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Study Reveals Strong Demand for Real-Time Payments

Most consumers want payment services from their primary financial institutions.
April 23, 2013
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Payment services are especially popular among members of Generation Y.
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Money Mission Pursues Collaboration with Milwaukee Schools

Online gaming platform a catalyst for partnerships between CUs and community partners.
April 1, 2013
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Landmark CU CEO Don Cohen wants all Milwaukee Public Schools high-school seniors to receive a Money Mission Certificate of Achievement at graduation.
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GAC 2013

Chatzky Writes the Book on Personal Finance

Financial editor takes a no-nonsense approach to living well and living within your means.
February 13, 2013
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See how simple, straightforward financial advice applies to your CU, members, and community.
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Three Features That Will Change Mobile Money

Mobile data promises much deeper member relationships for CUs that invest well.
November 5, 2012
Ben Rogers
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Location awareness, augmented reality, and mobile payments will tie mobile members to their CUs.
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Winner-Take-All Politics
Book Reviews

'Winner-Take-All Politics'

April 23, 2012
Mark Condon
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Special interests and their influence benefit the few at a cost to the common good.
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Book Review

'Winner-Take-All Politics'

The mix of money and politics has reached new heights.
November 17, 2011
Mark Condon
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Special interests and their influence benefit the few at a cost to the common good.
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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

Gladwell: CUs are David to Banks’ Goliath

Survey Says: Americans Lack Credit Score Knowledge

Warren Morrow Named 2013 CU Hero of the Year

Finovate Unveils Best of Show Winners

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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