Links in “Credit Unions”
- The Fly in Richmond’s Eminent Domain Ointment
Lawyer ponders a little 5th Amendment problem in the California town's economic scheme. [8/14]
- Resistance to Change Could Be the Credit Unions’ Worst Enemy
Thoughtful article questions why so many credit unions are not succeeding; rather than blaming the regulatory burden or the economy, the author says that credit unions need to be willing to embrace change. [8/13]
- NCUA Provides More Assistance for Small Credit Unions
NCUA has developed a FAQ search engine designed to answer common questions for small credit unions; questions address topics such as volunteer training resources and grants and can be accessed through the Office of Small Credit Union Initiativesâ (OSCUI) web page on NCUAâs website. [8/13]
- NCUA’s New FAQ+ Released
Insights, Tips and Training Opportunities available with a few clicks. See it in action here. [8/13]
- Remittance Resource Recap
Scrambling to meet the Oct. 28 effective date of the remittance transfer final rule? Here are some resources from the CFPB that could help. [8/12]
- Credit Unions Still the First Choice
57% of credit union members are extremely likely to recommend their credit union to friends, while only 40% of members who also have a bank account would recommend their bank, according to a recent CUNA survey; new bank regulations could have a strong impact on consumer choice. [8/12]
- 4 Fraud-Fighting Tactics
Four approaches to balance fraud prevention with the need to retain ease of use for customers. [8/12]
- Are Credit Union CEOs Paid Like Bankers?
According to a recently released 2013 CUES Executive Compensation Survey, the answer is âyes," at least for CEOs of CUs with assets of $250 million or more; however, survey considered only cash compensation and did not factor in long-term incentives like stock options or other perks that are common in the banking industry. [8/9]
- Make Sure the Check Is in the Mail
NCUA Letter to Federally Insured Credit Unions (13-CU-06) released yesterday reminds CUs that they will receive an invoice in September for their assessment fee for the Temporary Corporate Credit Union Stabilization Fund. The eight basis point assessment (based on insured shares) is due to the Agency by 10/16/2013. [8/9]
- Auto Lending Trip Wires That Can Trigger an Examination
If your financial institution is an auto lender, here are a few major trip wires that could trigger examiners to investigate you. [8/9]
