WASHINGTON—The American Bankers Association this week filed its non-binding statement of issues in its case against the NCUA's field-of-membership rule, which reveals that the group intends to raise the issue of whether any portion of a core-based statistical area (CBSA) that “excludes the core is a single well-defined local community is arbitrary, capricious or contrary to law,” NAFCU reported.
WASHINGTON—NAFCU and CUNA are urging the House to adopt an amendment from House Chief Deputy Whip Patrick McHenry (R-NC) that would prohibit the U.S. postal service from providing banking services.
WASHINGTON–The head of a bankers’ trade association believes CUNA’s “Open Your Eyes” awareness campaign should also open credit unions to taxation.
ARLINGTON, Va.–Following NCUA’s announcement that next week it will begin distributing $735.7-million in distributions from the share insurance fund to credit unions, NAFCU said it will continue to press the agency to pay even more out.
ORLANDO—New NCUA field of membership rules have dramatically slowed the trend of federal charters converting to state charters, NASCUS reports.
ORLANDO—Electronically stored information has become the “driver” behind many of the lawsuits hitting credit unions today, and CUs need to be aware of that fact to land on the winning side of court decisions, a panel of attorneys said.
SINGAPORE—Credit unions must adapt to a new world in which “no one controls anything anymore-except the customer,” according to one expert.
SINGAPORE–Credit unions have an opportunity to become even bigger disruptors in the global marketplace than when they were when created more than a century ago, according to WOCCU’s president and CEO.
SINGAPORE — During the World Credit Union Conference here, the World Council of Credit Unions announced its new board members and executive committee.
MADISON, Wis. – CUNA Mutual AdvantEdge Analytics announced it has launched its new data platform for the credit union industry that it says leverages Microsoft’s technology.
