Credit Union Journal - December 12, 2016

Already defending itself against a suit challenging its member business lending rule, the credit union regulator now must grapple with a challenge to field of membership regulations. Some observers suggest the scope of the legal is unprecedented.

Looking to make that special IT person in your life happy this holiday season? Anything related to cybersecurity is probably a good bet.For the 15th consecutive year, Credit Union Journal asked IT execs from credit unions and credit union service organizations (CUSO) around the nation to share what technologies would make their respective 2017 more joyful and productive. Assuming they were all on the "nice list," here are their wishes.

Rising interest rates are a near certainty, analysts say, but plenty of unknowns remain, including how populist movements in Europe might impact the global economic picture.

The consumer watchdog group cautioned FIs to beef up their compliance management systems, but some observers questioned whether credit unions — which generally have more consumer-friendly business practices — are in the clear or if there is still work to be done.

We know some credit unions won't much like our story presenting the bankers' arguments on FOM and MBL, but ignoring them would be unwise.

Although the Financial Crimes Enforcement Network’s plan to extend certain AML requirements to smaller institutions that had previously been exempt will mean more work, credit unions have an advantage over their banking counterparts.

Even a credit union that has done absolutely everything right to ensure its ATMs are fully compliant with the Americans with Disabilities Act could be in for a most unpleasant surprise.

While the designation of Ben Carson – noted neuroscientist and former GOP presidential candidate – to run the Department of Housing and Urban Development appears like an unusual choice, lenders are hoping he can bring a fresh perspective to the industry