Deep down, you identify professionally as Yes Man. If you had it your way, every share account application would be approved so that EVERYONE is a member of your credit union. After about 561 newly opened share accounts (in a field of membership of about 200 eligible people), you receive a call from your boss. …
The Treasury’s Community Development Financial Institutions (CDFI) Fund and Office of Civil Rights and Equal Employment Opportunity (OCRE) will conduct a live webinar to assist organizations in understanding the requirements of the CDFI Fund’s Title VI Compliance Worksheet. Registration is now open for the webinar, scheduled for March 21 at 10 a.m. Eastern. Specifically, it …
CDFI Fund to conduct webinar on Title VI compliance worksheet Read More »
America’s Credit Unions keeps credit unions informed with new posts on the Compliance Blog, published every Tuesday and Thursday. Here’s a look at what’s new on the blog: CFPB Limits Credit Card Late Fees: This post highlights the CFPB’s final rule to limit credit card late fees. The rule “would limit those safe harbor amounts …
Compliance Blog discusses credit card late fees rule, TCPA consent revocation Read More »
America’s Credit Unions President/CEO Jim Nussle congratulated new Community Development Financial Institutions (CDFI) Fund Director Pravina Raghavan, adding that credit unions look forward to working with the fund toward their shared goal of supporting underserved communities. There are more than 500 certified CDFI credit unions, representing more than 35% of CDFIs nationwide but originating 77.1% …
Nussle: Credit unions look forward to working alongside new CDFI Fund director Read More »
This week, America’s Credit Unions hosts three events: Marketing & Business Development Council Conference in Las Vegas, Nev., Internal Audit Certification School with ACUARP in Tempe, Ariz., and Regulatory Compliance School in Arlington, Va. In addition, the organization will monitor tomorrow’s primary elections in Illinois and Ohio. America’s Credit Unions PAC is supporting 24 …
This week: America’s Credit Unions monitors funding, primary elections, more Read More »
CFPB Director Rohit Chopra indicated in remarks Thursday that the bureau would be responsive to recommendations sent in December by America’s Credit Unions’ legacy organizations on the CFPB’s section 1033 proposed rule. The proposal covers consumer access to financial data and depends largely on recognition of an organization to set a qualified industry standard to …
Chopra says CFPB will recognize industry standard before final 1033 rule Read More »
America’s Credit Unions Chief Advocacy Officer Carrie Hunt spoke with the Editor-In-Chief of Credit Union Times Wednesday and gave insight into her priorities for America’s Credit Unions’ advocacy agenda. During the conversation, Hunt noted fighting against interchange legislation circulating in both chambers of Congress was her top priority. She also addressed the increase of fraud …
ICYMI: Hunt outlines advocacy priorities in CU Times Read More »
The NCUA will host a free webinar April 4 tackling liquidity risk management. Credit unions are encouraged to attend; registration is open now. During the event, representatives from the agency will review the NCUA’s Jan. 17 advisory issued to credit unions, outlining the importance of having a strong liquidity management framework due to the …
NCUA to host webinar on liquidity risk management Read More »
The number of Americans that are members of credit unions increased to over 142 million in January, according to the recently released America’s Credit Unions’ Monthly Credit Union Estimates. Additionally, the estimates revealed that credit union loans outstanding and savings balances declined slightly in January. Other highlights from the report: Credit union loan-to-savings rates increased …
The economy might look good by the numbers, but there’s still a lot of consumer uncertainty, America’s Credit Unions’ economic team told the BIGCast in its recent episode from the Governmental Affairs Conference (GAC). America’s Credit Unions’ Ligia Vado called it a “vibe-cession,” noting that consumers do not seem very optimistic. “Even though the economy …
Economists talk conflicting numbers, consumer concerns Read More »
