THE 'tude

There’s an old expression that goes, “I went to a fight and a hockey game broke out.”

The rallying cry of “Break up the big banks!” has been heard in presidential campaigns, the halls of Congress, and in some Federal Reserve Bank leadership offices.

Here’s what you missed if you weren’t at last week’s NACUSO Annual Conference in Las Vegas, ranging from the new big concern to the big idea to the big expense to a big surprise when you volunteer someone to go do something in your place (plus more).

As an efficiency-minded organization, Catalyst Corporate gives a lot of consideration to the notion of core competencies – areas of strength housing hard-won knowledge and expertise that position us as an industry-leading provider in those categories.

The Consumer Financial Protection Bureau (CFPB) recently outlined its intent to make financial institutions the preferred providers of short-term, small dollar loans to U.S. consumers over payday lenders, as the majority of small-dollar loan products offered today often exceed 400% APR and are therefore a large contributor to the debt spiral impacting the 25-million middle class Americans.

In spring or summer of 2016, the Consumer Financial Protection Bureau (CFPB) will publish an official notice of proposed rule-making to establish federal regulations for payday and similar loans for the first time since these products emerged in the early 1990s

Mergers approvals are off to a slow start this year. 

The NCUA board’s decision to finalize changes to the member business lending (MBL) rules on Feb. has gained significant, industry-wide attention.

There is a good chance you have probably seen or heard something about the Zika virus: the Centers for Disease Control and Prevention has reported travel-associated cases of the Zika virus in more than 20 U.S. states.

For credit unions, the good news when it comes to transitioning their ATMs to chip card readers is that this fall’s changeover deadline is still a long way off.