Appeals Court Rejects Bank's Challenge To Bank Secrecy Act 03/14/2018 07:47 pm SAN FRANCISCO—A federal appeals court has rejected California Pacific Bank’s challenge to the U.S. Bank Secrecy Act as unconstitutionally vague, saying a government manual clarifying the act is detailed enough to inform banks of required conduct.
CUNA MBD Council Coverage: Drowning in Data, But a Desert of Member Viewpoints 03/12/2018 08:19 pm SAN FRANCISCO–Every credit union marketer is drowning in data–yet they are often in an information desert when it comes to what the member really has to say.
Loans Gone Wild: Student Debt Also Being Used To Pay For Spring Break 03/14/2018 07:36 pm HOBOKEN, N.J.–The enormous debt held by many recent college grads has been well-reported, but the amount owed isn’t all due to education—more than half of student borrowers say they will use the funds to help pay for a Spring Break trip.
How to Make On-Site Events More Effective 03/12/2018 08:59 pm SAN FRANCISCO–Social media and even a new national brand awareness initiative may get much of the attention, but old-fashioned on-site events at companies and in communities remain a less sexy but fundamental membership building strategy for many credit unions. One CU that does more than 900 such events each year, has shared its successful approach to driving growth from the trenches.
Here Are The Trendlines To Be Found In Q4 CU Performance Data 03/14/2018 07:38 pm PROVO, Utah–New data for credit union performance during Q4 of 2017 reveals some trendlines.
Fort Knox FCU Staff Recognized by United Way 03/12/2018 09:03 pm RADCLIFF, Ky.– Fort Knox Federal Credit Union team members were recently recognized by the United Way of Central Kentucky for increasing their total donations by over 100% during 2017.
Georgia, South Carolina CU Agree To Merger 03/14/2018 07:38 pm LAWRENCEVILLE, Ga.–Members ofLakelands Federal Credit Union here have approved a merger with Peach State FCU. The combination, which has been approved by the NCUA, is effective April 1.
New Software Release for CU*Answers’ Analytics Booth 03/12/2018 09:03 pm GRAND RAPIDS, Mich.–A software release has been successfully processed for Analytics Booth, a web-based analytics product offered by CU*Answers, a 100% credit union-owned data processing CUSO.
India’s Government Announces Plans to Regulate Cryptocurrency Exchanges 03/12/2018 09:03 pm NEW DELHI, India—The Indian government plans to regulate cryptocurrency exchanges to keep track of transactions conducted there, a finance ministry official said.
California, Alaska CUs Announce Big Merger 03/12/2018 11:36 pm ANCHORAGE, Alaska/HUNTINGTON BEACH, Calif.–Two large credit unions in California and Alaska, respectively, have announced a plan to merge.
