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Warren Morrow Named 2013 CU Hero of the Year

May 21, 2013
‘Warren had a powerful vision that outreach to the underserved Hispanic community should not be philanthropy.’ READ MORE

CUNA to Host Free Tax Advocacy Webinar Wednesday

May 20, 2013
Campaign is being launched at a time when Congress has made broad-based tax reform a major priority. READ MORE

CUNA, Leagues Mobilizing 96 Million Members to Preserve CU Tax Status

May 19, 2013
‘Policy is being formulated on Capitol Hill now, so we must act now.’ READ MORE

Lessons in Crisis Management from Sept. 11

May 15, 2013
A first-person account of how the nation's highest-ranking officials handled the deadliest terrorist attack on American soil. READ MORE

Life Among Men and Not Among Angels

May 13, 2013
Taxation is our line in the sand. READ MORE

Future Growth Strategy: Collaborate with Competitors

May 06, 2013
‘Future growth will come from crossing boundaries.’ READ MORE

Leverage Disruptive Technologies—or be Leveled by Them

April 10, 2013
‘Think outside the old banking box,’ economist urges CUs. READ MORE

Vote for a CU Hero

April 07, 2013
This year’s winner, or his/her representative, will be honored at CUNA’s America’s CU Conference in New York City, June 30 to July 3. Vote now. READ MORE

CUNA: Banks’ Attack On CU Bill Misfires

March 12, 2013
Supplemental capital bill for CUs is very balanced. READ MORE

Over-the-Top Perks

March 04, 2013
Some employers have taken employee perks to a whole new level. READ MORE
May Cover

Credit Union Magazine

• May digital edition

May 2013

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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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