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Council Corner

Exploring a Payments Strategy

Payments will continue to evolve for CUs.
April 8, 2013
Rudy Pereira
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The days of relying on a steady income stream from debit card interchange fees are fading.
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Best of the Best

These award-winning CUs are taking service and innovation to the next level.
September 1, 2012
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This is our first annual compilation of award-winning credit unions.
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CUs Help Build Better Lives in Rural Ethiopia

A World Council of Credit Unions program is helping Ethiopia’s farmers.
July 1, 2012
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The future of this African country is looking brighter thanks to help from the credit union movement.
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CUNA Technology Council Honors Best Practice Award Winners

Award recognizes outstanding approaches to technology challenges.
October 17, 2011
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Affinity Plus FCU, Pen Air FCU, and Pioneer West Virginia FCU lauded for innovative efforts.
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‘Top-Level Thinking, Bottom-Line Success’

CUNA conference helps CFOs ‘build a better bean to count.’
June 14, 2011
Brandon Michaels
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CUNA CFO Council conference addresses everything from interchange to innovation to investments.
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Kloiber, Smith Named to Fed Council

February 16, 2011
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Two credit union executives were among 12 people named to the Federal Reserve Board's Community Depository Institutions Advisory Council for 2011.
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UW CU Exec Named to Fed Council

January 10, 2011
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Mike Long, executive vice president/chief credit officer for UW Credit Union, Madison, Wis., was named to the Federal Reserve Board’s Consumer Advisory Council.


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Member Advisory Councils

CUs get valuable feedback from these groups to improve member service.
October 26, 2010
Dianne Molvig
No Comments
Councils act as sounding boards and referral networks to hone new product offerings and find new members and directors.
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Fed Forms Community Depository Institutions Advisory Council

Members will be selected from representatives of credit unions, banks, and thrifts.
October 1, 2010
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The CDIAC will replace the Thrift Institutions Advisory Council, which has provided the board with useful information from the perspective of thrift institutions and credit unions since 1981.
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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

The ABCs of APT

Identify & Monitor Indirect Auto Lending Risks

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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