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Articles Tagged with 'credit'

Fraud Liability Adds Urgency to Card Technology Changes

November 16, 2012
CUNA Mutual Group’s Ann Davidson has been preaching the need to migrate to chip technology for more than a year. READ MORE

Compliance Management Programs

November 19, 2012
The CFPB has taken the Federal Reserve and Basel guidance and integrated it into its examination procedures READ MORE

‘If You’re Not at the Table You’re on the Menu’

October 26, 2012
CUs face “crisis of creeping complexity” in regulations. READ MORE

Community CU Award Winners Embody Ideals of the Movement

October 29, 2012
Taking top honors were First Community CU, 1st MidAmerica CU, Gulf Coast Community FCU, and Dakotaland FCU, Huron, S.D. READ MORE

Ohio CUs Host ‘Cash Mobs’ to Support Small Business

November 10, 2012
The spotlight is on Jaime Crooks, marketing director, Ohio HealthCare FCU, Dublin. READ MORE

What Political Parties Can Learn From CUs

October 31, 2012
Nation’s demographic shift will reshape U.S. politics—and financial services—far beyond the 2012 election cycle. READ MORE

2012 CUNA ELLy Training Award Winners Announced

November 01, 2012
CUNA recognizes 12 CUs for outstanding training programs and professionals. 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

‘Give Your Best Asset a Voice’ with Social Media

November 09, 2012
'People do business with people they like—and they recommend businesses they love.' READ MORE

CUs Missing Out on Student Loan Opportunity

November 12, 2012
Why do less than 0.5% of CUs offer private student loans? READ MORE
May Cover

Credit Union Magazine

• May digital edition

May 2013

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Look into the Future of Finance

Finovate Highlights Industry's Best and Brightest

Jump-Start Your Loan Portfolio: Nine Steps

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

Scenes from FinovateSpring 2013

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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