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Mulvaney as CFPB head? Five things to know

CU Journal - Sun, 11/19/2017 - 9:19pm
Mick Mulvaney, President Trump's likely interim head of the CFPB, has taken tough stances on the CFPB, its payday lending rule, housing finance reform and other issues pending before the agency.
Categories: Credit Union News

Desert Schools Federal Credit Union forms IT CUSO

CU Journal - Fri, 11/17/2017 - 4:11pm
Company formed in partnership with core processing provider Corelation.
Categories: Credit Union News

Housing finance reform next on to-do list for Trump and Congress

CU Journal - Fri, 11/17/2017 - 4:11pm
The White House and congressional GOP leaders are eyeing a tight window between tax reform passage and the 2018 midterms to pass housing finance reform. And with key policymakers readying their exit, the effort could be the most concerted push yet.
Categories: Credit Union News

ADA Cases Spread to Georgia Credit Unions

CU Times - Fri, 11/17/2017 - 3:41pm
More credit unions pulled into ADA lawsuits as one CU moves to dismiss the lawsuit on grounds of field of membership.
Categories: Credit Union News

Silver State Schools Credit Union continues its roll

CU Journal - Fri, 11/17/2017 - 3:11pm
Las Vegas-based credit union has posted 22 consecutive quarters of positive earnings.
Categories: Credit Union News

Setting kids up for success: Credit unions in the community

CU Journal - Fri, 11/17/2017 - 3:11pm
Teaching financial literacy, being recognized by the SBA, showcasing the power of advocacy and other ways credit unions are giving back in their communities.
Categories: Credit Union News

360 FCU names new CEO

CU Journal - Fri, 11/17/2017 - 3:11pm
Duane Crisco will take the reins next month, succeeding Robert Aresti, who is retiring after 26 years at the credit union.
Categories: Credit Union News

U.S. Home Starts Reach Highest Level in a Year

CU Times - Fri, 11/17/2017 - 3:01pm
The latest report from government officials shows building permits for single-family homes are up in Q3.
Categories: Credit Union News

Mortgage delinquencies rise following the three hurricanes

CU Journal - Fri, 11/17/2017 - 1:10pm
The three major hurricanes that caused so much devastation during August and September was largely responsible for the third-quarter increase in mortgage delinquencies.
Categories: Credit Union News

Credit Union Employee Helps Catch a Thief

CU Times - Fri, 11/17/2017 - 12:10pm
An audit caught a $10,000 internal theft and an alert employee caught a car loan fraudster.
Categories: Credit Union News

Small Businesses Reveal Cash Flow Issues, but Optimistic Outlook

CU Times - Fri, 11/17/2017 - 9:57am
Three out of four small businesses have delayed purchases due to cash flow management problems.
Categories: Credit Union News

Senate Committee Approves Tax Bill, Preserving CU Tax Exemption

CU Times - Fri, 11/17/2017 - 8:36am
The Senate version of tax reform, as the House version, keeps credit union tax exemption in place.
Categories: Credit Union News

How bringing together local businesses is helping grow North Jersey FCU

CU Journal - Fri, 11/17/2017 - 8:10am
The credit union has hosted its annual Business Summit for the last seven years, and the event continues to grow in popularity.
Categories: Credit Union News

Term Limits Keep the Swamp Filled With Muddied Water

CU Times - Thu, 11/16/2017 - 11:00pm
When House Financial Services Chairman Jeb Hensarling (R-Texas) recently announced his retirement, he gave all the usual reasons for his departure.
Categories: Credit Union News

How a new CFPB head may revamp rules, enforcement

CU Journal - Thu, 11/16/2017 - 5:08pm
A new Republican director of the Consumer Financial Protection Bureau is likely to take immediate action to change certain rules, including the "qualified mortgage" and payday rules, while curbing pending enforcement actions that are considered too harsh on financial firms.
Categories: Credit Union News

NCUA approves 2018-2019 budget, simplified OTR metholology

CU Journal - Thu, 11/16/2017 - 4:08pm
The approved budget is largely unchanged from the plan released during the public briefing last month.
Categories: Credit Union News

OMB chief Mulvaney could be temporary CFPB boss

CU Journal - Thu, 11/16/2017 - 3:08pm
Mick Mulvaney, President Trump’s Office of Management and Budget director, is being considered for interim director of the consumer watchdog after Richard Cordray steps down and until a permanent pick is confirmed.
Categories: Credit Union News

Why credit unions need to give members something to believe in

CU Journal - Thu, 11/16/2017 - 3:08pm
The key to loyalty and growth, said one expert, may be in building on a sense of community and making members feel lucky to be part of the CU.
Categories: Credit Union News

OMB’s Mulvaney Likely Interim CFPB Chief; Once Called Agency ‘A Joke’

CU Times - Thu, 11/16/2017 - 2:18pm
CFPB's temporary leader is likely a man who's an outspoken critic of the agency and the NCUA.
Categories: Credit Union News

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