payments; Improving Compliance Processes & Costs

CU Times - Wed, 09/13/2017 - 1:52pm
A technology round-up of what's happening with the marriage of technology and credit unions.
Categories: Credit Union News

Tech Update: CUs & Debit Payments; Improve Compliance Processes & Costs

CU Times - Wed, 09/13/2017 - 1:52pm
A technology round-up of what's happening with the marriage of technology and credit unions.
Categories: Credit Union News

P2P Study: Zelle Growing, Brand Recognition is Not

CU Times - Wed, 09/13/2017 - 11:53am
P2P is a competitive space and a new study shows people would prefer a secure payment app supported by their financial institution.
Categories: Credit Union News

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