Links in “Credit Unions”
- What Are the Top Financial Choices You May Regret in 10 Years?
According to an article in Forbes magazine, there are 10 important financial choices that could have a major impact on your finances 10 years down the road. See how simple things, such as not establishing and living within a budget and not establishing an emergency fund to more complex issues, such as thinking that important insurance policies are lame and treating your retirement fund like a distant second cousin can affect your financial well-being. [2/17/16]
- NAFCU Issues New Compliance e-Handbook
NAFCU has launched a new e-handbook entitled âCredit Union Compliance 101,â which is designed to provide guidance to new compliance officers as well as serving as a reference guide for experienced compliance officers. The e-handbook, which is available now for purchase, provides links to resources, guidance on specific areas such as advertising and lending, an index of significant NCUA Legal Opinion Letters, an index of the active Letters to Credit Unions, and several chapters devoted to the role and responsibilities of the compliance officer. [2/17/16]
- CFPB Makes Minor Fix to TRID Tolerance
NAFCU members have voiced their opinion regarding CFPB's TILA-RESPA Integrated Disclosures (TRID) not covering all aspects of "good faith" lending. [2/17/16]
- CUNA FUSE Set In Las Vegas
CUNA will be hosting its CUNA FUSE - Branch Operations & Business Development School event in Las Vegas from August 15-18. The goal is to bring operations and business development into one fused entity to facilitate efficiency and growth. [2/17/16]
- CUNA Requests Some Regulatory Changes of the CFPB
The CFPB had several provisions signed into law last December which affect exemptions for Qualified Mortgages (QM) and Higher-Priced Mortgage Loans (HPML). CUNA urges the CFPB to amend some of the requirements within these provisions. [2/16/16]
- The Basics Of Branch Transformations
With the industry and consumers relying more and more on omnichannel (i.e. branch, net, telephone, ATM) access for their financial needs, what are some of the key factors to think about when making best practice changes leading to a branch transformation? [2/16/16]
- “Two Birds With One Stone”: A Credit Union’s View On Risk Management
San Antonio Credit Union perceives risk management differently than other credit unions. Rather than just addressing regulatory issues, they use risk management to also facilitate efficiency of operational policies across all departments. [2/16/16]
- NCUA President / CEO Expresses Gratitude To CFPB For Clarifying That PAL’s Are Exempt From Proposal
When questioned on Thursday about the impact on Payday Alternative Loans (PAL) from CFPB's new proposal, acting bureau Deputy Direct David Silberman stated that PAL's should be exempt. [2/12/16]
- NCUA To Vote On Final MBL Rule On February 18th
The proposed changes could give credit unions a new view and methodology regarding Member Business Lending (MBL). [2/12/16]
- Interested In Direct Access to DMDC MLA? Deadline To Inquire Is Right Around The Corner!
Deadline to express interest in the U.S. Department of Defense's Defense Manpower Data Center (DMDC) Military Lending Act (MLA) is on Monday, February 15th. This new service may have a strong impact on the processing and turnaround of "Covered-borrowers." [2/12/16]
