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A United Front

New CUNA chair knows the value of political advocacy.
February 26, 2013
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New CUNA chair knows the value of political advocacy.
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What’s Your Board’s Oversight Style?

Governance expert describes the continuum of board oversight styles, from rubber-stamping to micromanaging.
November 19, 2012
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‘Do CEOs like rubber stamping boards? A good CEO won’t.’
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Set Reasonable Expectations for Your Board Chairman

Overreliance on your chairman can lead to poor leadership and decisions.
May 8, 2012
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We’re constantly sorted into different roles, and this categorization helps us know our place in the world.
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‘Go Forth and Fight for CUs’

Be the ones Congress can't say no to, May advises.
March 20, 2012
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Even more beautiful than the cherry blossoms gracing the National Mall are the 4,000 credit union faces attending the 2012 GAC, outgoing CUNA Chairman Harriet May told GAC attendees on Monday.
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House Speaker Boehner to Address GAC

He joins many top legislative leaders for the gathering, Feb. 27-March 3 in Washington.
February 10, 2011
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CUNA’s Governmental Affairs Conference (GAC) takes place Feb. 27 – March 3 at the Washington Convention Center in Washington, D.C. Boehner will address the GAC during the March 2 general session.


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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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