In Response To Uber, Lyft, CUNA Mutual Enhances Collateral Protection 10/14/2015 08:35 pm MADISON, Wis.–CUNA Mutual Group is enhancing its Collateral Protection solutions for credit unions to address emerging risks to their loan portfolios related to the growing popularity of Transportation Network Companies (TNCs) such as Uber and Lyft.
National CU Foundation Seeks To Raise $35,000 To Mark Its 35th Anniversary 10/07/2015 08:45 pm MADISON, Wis.– The National Credit Union Foundation has turned 35.
Matz: Aging Membership Challenges Future Of Many CUs 10/07/2015 08:45 pm ALEXANDRIA, Va.—Credit unions face many challenges ahead, and board members need to ask their managers tough questions to make sure they are ready to face those challenges—so the CU survives—NCUA Board Chairman Debbie Matz said Tuesday.
What’s Happening On International CU Day; CO-OP Video Being Featured In Series 10/14/2015 08:36 pm MADISON, Wis.–Credit unions around the world are celebrating International Credit Union Day today.
NCUA Board To Vote On Revised RBC Plan This Morning 10/14/2015 08:37 pm WASHINGTON–The NCUA board is scheduled to vote this morning on the agency’s revised risk-based capital proposal.
Supreme Court Case Examines Question Of Spouses And Guarantors of Loans 10/07/2015 08:46 pm WASHINGTON–The Supreme Court this week will hear arguments in the case of Hawkins vs. Community Bank of Raymore, a financial services case that addresses whether spouses can be included as guarantors on loans under the Equal Credit Opportunity Act.
Home Prices Still Climbing, But Forecast Calls For Slowdown 10/07/2015 08:46 pm IRVINE, Calif.—It’s no surprise to credit unions that are mortgage lenders, but home prices continue their upward path—and will continue to do so but not at the same pace, according to one forecast.
No PIN? No Fraud Resolution, Retailers Tell Congress 10/07/2015 08:47 pm WASHINGTON–The EMV liability shift deadline may have come and gone as of Oct. 1, but the National Retail Federation told Congress that the new chip-and-signature credit cards without a PIN will not stop data breaches and that small businesses should not be pressured to install the equipment to accept them at the expense of more effective technology.
…As NAFCU Expresses Worries Over ‘Unintentional Burdens’ 10/07/2015 08:48 pm ARLINGTON, Va.–NAFCU said it is supportive of the CFPB’s intent regarding its outline of potential rulemaking ideas on arbitration clauses, but it is concerned any new proposals will become yet another regulatory burden on credit unions.
CFPB Mulling Rules Over Arbitration Clauses… 10/07/2015 08:48 pm WASHINGTON—The CFPB announced it is considering proposing rules that would ban consumer financial companies from using “free pass” arbitration clauses to block consumers from suing in groups to obtain relief.
