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Articles Tagged with 'financial'

CUs Snowed Under by Compliance Burden

September 01, 2012
The pace of regulatory change in the credit union movement today is unprecedented. READ MORE

Stretch the Boundaries

September 01, 2012
Tarrant County Credit Union CEO Lily Newfarmer is a Credit Union Hero. READ MORE

Tech Trends

September 01, 2012
Make sure your CU employs technology effectively to meet member needs and remain viable. READ MORE

‘Exposure is Everything’ for Financial Success

August 29, 2012
The McNeill family of Miami is a living example of financial literacy leading to financial empowerment. READ MORE

What Tech Innovations Lie Ahead?

September 06, 2012
Look before leaping onto the latest technology bandwagon. READ MORE

Cloud Integration Creates Common Platforms

September 07, 2012
In addition, business process outsourcing will help CUs maximize efficiencies and reduce costs. READ MORE

Will Mobile Demolish the Branch?

September 26, 2012
Members’ use of your mobile-service channels will continue to grow—perhaps dramatically—in the next few years. READ MORE

Mobile Demographics Hold Promise

October 24, 2012
Cell phone use is high among minorities, younger generations, and those with low income levels. READ MORE

CUs Talk Tech Priorities for 2013

November 19, 2012
“Mobile” is a key theme in the conversation, along with meeting member needs. READ MORE

 We Must Take a Broader View of Collaboration

October 01, 2012
Can you imagine a court ordering someone to pay $5,000 in interest on a $150 loan? READ MORE
May Cover

Credit Union Magazine

• May digital edition

May 2013

heroes

What's Popular

Popular Stories

Scenes from the 19th Annual CUNA CFO Council Conference

Survey Says: Americans Lack Credit Score Knowledge

Warren Morrow Named 2013 CU Hero of the Year

The ABCs of APT

Identify & Monitor Indirect Auto Lending Risks

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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