Links in “Credit Unions”
- Sen. Heller Requests Coordination For Cybersecurity Exams
Sen. Dean Heller requested that the FSOC and the FFIEC coordinate their efforts for a more consistent examination approach. When firms have to constantly adjust and educate regulators to adhere to new sets of regulatory requirements regarding cybersecurity, this diverts critical resources and ultimately distracts from actually fighting cybercrimes. [3/8/16]
- Obama, CFPB, And NCUA On Capitol Hill
President Barack Obama met with financial regulators offering compliments, concerns, and strategies for future improvements. [3/8/16]
- 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]
- MyCreditUnion.gov Helps Consumers Stay a Step Ahead
At this year's National Consumer Protection Week, NCUA Board Chairman Debbie Matz urged credit unions to share the agency's online consumer resources with members. "Knowledge is power, and financial education is the first line of defense a consumer has against a fraudster," Matz said. [3/8/16]
- All For One, One For All
Michael J. McKenna, NCUA's general counsel, outlined the conditions that a multiple-group credit union has to meet when it expresses an interest in merging with another multiple-group credit union so both facilities may keep their local identities and roles in local decision-making. [3/7/16]
- 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]
- Brain Food for Thought
The brain is a complex organ. It performs a multitude of tasks for people 24/7, 365 days of the year. But like any other part of the human body it can, and will, experience exhaustion, resulting in a lack of creativity, lower production, and poorer time management. What are some things a fellow team member or management could do to help revitalize a person needing a pick-me-up? [3/7/16]
- The Small Financial Institution’s Secret Weapon
As the amount of financial institutions declines, many smaller institutions speculate about the uncertainty of their own futures. The downtrend has certainly been widely reported over the past few weeks, months and even years, even in the general press, which tends to run stark images of an endangered field. [3/1/16]
- It’s Almost Spring! Does Your Homepage Need Some Sprucing Up?
A digital marketing company, CUGROW, offers live user testing for homepages or client credit unions, allowing for an unbiased review of their own web-based and mobile formatted services offered to members. [3/1/16]
- TAILOR-ing a Way to a Better Regulatory Future
The Taking Account of Institutions with Low Operation Risk (TAILOR) Act could provide low-risk credit unions the regulatory relief imposed by current regulations, which are geared towards banks that are "too big to fail." [3/1/16]
