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Core Processing
Special Report: Part I

Core Processing: CUs Warm Up to Outsourcing

It’s time to toss out old assumptions about service bureaus.
December 8, 2012
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Dedicated hosting offers a high level of control for CUs.
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GAC Daily News
2012 Governmental Affairs Conference

Cordray: Guide & Support Us

Tell us what you see in the marketplace, CFPB head advises CUs.
March 20, 2012
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"We want all financial institutions—all of your competitors—to be held to the same kind of accountability that credit unions face every day."
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Five Suggestions for the New CFPB

Like all things in Washington these days, the CFPB’s future is murky.
March 22, 2011
James Collins
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The jury’s still out on what the CFPB will tackle first.
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10 Ways the Consumer Financial Protection Bureau Will Affect CUs

The CFPB has a sweeping mandate and raises many questions.
March 1, 2011
Kathy Thompson
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The CFPB has a sweeping mandate and raises many questions.
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Compliance Matters

What will the new Consumer Financial Protection Bureau mean for CUs?
September 1, 2010
CUNA Compliance Staff
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The new Consumer Financial Protection Bureau, insurance limits, SAFE Act update, and more.
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May Cover

Credit Union Magazine

• May digital edition

May 2013

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What's Popular

Popular Stories

Finovate Highlights Industry's Best and Brightest

Look into the Future of Finance

Scenes from FinovateSpring 2013

Scenes from the 19th Annual CUNA CFO Council Conference

Gladwell: CUs are David to Banks’ Goliath

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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