CUNA News Archives

FCC issues call for public input on definition of autodialer

FCC issues call for public input on definition of autodialer

The Federal Communications Commission (FCC) has issued a proposal seeking further comment on the definition of an autodialer under the Telephone Consumer Protection Act (TCPA). CUNA has called on the FCC to clarify the definition [...]

Design an effective supervisory committee

Design an effective supervisory committee

Your supervisory and audit committees are under increasing pressure. In many parts of the country, examiners have ramped up their review and expectations of the supervisory committee. As credit unions have become more complex, it [...]

CUNA continues push for BCFP guidance on S. 2155 provisions

CUNA continues push for BCFP guidance on S. 2155 provisions

CUNA applauds NCUA’s timely implementation of provisions in the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) and continues to await fulfillment of several provisions by the Bureau of Consumer Financial Protection. [...]

Bankers get it wrong on CU compensation

Bankers get it wrong on CU compensation

Bankers increasingly are attacking credit unions, and one of their latest strategies is to publish what they claim is “excessive” CEO compensation at individual institutions. A 2017 op-ed criticized credit unions for paying employees “more [...]

CUNA engaged with S. 2155, money laundering hearings this week

CUNA engaged with S. 2155, money laundering hearings this week

CUNA will be engaged with a hearing on the implementation of the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) this week, in addition to other activities on Capitol Hill this week. NCUA [...]

Instant issuance: SFP or SaaS?

Instant issuance: SFP or SaaS?

Instant issuance has become a valuable service offering for credit unions as they respond to on-demand member expectations, expedite cards into members’ hands, and capture greater interchange revenue potential. For credit unions exploring instant issuance, [...]

Compliance: Reg. CC rule includes presumption of alteration

Compliance: Reg. CC rule includes presumption of alteration

The Federal Reserve has published a final rule amending subpart C of Regulation CC (Availability of Funds and Collection of Checks) to address check alteration disputes when the paper check is unavailable for inspection. The [...]

A simple strategy for success

A simple strategy for success

Stephanie DeGrand has a simple strategy for human resource (HR) success. She puts herself in her employee’s shoes, and that makes all the difference. Co-workers describe DeGrand, a human resources specialist for $1.4 [...]

CUNA praised for S. 2155 digital grassroots success

CUNA praised for S. 2155 digital grassroots success

CUNA was recognized Thursday for its grassroots success in getting tens of thousands of messages to legislators in support of the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). CUNA’s grassroots engagement [...]

PODCAST: Payments roundtable

PODCAST: Payments roundtable

What’s the best defense credit unions have against disruption? Collaboration, according to John Best, CEO of Best Innovation Group. That’s important to remember as credit unions face increasing disruption from fintech companies, a [...]

Houses passes ‘minibus’ to fund govt through Dec. 7

Houses passes ‘minibus’ to fund govt through Dec. 7

The House passed the conference report to H.R. 6157 Wednesday, a “minibus” bill that includes a continuing resolution to fund the government through Dec. 7. The federal government is scheduled to shut down if [...]

30-plus young CU professionals participate in advocacy training

30-plus young CU professionals participate in advocacy training

Thirty-one young credit union professionals started their week in Washington, D.C. Monday hearing firsthand about the importance of credit union advocacy. CUNA hosted the second young professional advocacy training session of the year at [...]

CUFX: Has its time arrived?

CUFX: Has its time arrived?

Participants learned how they can begin integrating Credit Union Financial Exchange during a breakout session at the co-located CUNA Technology Council and CUNA Operations & Member Experience Council Conferences in San Francisco. Credit Union Financial [...]

World Council: LEIs could have value, shouldn’t be mandatory

World Council: LEIs could have value, shouldn’t be mandatory

While World Council of Credit Unions does not support a requirement for credit unions to obtain “Legal Entity Identifiers” (LEIs) it sees some potential value in encouraging increased use of this system, the World Council [...]

One-on-one lending skills remain relevant

One-on-one lending skills remain relevant

As more members use mobile apps and other remote channels to apply for consumer loans, credit unions naturally focus on improving the member experience for those channels. But focusing on face-to-face lending interactions is more [...]