WASHINGTON—A bill establishing national data breach notification requirements for all financial entities – including the credit bureaus – is slated for review today by the House Financial Services Committee, which will also mark up two other key bills.
AUSTIN, Texas—For a credit union to be successful and overcome challenges–such as having the mortgage department all resign on one day–one CEO says it first must find its “true north.”
AUSTIN, Texas–When are your members most likely to be shopping for a home loan? Between 9-5 when your branches are open, or between 9 and midnight, when it’s easiest to shop mortgages using an app?
AUSTIN, Texas–Just because a credit union’s original common bond no longer exists, doesn’t mean a CU no longer has one, according to one CU that has rekindled that bond by saying “Thank USE.”
MADISON, Wis./ST. PETERSBURG, Fla.–CUNA Mutual and PSCU said they are joining to “explore opportunities surrounding the expanded use of data and analytics.”
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has made permanent its limited exemption to covered financial institutions from obligations under its customer due diligence (CDD) rule.
ARLINGTON, Va.—Total consumer credit growth regained some momentum in July, rising 5.1%. NAFCU Chief Economist and Vice President of Research Curt Long said both consumer credit segments contributed to the growth.
WASHINGTON—Five federal regulators – including the NCUA and Bureau of Consumer Financial Protection – have issued a joint statement explaining the role of supervisory guidance and the regulators' approach to such guidance.
WASHINGTON—The newly reconstituted Credit Union Advisory Council (CUAC) will hold a public meeting Thursday, Sept. 27, to discuss issues related to fintech. The meeting is scheduled to run from 9:30 a.m.–4 p.m.
MADISON, Wis.—CUES said it and Heidrick Consulting, the leadership and culture shaping advisory business of Heidrick & Struggles, have released a new whitepaper: Accelerating Credit Union Performance: Drive and Drag Factors that Determine Credit Unions' Ability to Consistently and Profitably Deliver Value.
