Compliance

CFPB: A Cry From The Heart

Establish the new agency’s legality before subjecting CUs to still more regulations.

Handle Medical Information With Care

Exercise caution when requesting information on medical debts.

Consumers Confused About Credit Card Terms

NCUA Posts List of Regs to Review

Comments due to agency by August 3.

CUNA Urges CFPB to Provide Reg Relief

Agency says it will develop recommendations to address regulatory streamlining issues.

Court OKs Up-Front Card Fees

But fees are still limited during the first year following account opening.

Compliance Q&A: Branch Office Closures

Must CUs go through a specific process before permanently closing branch offices?

What’s Happening on the BSA Front?

Highlights from the CUNA-NASCUS Bank Secrecy Act Conference.

Credit Reports: Useful Screen Or Lawsuit Unforeseen?

Watch for increased restrictions on the use of credit reports.

Compliance Burden Grows Heavier

Rapid change and uncertainty complicate strategy development.

Credit Union Magazine

Education Helps CUs Connect With Hispanic Members

CU Boosts Business Lending as Banks Retreat

New Realities Shape Today’s Appraisals

CFPB: A Cry From The Heart

Taking Care of Business Cards

I am Marketing Director for a NC credit union. Would you be willing to share your information on your pay day loans?

Thanks for the good memories about Stasia. She was unusual, that's for sure. But she did have a lot to teach us.

Good that someone is making people aware that economic recovery is intimately linked with the availability of health insurance. Older persons who put off retirement till they get medicare hold on to jobs younger persons need. Younger persons who might wish to start their own businesses are discouraged from that because they can't get affordable health insurance.

Not only is this piece entertaining, it has a message we can all use. The doggy references throughout work well to tie divergent ideas together.

Lora, Great post--and so very true. Too many credit unions are indeed risk averse. But your credit union doesn't try (something new), it will die. Could your credit union take a risk and fail? Absolutely. But you are also taking a risk by doing nothing. Risks your credit union should consider in 2012 are: loans to underserved, reaching a minority group, investing in branding, opening a new branch or launching a new product. All those things are risky. But if you aren't failing every now and then, then you really aren't growing. Mark