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ACUC 2012 Monday

Scenes from the ACUC on Monday, June 18 in San Diego, Calif.
Scenes from the ACUC.

ACUC 2012 Sunday

Scenes from the ACUC on Sunday, June 17 in San Diego, Calif.

Small Business Owners Hike the Hill

Small business owners meet with their representatives to promote CUs' expanded MBL authority.
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GAC 2012 Hill Visits

GAC 2012

Scenes from the 2012 Governmental Affairs Conference
Worldwide

Busia Compassionate Centre

Exhibit Hall

The 1 CU Conference: Exhibit Hall

Exhibit Hall
Rudy Pereira

The 1 CU Conference: Breakout Sessions

Breakout sessions at The 1 CU Conference
Latin America network

Global Women's Leadership Network

Global Women's Leadership Network
Homes for Our Troops

Homes for Our Troops

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

Identify & Monitor Indirect Auto Lending Risks

Help Us Celebrate the CU Movement's Rock Stars

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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