Expect the CFPB to scrutinize overdrafts, payday lending, prepaid cards, auto loans and mortgage lending.
The Supreme Court TILA disclosure ruling will not affect credit unions that already follow TILA best practices.
Read about the growth of mobile P2P and other trends in this week's focus report.
Only the adoption of online banking comes close to the market share mobile applications are currently capturing.
Apple has laid the foundation for extracting value from the infrastructure of financial institutions.
Millennials and those with higher incomes lead the way with mobile payment usage.
Learn the latest about mobile P2P and how credit unions can stay ahead of the technology curve.
Winning a legal battle against the NCUA is a long shot. So why waste industry resources on legal opinions?
The 2014 Edelman Trust Barometer, a survey conducted of 33,000 respondents in 27 markets around the world, measured trust in institutions, industries and leaders.
The financial crisis may seem like a thing of the past nowadays, but in the words of a philosopher, “those who do not remember the past are condemned to repeat it.”
Let's not forget the growing importance of online banking and bill pay. (CU Times Jan. 14 article, “PSCU's Kelly Sees Promise in ‘Uberfication’ of Payments”).
If a CEO is waiting until his or her retirement to recommend merging their league with another league, then that CEO is self-serving and not putting their member credit unions first. (CU Times Jan. 14 article “Leagues Open to Mergers”)
The NCUA Board approved a revised risk-based capital rule at the agency's Jan. 15 board meeting, which reduced the number of credit unions subject to the new capital requirements and lowered the well-capitalized standard by 0.5%.
Former credit union marketer Dan Emery crosses the country on a scooter researching community-based hunger solutions.
CU Times' latest Trailblazer 40 Below left commercial banking to find passion in credit unions.
The Kansas Credit Union Association is launching a new leadership program in February to prepare up-and-coming credit union professionals for senior executive positions.
Claudia A. Rawes, manager/CEO of the $12 million Centra Health Credit Union, and two other employees were placed on administrative leave following a state and federal examination, according to a prepared statement on the credit union's website.
The Federal Housing Administration will reduce its annual mortgage insurance premium from 1.35% to 0.85%, the White House announced Jan. 7.
Mike Berenstain, heir to the iconic Berenstain Bears franchise, was set to launch his new book The Berenstain Bears Visit the Credit Union at Grace Park Elementary School in Swarthmore, Pa., Jan. 22.
Pentagon Federal Credit Union celebrated the New Year by adding $963 million in growth, bringing total assets for the Alexandria, Va.-based institution to $17.8 billion.
The $3.7 billion DFCU Financial announced a payment of $24 million to 100,000 of its members.
In his prepared remarks for the NCUA's January 15 board meeting, Vice Chairman Rick Metsger said the agency should have the capability to live stream meetings in a couple of months.