Links in “Credit Unions”
- CUs Rank Highest on Online and Mobile Satisfaction Survey
Survey covering CUs, banks, investment and lending companies and other institutions shows that CU members are the most satisfied with their online and mobile banking services; highly satisfied users are 75% more likely to use more of their financial institutionâs products and services. [6/5]
- Data Breaches Often Lead to Fraud
Study reports that 23% of data breach victims also become victims of fraud; provides several recommendations to financial institutions for ways to minimize fraud in these situations, such as not using social security numbers for authentication purposes. [6/5]
- 1073 Solutions Center Launched to Assist with Remittances
If your CU generates more than 100 consumer international remittance transfers per year, you'll want to read this. [6/5]
- NCUA Annual Report Issued
Provides both insights to NCUA and to Industry. [6/4]
- Recent Natural Disasters Provide Potent Reminder of Importance of Recovery Plan
But the potential for malicious, manmade threats looms just as large, if not larger. [6/5]
- Comprehensive Reg Relief May Be on the Horizon
House to consider a comprehensive regulatory relief bill in the next few weeks; committee members looking for areas where the interests of credit unions and community banks may coincide. [6/4]
- Loan Demand Accelerating
And at a brisk pace! Loan balances up 5.2% over the past 12 months; the fastest loan growth rate since 2008. [6/4]
- Final Rule on Garnishment Issued
Master and sub-accounts addressed; revision also brings state levies under scope of the rule. [6/4]
- Complaint Data: How’s Your State Doing?
Complaint data now searchable by state; top 5 states for mortgage complaints are New Hampshire, Maryland, the District of Columbia, Georgia, and Florida. [6/4]
- Consumer Complaint Database Expands
CFPB announces an expansion of the database to include credit reports and money transfers; complaints now also categorized by state. [6/3]
