With Glut of Rules, Some Regs Getting Lost in Shuffle

Five Legislative Battles to Watch in 2016

Beach Municipal taps three board members, First Tech promotes chief retail officer and other CU advocates in the news.

Two credit unions in Georgia have partnered with Carvana, an online auto retailer.

Tim Pawlenty, the head of the Financial Services Roundtable and former Minneosta governor, sent a letter Monday to President-elect Donald Trump requesting that he take steps to harmonize government cybersecurity requirements.

The $741 million-asset credit union’s partnership with Milk Money has raised nearly $75,000 for small Vermont businesses.

Marvel Ebenhahn is set to retire from Community CU in New Rockford, N.D. in January, having led the credit union since 1952.

A tweak to the trade association’s full name will indicate its focus on all federally insured credit unions instead of just federal charters.

The Oklahoma-based credit union will implement a variety of Fiserv solutions, including Portico, making it the first credit union to integrate commercial lending modules into that solution.

The Florida-based CUSO is cautioning CUs about the potential that recent interest rate hikes could have on credit card margins and profitability.

Although Steven Mnuchin has close ties to Wall Street and was involved in some contentious deals, Democrats face an uphill battle making the case that those connections disqualify him to serve as Treasury secretary.

Several cabinet-level or advisory positions in the Trump administration have gone to executives with ties to Wall Street and for-profit banking, and observers offered a mixed forecast on how that might impact credit unions.

Wells Fargo continues to sustain damage from consumers who were put off by the company's phony account scandal.

The Credit Union Chili Challenge, expanding branch networks and overall good citizenship are part of the latest round-up of CU community news.

A federal judge heard arguments from ICBA and NCUA on whether to dismiss the banking group's legal challenge to the credit union regulator's changes to the member business lending rule. A decision on the dismissal could come as early as January.

Even as some expect the debate over the Consumer Financial Protection Bureau's proposed rule aimed at curbing predatory payday lending to heat up, one possible credit union-based solution is picking up steam.

The technology vendor helped 49 credit unions convert their core banking systems during 2016, including United Savings CU in Fargo, N.D., and Streator Community CU in Streator, Ill.

The National Association of Federal Credit Unions (NAFCU) announced the death of its former chairman, Jim Mills.

The bulk of NCUA's December board meeting was used to detail the current status of the Corporate System Resolution Program and any potential assessment refunds to be paid to credit unions — though those monies won't show up for several years still.