Credit unions in Michigan will have to handle individual retirement account calculations differently when two state laws go into effect on Oct. 1.
The greater the challenge the more fun Bill Clancy, vice president of retail strategy at Lake Michigan Credit Union, has trying to figure out a solution.
MCUL says 46% of state's 309 credit unions now in the member business lending business.
CUNA plans to continue with party Monday night and reception with GTE Financial on Wednesday night.
League says 1,331 accounts representing member savings of $1.1 million have been opened.
Move comes after months of proactive advocacy by the Michigan Credit Union League on behalf of the state’s credit unions and CUSOs.
NCUA Board Member Michael Fryzel addressed audience of about 600 at Michigan Credit Union League conference on Friday.
Michigan Credit Union League faces second gender discrimination lawsuit in two years.
In a new attempt to pump up member business lending, the Michigan Credit Union League disclosed last week that one of its processing affiliates has purchased a 10% interest in Michigan Business Connections, an Ann Arbor-based CUSO.
CUCorp and Michigan Business Connections to work together to push member business lending at state's credit unions.