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GAC Dailly News

Expect Continued Legislative Gridlock

Conventional wisdom suggests Congress will attempt comprehensive tax reform after the 2012 election.
March 19, 2012
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Little legislative progress took place in 2011—and in 2012, the gridlock could be even worse.
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Special Report: America's CU Conference

Health-Care Reform Landscape Taking Shape

CUs must determine their employee benefits philosophy, CUNA Mutual Group’s Pricer tells ACUC audience.
July 1, 2011
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‘Play or pay’ penalties will likely have the most influence on whether or not CUs offer health-care benefits to employees.
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CUNA Analyzes Mid-Term Election Results

CUs had a strong night despite the loss of some Democratic friends.
November 3, 2010
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CUNA/League support extended to 358 House candidates and 31 Senate candidates, leading to victories of pro-credit union candidates in 82% of available seats in Congress.
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Health-Care Reform and CUs

How will the sweeping reform of health care affect CUs for the next 18 months?
August 9, 2010
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The Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010 together comprise the new health-care reform law.
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May Cover

Credit Union Magazine

• May digital edition

May 2013

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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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