Links in “Credit Unions”
- Two Years Later: Are Retailers the Winners and Consumers the Losers Under Debit Card Interchange Rule?
Conflicting data suggests that consumers have seen $5.7 billion in savings due to lower interchange fees, while other reports show that retailers have earned $8 billion through the lower fees and have not passed on these savings to consumers; NAFCU refutes the studies that show that consumer have been the winners. [10/2]
- When Should Banks Consider Cloud-based Solutions?
How are clouds categorized, and when do cloud deployments make sense for financial institutions? [10/2]
- Cyber Security: No Longer a Threat to Be Taken Lightly
Cyber security is deemed an essential function during the government shutdown, a reminder that CUs should likewise see cyber security as essential. Here are some resources. [10/2]
- Outlook of Impact of Shutdown on Housing Market
Income verification issues, rattled confidence, but much depends on how long this thing lasts. [10/2]
- Calculating Rescission: Does Saturday Count?
Questionner asks if Saturday is a legal business day when issuing disclosures and calculating 3-day right of rescission. Here's the reply. [10/2]
- BYOD: Data Most Vulnerable When on Mobile Devices
Tips for avoiding common pitfalls of bring-your-own-device strategies. [10/1]
- Is CFPB’s Assault on Payday Lenders a Sign of What Is Coming Banks’ Way?
The attacks on payday lenders may be the canary in a coal mine for financial institutions. [10/1]
- At NCUA, Itâs Business as Usual
The federal government shutdown will not affect NCUA. As a self-funded agency, NCUA does not rely on appropriations from Congress to fund its operations. The agency is urging credit union with members affected by the shutdown to look for ways to assist members with their financial needs. [10/1]
- Is Self-Insurance the Right Path for Your Credit Union?
Tropical Federal Credit Union in Pembroke, Florida, has been directly paying its employees medical expenses for over 20 years. According to its CFO, there are significant rewards, as well as potentially significant risks that may come with this business decision. [10/1]
- Top Three Credit Union Priorities
New York credit union leaders responding to recent survey identified their top three priorities for the next three years as: 1) Attracting the youth market; 2) Expanding field of membership; and 3) Collaborative relationships with other credit unions and cooperatives. [9/30]
