CUNA remains concerned about a very narrow definition of "bad faith" for patent assertion letters that would trigger enforcement actions under the Targeting Rogue and Opaque Letters Act. The House Energy and Commerce Committee approved the bill 30-22 this week.
The National Credit Union Administration board approved its final associational common bonds rule Thursday, a rule that included a number of CUNA-suggested improvements from the original proposal.
When asked "debit or credit," young consumers would be more inclined to say "debit" if a rewards program was attached to the action, according to recent research from Mercator Advisory Group.
For alleged bank fraud and embezzlement, two individuals were banned by the National Credit Union Administration from participating in the affairs of federally insured financial institutions.
The World Council of Credit Unions is working with a number of organizations to bring relief to Nepal, where a 7.9 magnitude earthquake struck Saturday and an aftershock hit Sunday, killing thousands and reducing buildings and infrastructure to rubble.
Voting is under way to determine who will be
Credit Union Magazine's
2015 Credit Union Hero of the Year.
Nothing the Federal Open Market Committee wrote in the policy statement it released at the conclusion of its two-day meeting Wednesday gave an indication it has plans to raise interest rates in June.
As National Financial Literacy Month winds down, Credit Union 1 of Anchorage, Alaska, provides an example of how credit unions move beyond their memberships when it comes to serving their communities.
A provision added to the National Defense Authorization Act would delay implementation of changes to certain rules under the Military Lending Act, until a report on the effects of those changes on servicemembers is prepared.
Bills updating credit union laws in two states were signed by their respective governors over the past few days.
Financial Literacy Month activities will continue April 29 with a Twitter chat hosted by aSmarterChoice and
NerdWallet
on the future of saving.
Loan servicers will be required to delay mortgage foreclosures and evaluate borrowers for their eligibility for loss-mitigation programs, based on changes to the U.S. Department of Housing and Urban Development's Distressed Asset Stabilization Program.
A National Credit Union Administration webinar titled "NCUA 2015 Grant and Loan Opportunities" will begin at 2 p.m. (ET) today and is scheduled to last 90 minutes.
As legislation regarding transportation network companies (TNCs) such as Uber, Lyft and Sidecar is being considered in at least 35 states, CUNA is serving as a clearinghouse for expertise, guidance and information regarding TNCs.
CUNA President/CEO Jim Nussle took to the airwaves Friday to highlight the massive costs facing credit unions due to the increasing number of merchant data breaches.
Creating a "best" organization requires a culture of purpose with heart and soul, said Jackie Freiberg at the opening keynote address of the CUNA HR/TD Council Conference in Hollywood, Calif., last week.
The Minnesota Credit Union Network and MidMinnesota FCU, Baxter, welcomed a special guest during a recent "Your Money, Your Goals" training session.
Consideration of a final rule that would change field-of-membership regulations tops the agenda for the National Credit Union Administration's April 30 board meeting.
The National Credit Union Administration supports several CUNA-backed regulatory relief bills, including ones that would raise the member business lending cap and allow supplemental capital.
Among the credit union leagues that have joined CUNA as plaintiffs in a nationwide class-action lawsuit against Home Depot in connection with a September 2014 data breach are the California and Nevada Credit Union Leagues, Michigan Credit Union League and the Georgia Credit Union League.
Statistics on Suspicious Activity Reports were released Wednesday by the U.S. Treasury's Financial Crimes Enforcement Network.
Financial institutions providing incorrect automated clearing house enrollment information will be held liable by the U.S. Department of the Treasury's Fiscal Service Bureau.
Representatives from CUNA and the National Credit Union Foundation will be on hand for Friday's Financial Literacy Day on Capitol Hill, which is convened by the Jump$tart Coalition, Junior Achievement USA and the Council for Economic Education.
As the U.S. House prepares to vote on the Bureau of Consumer Protection Advisory Act (H.R. 1195) today, CUNA has written to House leadership encouraging its passage.
When millennials need financial advice--or a little more money in their wallet--they most often turn to their parents, according to the Bank of America/
USA TODAY
Better Money Habits millennial report released Tuesday.
