What’s Being Watched In Congress This Week 06/15/2015 08:33 pm WASHINGTON–Credit unions will be monitoring a number of hearings in Congress this week.
Prospera Credit Union Takes Over Management Of OWOCU 06/21/2015 04:35 pm APPLETON, Wis.–The $178-million Prospera Credit Union is taking over management of the daily operations of the $25-million University of Wisconsin-Oshkosh Credit Union.
CUNA Outlines Recommendations For Reforms To Federal FOM Rules 06/15/2015 08:33 pm WASHINGTON–CUNA has sent a letter to NCUA formally outlining its recommendations for reforms to field of membership for federal charters.
NCUA’s Latest Video Urges Preparation For Rising Rates 06/21/2015 04:36 pm ALEXANDRIA, Va.–NCUA has released the latest video in its Economic Update series.
New Payments System The Answer To Pot Industry’s Cash-Handling Problems? 06/15/2015 09:10 pm DES PLAINES, Ill.—A new company is offering a closed-loop payments system to cannabis businesses to help eliminate their need to handle large amounts of cash.
Member Files Suit Against Alabama One; Wants Management Ousted 06/21/2015 04:36 pm TUSCALOOSA, Ala.–A member of Alabama One Credit Union here has filed a lawsuit in Tuscaloosa County Circuit Court seeking removal of the credit union’s leadership.
CFBP: 90% Rejection Rate On Private Student Loan Co-Signer Release Requests 06/21/2015 04:37 pm WASHINGTON—More than 90% of consumers are being rejected for co-signer release on their private student loans, based on its review of industry practices by the CFPB.
CUNA Finds ‘Discrepancy’ In TILA-RESPA Rules; Wants Exemption For Certain CUs 06/21/2015 04:37 pm WASHINGTON—CUNA is asking the CFPB for answers about a discrepancy it said it has spotted regarding TILA-RESPA rules, and as a result is urging the agency to exempt credit unions that make five or fewer mortgages in a calendar year from the Know Before You Owe rule.
How One CU Nearly Doubled Loan Volume 06/29/2015 08:15 pm COLUMBUS, Ohio—How has one credit union nearly doubled its loan volume? It’s been a two-step process.
As Retailers Tighten Defenses, Crooks Go Old School 06/21/2015 04:38 pm MADISON, Wis.—As retailers pay more attention to high-tech fraud and tighten POS security, crooks are going old school, increasing their use of card skimmers on ATMs.