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MADISON, Wis.—The Filene Research Institute is releasing three new reports: Financial Capability Near Retirement: A Profile of Pre-Retirees; The Impact of Two-Tiered Banking: How Credit Unions Can Bridge the Divide, and Credit Union 2.0: An Opportunity to Build Collaborative Partnerships.

ARLINGTON, Va.—NAFCU has sent a comment letter to the Consumer Financial Protection Bureau (CFPB) regarding proposed changes to the collection and reporting requirements under the Home Mortgage Disclosure Act that would amend Regulation C.

ROYAL OAK, Mich.—The CFPB’s focus on unfair, deceptive or abusive acts or practices (UDAAP) among FIs and recent fines on banks for deceptive free checking advertising certainly sends chills up the backs of even the most confident compliance officers.

To avoid the CFPB ominously descending on the credit union—and some terrifying consequences—CUs must understand this Dodd-Frank mandate and reduce UDAAP risks.

BOSTON—CurrentC, the fledgling payments system from the Merchant Customer Exchange (MCX), was hacked this week during testing, according to reports from the company.

SAN FRANCISCO—San Francisco FCU here is now awaiting a delivery of barbecue sauce.

NEW YORK—NCUA’s decision to re-issue the RBC proposal and open a new comment period has CUs more comfortable about their future—especially those whose lending is almost exclusively comprised of MBLs.

ALEXANDRIA, Va.—NCUA staff like where they work, according to the 2014 Federal Employee Viewpoint Survey that ranks the agency highly among its peers.

ALBANY, N.Y. – Leaders from the National Cooperative Federation of Nepal (NCFN) met with the Credit Union Association of New York here and individual credit unions to discuss common issues.

CUPERTINO, Calif.—The launch of Apple Pay has run into a few snags.

It is a well-known fact that if you are seeking a new job, a government appointment or looking to get something accomplished, you want it to be on the short list.

Michael Fryzel

It is also generally believed that the shorter the list you give to someone, the greater the chance of getting done what is on that list.