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Articles Tagged with 'cooperatives'

ICU Day 2012: Members Matter Most

October 01, 2012
The message is simple and direct, and embraces the key concept behind credit unions: “Members Matter Most.” READ MORE

Can the Movement Reach for a Common Vision?

October 01, 2012
People are turning to CUs for value, great service, and a sense of community—and CUs continue to deliver. READ MORE

Policy Makers Worldwide See the Value of Cooperatives

October 01, 2012
What CUs do has changed considerably over the years—but why CUs do what they do remains unchanged. READ MORE

Scenes from the Community CU & Growth Conference

November 02, 2012
CUs may behave like cooperatives, but they should brag more about being cooperatives. READ MORE

Five Insights from the Filene Research Institute

March 21, 2013
Did you know the average American household has the same house for only seven years? READ MORE
May Cover

Credit Union Magazine

• May digital edition

May 2013

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Finovate Highlights Industry's Best and Brightest

Look into the Future of Finance

Jump-Start Your Loan Portfolio: Nine Steps

The Bottom Line About Branding

Are You Selling Products—Or Helping Members Achieve Their Goals?

Recent Discussion

In remembering Warren, the first thing I think of was his smile. He was a gentle, caring man who always thought of others first. I was honored to be a part of the MiOpportinidad project with Affinity Credit Union, Warren and Miriam. His hard work and dedication to that project was inspirational. Warren so deserves this award.

The author really understands the credit union philosophy and I really enjoyed the analogy of his bathroom remodel. The only thing missing was pictures of the finished bathroom! :)

Thank you Phillip for showing the differences between a Big Bank that is only looking to sell you products and a Credit Union that actually looks out for its members needs. Great article!

I love and give a standing ovation to Ron Kase and to other caring people just as much as those who passed away on 2012 like Warren Morrow at Des Moines Iowa. He worked hard for those who are under-served an under-represented, but wasn't mentioned in your magazine. It may be beneficial for the entire world to know about his accomplishments no for his benefit, obviously, but to increase the number of positive and caring people and to add members the CU. Just ask Coopera Consulting at Des Moines Iowa about Warren Morrow's legacy.

That’s right Lisa. The servicing rule would not require a credit union to create its own policies and procedures if all aspects of the servicing are delegated to a sub-servicer. However, remember that the credit union will have to conduct due diligence on the sub-servicer to make sure it is following the minimum requirements for policies and procedures. Unfortunately, even those credit unions that use a third party servicer will need to have a working knowledge of the CFPB’s servicing rule.

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