Press

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NAFCU statement on CFPB’s proposal on payday lending

WASHINGTON, DC (June 2, 2016) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement in response to the Consumer Financial Protection Bureau's (CFPB) 1,300 page proposal on payday lending. CFPB is holding a hearing on small-dollar ...

CUNA closely analyzing CFPB payday proposed rule

WASHINGTON, DC (June 2, 2016) — Following the release of the Consumer Protection Financial Bureau’s (CFPB) short-term, small-dollar loan proposed rule, President/CEO of the Credit Union National Association (CUNA) Jim Nussle released the following statement: “Credit unions exist to meet the credit and ...

NAFCU comment letter to NCUA on investment and deposit activities

WASHINGTON, DC (June 1, 2016) — RE: Comments on Agency Information Collection – Investment and Deposit Activities Related to Part 703 and Section 721.3 of NCUA Rules and Regulations; OMB Number 3133-0133 Dear Ms. Wolfgang: On behalf of the National Association of Federal Credit Unions (...

National Credit Union Foundation releases annual Impact Report

The National Credit Union Foundation (the Foundation) has released their 2015 Impact Report entitled “Helping Members Every Step of the Way Along Life’s Journey.”  This report provides insight into the initiatives, programs and grants provided by the Foundation throughout the last year. Click here ...

Weber Marketing Group to sponsor Zappos Tours at MAC conference

SEATTLE, WA (May 31, 2016) — At this years MAC Conference in Las Vegas, Weber Marketing Group will sponsor the Zappos Tours on Tuesday, May 31 at 1:00pm and 3:00pm. The Zappos tour experience is a 90-minute glimpse into the Zappos family culture. ...

Top finance professionals honored at CUNA CFO Council Conference

WASHINGTON, DC (May 27, 2016) — The CUNA CFO Council Awards, honoring outstanding work in the field of credit union finance, were presented live from the main stage at the CUNA CFO Council Conference, May 15-18 in Anaheim, California. Winners: 2016 Professional of the Year ...

Broaden perspectives on risk at CUNA Enterprise Risk Management for Directors

WASHINGTON, DC (May 27, 2016) — Credit Union National Association will educate credit union board directors about the core concepts, practices and overarching philosophy of enterprise risk management at CUNA Enterprise Risk Management for Directors, Sept. 12 to 14, 2016, in Scottsdale, Arizona. “Risk management ...

Foundation’s Twitter chat on senior citizens set for 6/8

On the heels of Older American’s month, the National Credit Union Foundation (the Foundation) is hosting a Twitter chat for credit unions on Wednesday, June 8th at 3 pm (CT). The Foundation invites credit unions to discuss their activities to improve and protect the ...

NAFCU Chief Economist Curt Long statement on first quarter GDP data

WASHINGTON, DC (May 27, 2016) — National Association of Federal Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement today in response to the Commerce Department’s second reading of first quarter GDP data. “While first-quarter GDP remained low despite the upward revision, ...

NAFCU letter to CFPB on bankruptcy periodic statements

WASHINGTON, DC (May 27, 2016) — RE: Periodic Statements for Borrowers who have filed a Bankruptcy (RIN: 3170-AA49) Dear Ms. Jackson: On behalf of the National Association of Federal Credit Unions (NAFCU), the only national trade association focusing exclusively on federal issues affecting the nation’...

U.S. EMV adoption by merchants, issuers continues

PURCHASE, NY (May 26, 2016) — Americans are increasingly using EMV chip cards to make purchases as 68 percent of all U.S.-issued MasterCard-branded consumer credit cards feature the technology as of April 30, 2016. Chip-active merchant locations also increased to 1.4 million ...

CUNA welcomes Clark to CO-OP

WASHINGTON, DC (May 24, 2016) — Todd Clark has been named president/CEO of CO-OP Financial Services. Following the announcement, CUNA president/CEO Jim Nussle issued a statement welcoming Todd: “On behalf of CUNA, I’m pleased to welcome Todd to the credit union movement. ...

Mortgage Cadence announces integration with DocuSign and eOriginal

KANSAS CITY, MO (May 24, 2016) — Mortgage Cadence LLC, an Accenture Company (NYSE: ACN), is announcing an all new integration with award-winning electronic signature and Digital Transaction Management (DTM) provider DocuSign, Inc. (DocuSign®), and the vaulting, transaction and transferable records services of eOriginal, Inc. ...

NAFCU comment letter to NCUA regarding Central Liquidity Facility (CLF)

WASHINGTON, DC (May 24, 2016) — May 23, 2016 Troy Hillier PRA Clearance Officer National Credit Union Administration 1775 Duke Street Alexandria, VA 22314 RE: Information Collection Request on the Central Liquidity Facility Dear Mr. Hillier: On behalf of the National Association of Federal Credit ...

NAFCU: Data breaches have reached tipping point

WASHINGTON, DC (May 23, 2016) — National Association of Federal Credit Unions (NAFCU) Executive Vice President of Government Affairs and General Counsel Carrie Hunt today issued the following statement regarding the dire state of data breaches on our nation. “Data breaches have reached a tipping ...

Credit Union Student Choice adds PSCU’s Tom Gandre to Board of Directors

Credit Union Student Choice, the foremost provider of higher education financing solutions to America’s credit unions, announced that Tom Gandre, EVP and Chief Operating Officer of PSCU, has joined its Board of Directors. “From day one, Student Choice has been credit union owned and ...

CUES® recognizes May 2016 CEO Institute graduates

MADISON, WI (May 19, 2016) — CUES is pleased to recognize 34 credit union executives who recently completed all three years of its prestigious executive education program, CEO Institute. In addition, 21 of the graduates earned their Certified Chief Executive (CCE) designation, signifying their ongoing ...