Press

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Western CUNA Management School honors its 2016 graduating class

ONTARIO, CA (July 26, 2016) — Joining more than four thousand alumni of the school, Western CUNA Management School’s (WCMS) 55thgraduating class accepted their diplomas at a ceremony held July 21 at Pomona College.  The 101 students of the Xi class of 2016 received ...

NAFCU statement on GAO report on CFPB’s mortgage servicing rules

WASHINGTON, DC (July 25, 2016) — National Association of Federal Credit Unions (NAFCU) Executive Vice President of Government Affairs and General Counsel Carrie Hunt issued the following statement regarding the Government Accountability Office report released today that community banks and credit unions remain active in ...

Nussle letter to CFPB Director Cordray on CFPB’s 5th anniversary

WASHINGTON, DC (July 21, 2016) — The Honorable Richard Cordray Director Consumer Financial Protection Bureau 1275 First Street, NE Washington, DC 20001 Dear Director Cordray: As you are aware, today marks the fifth anniversary of the Consumer Financial Protection Bureau (CFPB). The Credit Union National ...

NAFCU statement on six-year anniversary of Dodd-Frank and credit unions

WASHINGTON, DC (July 21, 2016) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement today regarding the six-year anniversary of Dodd-Frank Wall Street Reform and Consumer Protection Act and its impact on credit unions. “As we mark ...

17 credit union professionals receive international CUDE designations

The seven international Credit Union Development Educator (DE) programs, in partnership with World Council of Credit Unions, recognizes seventeen individuals who have received their International Credit Union Development Education (I-CUDE) designation at the recent 2016 World Credit Union Conference in Belfast, Ireland. Seventeen credit union ...

CUNA’s Nussle writes in support of HR 5869/ OTR transparency

WASHINGTON, DC (July 19, 2016) — July 19, 2016 The Honorable Mick Mulvaney United States House of Representatives Washington, DC 20515 The Honorable Denny Heck United States House of Representatives Washington, DC 20515 Dear Representatives Mulvaney and Heck, On behalf of the Credit Union National ...

D+H adds ALLL tool to Creditquest® Portfolio Manager

TORONTO, CANADA (July 19, 2016) — DH Corporation (TSX: DH) ("D+H"), a leading provider of technology solutions to financial institutions globally, today announced the launch of the Allowance for Loan and Lease Losses (ALLL) tool in CreditQuest® Portfolio Manager (“Portfolio Manager”). The new ALLL ...

CUES® recognizes 2016 Mergers & Acquisitions Institute graduates

MADISON, WI (July 19, 2016) — CUES is pleased to recognize a significant number of executives and directors who recently completed CUES’ Mergers & Acquisitions Institute. Attendees of this graduate-level program learned directly from distinguished University of Chicago Booth School of Business faculty. “Like our ...

75% of Congress supports CUNA, league call for CFPB exemption authority

WASHINGTON, DC (July 19, 2016) — An overwhelming, bipartisan majority of 70 U.S. senators have added their voices calling on the Consumer Financial Protection Bureau (CFPB) to tailor rulemakings to protect credit unions from regulatory burden. The combined advocacy efforts of CUNA and state ...

QR Lending changes name to QRL Financial Services

MADISON, WI (July 18, 2016) — QR Lending, a nationwide provider of residential mortgage lending services for community banks and credit unions, announced today that the company is changing its name to QRL Financial Services, effective immediately. Well-known for unsurpassed service and intuitive technology solutions, ...

NAFCU letter on the NCUA 2016 Mid-Year Budget Review

WASHINGTON, DC (July 18, 2016) —   July 15, 2016 The Honorable Richard Metsger, Chairman The Honorable Mark McWatters, Board Member National Credit Union Administration 1775 Duke Street Alexandria, VA 22314 RE: NCUA 2016 Mid-Year Budget Review Dear Chairman Metsger and Board Member McWatters: On ...

Fifteen CUES® Next Top Credit Union Exec applicants advance

MADISON, WI (July 15, 2016) — Public voting has ended and CUES Next Top Credit Union Exec has announced its Top 15 applicants for 2016. CUES Next Top Credit Union Exec (NTCUE) competition–held in partnership with DDJ Myers and powered by Currency–searches for ...

New Risk Watch video explains proposed changes to CC Rating System

FREDERICK, MD (July 15, 2016) — A new online video in the Risk Watch series discusses the long-overdue changes FinCEN plans to make to the Consumer Compliance Rating System. Dennis Agle of AffirmX details what those changes will be. The video can be found here. “...

Nussle congratulates Herrera on NCUA nomination

WASHINGTON, DC (July 14, 2016) — President Barack Obama announced today the nomination of John Herrera to the open seat on the NCUA board. CUNA President/CEO Jim Nussle congratulated Herrera on the nomination. “On behalf of the CUNA/League system, I extend my sincere ...