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Stivers: 'We need to hold government agencies accountable'

March 02, 2011
Jobs and interchange top the legislator's agenda. READ MORE

Perlmutter: ‘Your Words will carry a lot of weight’

March 02, 2011
The Durbin debit interchange amendment added by the Senate was handled was “unreasonable, unworkable, and unfair.” READ MORE

Cheney envisions big voice, message on Capitol Hill

March 01, 2011
CUs need to change the conversation when they meet with their legislators. READ MORE

Tax status tops legislative list

March 01, 2011
The credit union tax status might cost consumers about $600 million a year, but it saves consumers $10 billion a year in financial benefits. READ MORE

Cheney’s interchange message: 'Stop this'

March 01, 2011
Cheney cited several of CUNA's successes—and noted a couple of areas "where we fell short." READ MORE

CUs ‘put the pedal to the metal’ to support kids

March 01, 2011
CUs for Kids raised more than $8.7 million for Children's Miracle Network hospitals last year. READ MORE

Matz praises CUs’ resilience

March 01, 2011
NCUA officials discuss the state of the industry. READ MORE

‘We’re going in the Hudson’

March 01, 2011
The first 100 seconds of U.S. Airways Flight 1549 were business as usual for pilot Chesley B. “Sully” Sullenberger. The next 100 seconds would change his life forever. READ MORE

Let the election ‘games’ begin

February 28, 2011
Can President Obama engineer a midcourse correction after the losses in November? What do the Republicans have to do to step back in to the Oval Office. READ MORE

Goldstein: CUs serve underserved

February 28, 2011
When it comes to serving the nine million households that are unbanked and the 21 million households that are underbanked, CUs offer a lot of value to their communities. READ MORE
May Cover

Credit Union Magazine

• May digital edition

May 2013

heroes

What's Popular

Popular Stories

Look into the Future of Finance

'Tolerate Failure'

Finovate Highlights Industry's Best and Brightest

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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