WASHINGTON—With the CU tax exemption having survived the House tax bill as it cleared the Ways & Means Committee last week, all eyes now are on the Senate Finance Committee, which began a multi-day markup of its tax package Monday.
Fresh Today
NASHVILLE–The results of a newly released survey reveal some trends in credit union lending.
NASHVILLE–Quit wasting time trying to sell a checking account to members who come to the CU through an indirect loan.
NASHVILLE–Shotgunning out mass marketing to credit union members is more than just inefficient, it misses the opportunity to effectively generate new business, according to one person who shared some advice for improving response rates to credit union promotions.
NEW YORK—Troubled taxi medallion loans caused a decline in asset quality at Progressive Credit Union during the third quarter of 2017, one analyst is reporting.
ALEXANDRIA, Va.—NCUA has released its agenda for this Thursday’s open board meeting and atop the list is voting on the agency's 2018 and 2019 budgets.
WASHINGTON—As frivolous lawsuits filed under the Americans with Disabilities Act (ADA) continue to mount, NAFCU President and CEO Dan Berger is urging the Department of Justice (DOJ) to move forward with proposed rulemaking to clarify the act's standards and protect credit unions from undue burdens.
WASHINGTON—A bipartisan group of Senate Banking Committee members has released a bill that includes credit union regulatory relief.
WASHINGTON—NAFCU has asked the NCUA to adopt a "good faith efforts" examination policy, similar to the CFPB, regarding compliance with the Home Mortgage Disclosure Act (HMDA) given the significant challenges the rule has created for credit unions.
WASHINGTON—Credit unions now have less than six months to come into compliance with the Financial Crimes Enforcement Network's (FinCEN) Customer Due Diligence (CDD) rule, effective May 11, 2018, reminded CUNA.