Federal Reserve Board

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  Third-Party Vendor Issues and Checklist

  By E. Andrew Keeney  |  April 30, 2013

  In this Opinion piece, credit union attorney Andy Keeney provides a pointed look at potential pitfalls in third-party vendor management.

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  Fed Will Begin Circulating New $100 Bill in October

  By Heather Anderson  |  April 24, 2013

  New anti-counterfeiting measures built into new C-note.

• Banks Close Credit Union Correspondent Accounts

  By Heather Anderson  |  April 24, 2013

  As many as 30 credit unions in West Virginia and Ohio have been scrambling to establish new correspondent vendors after a regional and national bank terminated their accounts over the past few weeks.

• Banks Cite BSA, Money Laundering Risk in Closing Credit Union Correspondent Accounts

  By Heather Anderson  |  April 16, 2013

  Huntington, JPMorgan Chase closed accounts at up to 30 West Virginia, Ohio credit unions, their corporates say.

• CUEG in Confab With St. Louis Fed

  By Marc Rapport  |  April 10, 2013

  Credit Union Economics Group meets with Federal Reserve officials for 11th year.

• Danek CDIAC Is Fed ‘At Its Best’

  April 10, 2013

  At a time when it’s not fashionable to praise Washington, Ed Danek thinks he’s seen government at its best.

• CFPB Eyes Discrimination

  By Michelle A. Samaad  |  April 3, 2013

  It didn’t take long to hear the buzz when the Consumer Financial Protection Bureau reminded indirect lenders that they must comply with certain regulations to ensure that they are not discriminating against minorities when marking up interest rates.

• Auto Trade Groups Question CFPB’s Indirect Lending Guidance

  By Michelle A. Samaad  |  March 22, 2013

  NADA, NAMAD say bureau is relying on statistical analysis of past transactions, not intentional conduct.

• Post-Sequester, Banks and CUs Poised to Aid Federal Workers

  By Michelle A. Samaad  |  March 20, 2013

  As the sequestration budget cuts enter their third week, it still remains to be seen how wide of an impact they will have on federal employees, their spending habits and whether they’ll put off taking on any new debt.

• Two New Yorkers to Hall

  March 8, 2013

  Two New York credit union professionals were recently named to the Credit Union House Hall of Leaders in recognition of their commitment and service to the credit union movement.