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New guidelines make it imperative that CUs pay close attention to how they handle garnished accounts that receive federal benefits, reminds Wolters Kluwer.
September 9 -
While check usage may be on the decline, the amount of charge-offs due to check fraud is not, and one person says that Reg CC remains a chief compliance hurdle.
September 9 -
All the attention may go to new regulations, but one person is reminding that CUs must continue to monitor some older threats associated with Reg E.
September 9 -
Credit unions need to pay close attention to member complaints as the Consumer Financial Protection Bureau is stepping up its focus here, looking for signs from consumers that their FI is engaging in unfair or deceptive practices.
September 9 -
The CFPB's new and forthcoming mortgage rules represent what one person called "the poster child for change" that FIs can expect in the coming year.
September 9 -
PLANO, Texas-Credit union CEOs are entering September with heightened expectations for the lending performance of their credit union. In Catalyst Corporate FCU's most recent CU CEO Confidence Survey it found responses during Q2 2013 represent a jump of 4.2 points over the first quarter report and a year-over-year "confidence surge" regarding lending of almost 13 points. The findings come as new data released by NCUA show credit union lending increasing during the first half of 2013.
September 9 -
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Prepaid cards is a rapidly growing market, but one analyst fears most credit unions are letting the opportunity slip by.
September 9 -
A new report confirms that credit unions are clearly winners as a result of the Durbin rules, and the study's author predicts if debit interchange is cut even further CUs below $10 billion in assets will win even more.
September 9 -
One credit union has found success using remote controlled drones to highlight branch locations and promote the credit union.
September 9 -
ATLANTA-In keeping with numbers showing loans grew faster than shares at credit unions, Equifax reported its analysis saw total credit card balances increase for the first time in five years.
September 9 -
WASHINGTON-The Federal Housing Finance Agency is mulling a reduction in Fannie Mae and Freddie Mac's loan limits that is slated to kick in Jan. 1, 2014.
September 9 -
Five Star Credit Union here has become the latest CU to sign an agreement to buy a bank.
September 9 -
Laying groundwork for future expansion while helping members hold onto the past, Ohio HealthCare FCU is forming the HealthCare Credit Union System.
September 9 -
Nutmeg State FCU Adds Car Buying Service To Its Menu of Offerings
September 9 -
Banks don't want to provide a lot of answers to basic financial questions on their websites, preferring customers stop by or call a branch-leaving the door wide open for credit unions to further improve their service over banks.
September 9 -
The Southern Nevada Chapter of the California and Nevada CU League hosted a sales training seminar here that attracted representatives from five CUs.
September 9 -
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The California/Nevada CU Leagues has become the latest CU association to roll out a solution in response to the Affordable Health Care Act, also known as Obamacare.
September 9
