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By Heather Anderson |
May 15, 2013
The Consumer Financial Protection Bureau has issued a proposed rule and request for comment regarding a temporary delay in the June 1 effective date of a final rule provision that would prohibit the financing of credit insurance into a mortgage.
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By Heather Anderson |
May 9, 2013
Provision was to take effect on June 1. CUNA has asked for extension until January.
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By Heather Anderson |
April 22, 2013
New rules to prohibit charges related to single-premium credit insurance now banned by Dodd-Frank.
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By Natasha Chilingerian |
October 31, 2012
Crafting a noninterest income strategy is an excellent way for credit unions to boost their revenue, but turning members off by unwanted fees in the process can defeat the whole purpose. That’s the premise of a new report from Filene Research Institute in Madison, Wis. titled, “In Search of Member-Friendly...
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By Natasha Chilingerian |
October 22, 2012
Think firm cites importance of checking fees, GAP income but says don't lose focus on being member friendly.
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By Staff Writer |
September 17, 2012
Atlantic Financial Federal Credit Union now offers membership to employees of Transamerica Life & Protection. As a select employee group, Transamerica will offer AFFCU membership as part of its benefits package.
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By Marc Rapport |
September 10, 2012
American Financial FCU's Inner Harbor branch is within walking distance to Transamerica employees in downtown Baltimore.
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By Heather Anderson |
August 5, 2012
NASHVILLE, Tenn. — Two educational breakout sessions at NAFCU’s annual conference provided ideas to produce fee income that also increase membership value.
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By Michelle A. Samaad |
May 14, 2012
The Co-operators Life Insurance Co., which bought CUMIS Group Ltd. in 2009, plans to acquire another Canadian credit union insurance subsidiary.
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By Natasha Chilingerian |
November 20, 2011
While credit insurance and debt protection have been long-time staples for credit unions as part of their loan add-on product suites, some experts noticed that they are becoming more of a priority as the industry continues to seek new noninterest income streams.