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Community Service

 CU Donations Feed Thousands

February 01, 2012
Insights from Noelle Fischer-Herbert, vice president, corporate development, Pacific Service CU, Walnut Creek, Calif. READ MORE

Polish CUs Succeed Through Collaboration

January 01, 2012
Poland now has one of the world’s fastest-growing and most successful CU systems. READ MORE

‘Look at the Big Picture’

December 04, 2011
Tom Dorety, president/CEO at Suncoast Schools Federal Credit Union, Tampa, Fla., stands by his principles. READ MORE

‘Focus on Members’

November 20, 2011
William Eckhardt, president/CEO of Alaska USA FCU, is one of two winners of the 2012 Herb Wegner Memorial Award for Lifetime Achievement. READ MORE

Students Experience Real-World Personal Finance

November 06, 2011
During a Mad City Money simulation, students took on the roles of adults—with jobs, incomes, families, and expenses. READ MORE

 WOCCU 101: Our Passion Is the Member

October 24, 2011
This year, as we celebrate 40 years of WOCCU, what are the lessons we have learned? READ MORE

Cheney Shares ICU Day Message

October 22, 2011
CU philosophy is something that makes us unique in this country, but is part of something larger worldwide, Cheney says. READ MORE

Many Members, One Mission

October 21, 2011
They come in many sizes and levels of sophistication, and they operate under different names. But credit unions around the world have one thing in common—they put members first. READ MORE

Twelve Ways to Observe the International Year of Co-ops

October 20, 2011
The United Nations’ 2012 International Year of Cooperatives is only days away. The year-long observance promises a wealth of opportunities for CUs. READ MORE

‘Look at the Big Picture’

October 01, 2011
Tom Dorety, president/CEO at Suncoast Schools Federal Credit Union, Tampa, Fla., stands by his principles. 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

Identify & Monitor Indirect Auto Lending Risks

Help Us Celebrate the CU Movement's Rock Stars

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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