Links in “Credit Unions”

11 Orders issued by NCUA for June; review of actual Orders make for strong training on Internal Controls and Personnel Ethics. [7/1]

Sometimes it isn't cost effective to try and collect a $3 balance, for example; thoughts on how to handle such a situation from a Reg. E perspective. [7/1]

In his testimony in a Senate confirmation hearing, NCUA Board nominee Rick Metsger identifies interest rate risk and cybersecurity issues as top threats to the safety and soundness of the nation’s credit unions; a vote on Metsger’s nomination could occur as soon as July. [6/28]

If Congress doesn’t act immediately, interest rates on federally subsidized Stafford student loans will double from 3.4% to 6.8% on July 1;  7 million college students facing a large increase in the monthly loan payments at a time when many are already struggling financially. [6/27]

You know that the millenials are your future, but how do you attract and retain this important segment of your membership? The answer: tech convenience. [6/27]

After you click submit, it can seem like your Suspicious Activity Report disappears into a black hole; here's what happens to them and what your institution can do to improve the process. [6/27]

The two are not the same. [6/27]

CUs increased loans to small businesses during the recession while banks lent less; small business lending up at CUs by 77.7% in the past six years, compared to a decline of 14.3% at banks. [6/26]

Although issued after the effective date, considered to be well-organized and full of information that could be of great help to credit unions. [6/26]

While the original plan for mortgage rule revisions provided for a marginally adequate one-year implementation period, the latest round of revisions expect in August or later reduces the implementation period to less than five months for some provisions. [6/26]