Links in “CUNA”
- CUNA Leadership Talk Advocacy, Reg. Burden, and More
President/CEO Jim Nussle, COO Rich Meade, and CPO Bill Hampel share their thoughts on advocacy, regulatory burden, and more. [3/8/16]
- Compliance: When Your ABC’s Actually Start With SAR
Valerie Y. Moss, CUNA's senior director of compliance analysis, writes briefly about the procedures for initiating and processing a SAR, touching base on some important need-to-know information. [3/7/16]
- Compliance Forums, Resources, Experience, and Insight Shared in a Community Setting
CUNA describes its Compliance Community, a resource for credit unions that have a question that could benefit from multiple views. Compliance experts share their interpretations and experiences with different situations that occur in a credit union's day-to-day operations, offering opinions and answers. [2/29/16]
- Trade Associations Set Record Straight on Debit Interchange Fee Caps
NAFCU, CUNA, and the Independent Community Bankers of America have joined together to dispel the notion that debit interchange caps have benefited consumers. In an American Banker editorial the trade associations wrote that a recent survey of merchants revealed that very few are passing on the savings to their customers. The total amount that retailers have saved as a result of the Durbin amendment is estimated to be $32 million. [2/25/16]
- CFPB Actions Could Drive Consumers to Payday Lenders
Gigi Hyland, Executive Director of the National Credit Union Foundation and former NCUA Board Member, warned a group of attendees at the CUNA GAC that over regulation on the part of the CFPB on overdraft accounts could result in credit unions eliminating overdraft services and driving consumers to payday lenders to meet short falls. On the other hand, Ms. Hyland also warned that many financial institutions, including credit unions, have relied too heavily on overdraft fee income rather than focusing on whatâs best for individual consumers. [2/25/16]c
- Can Congress and the CFPB Protect Both Consumer and Credit Unions?
In an op-ed featured in CUToday, CUNA Chief Advocacy Officer Ryan Donovan presented his opinions regarding certain CFPB rules involving mortgage lending. These adjustments would provide credit unions with the needed relief to service their members in a better capacity and prevent negative choices that currently impose themselves on financial institutions. [2/23/16]
- Regulatory Burden And Its Potential Impact On Credit Unions
Jim Nussle, President & CEO of CUNA, writes about how "yesterday's" regulatory burden predicts "today's" impact. Compiling a study done on 2014's regulatory costs and conveying his concerns in this op-ed article featured in today's, The Hill. [2/22/16]
- CUNA Releases New Resource For Credit Unions Regarding Regulatory Burden And Its Cost
A new website was released by CUNA pertaining to the cost of over-regulation and its impact on the credit union industry. [2/19/16]
- CUNA FUSE Set In Las Vegas
CUNA will be hosting its CUNA FUSE - Branch Operations & Business Development School event in Las Vegas from August 15-18. The goal is to bring operations and business development into one fused entity to facilitate efficiency and growth. [2/17/16]
- CUNA Requests Some Regulatory Changes of the CFPB
The CFPB had several provisions signed into law last December which affect exemptions for Qualified Mortgages (QM) and Higher-Priced Mortgage Loans (HPML). CUNA urges the CFPB to amend some of the requirements within these provisions. [2/16/16]
