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 Tell Members Their Money Is Safe

September 27, 2011
On a Sunday in March 2008, Joe Robertson was worried about his CU’s members as he watched the television news about the failures of several major Wall Street firms and big banks. READ MORE

Reaching Out

September 23, 2011
Serving indigenous people from Alaska’s Inside Passage to Australia's Aboriginal lands helps CUs create a stronger financial cooperative. READ MORE

Andrews FCU Observes 10th Anniversary of Sept. 11

September 15, 2011
CU makes donations to Warrior Transition Units. READ MORE

Dorety Wins Lifetime Achievement Award

September 01, 2011
Suncoast Schools FCU CEO Tom Dorety to receive Wegner award. READ MORE

Fryzel Lauds AACUC, Louisianans for their CU Contributions

August 05, 2011

CUs were made to help people, and most especially in times of hardship, NCUA Board member Micheal Fryzel told two CU groups.

READ MORE

Veridian CU Unveils Storm Loan Program

July 18, 2011

Some Iowa families are displaced from their homes because of flood waters, and many others are left with clean-up from storm-related damage.

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Sri Lankan Women Gain Financial Access

July 01, 2011
In Sri Lanka, a woman and her husband run a welding shop thanks to the financial support of Women’s Development Services Co-operative Society. READ MORE

Student Financial Literacy Programs Prove Effective

June 29, 2011
The best approach to financial literacy involves education, incentives, and automatic enrollment in employer retirement plans, GAO study reports. READ MORE

Help Members Weather the Crisis

June 21, 2011
Economic challenges of the past three years continue to affect CU members. READ MORE

Smith Accepts CU Hero Award

June 20, 2011
CU developed innovative programs to help members through tough times. 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

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Warren Morrow Named 2013 CU Hero of the Year

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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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