Press

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CO-OP announces CO-OP Purpose social responsibilty program for credit unions

RANCHO CUCAMONGA, CA (May 3, 2016) — CO-OP Financial Services is announcing CO-OP Purpose, a new corporate social responsibility program for credit unions that provides turnkey, impactful community initiatives to advance their mission of empowering peoples’ financial well-being. “CO-OP Purpose combines social mission with innovation ...

CUES®, Quantum Governance renew partnership

MADISON, WI (May 3, 2016) — “Good governance matters; it can mean the difference between success and failure for a credit union. CUES established a partnership with Quantum Governance in 2013, and we’ve since assisted credit unions in creating stronger and more effective governance ...

Ascensus appoints Retirement Chief Operating Officer

DRESHER, PA (May 3, 2016) — Ascensus, the nation’s largest independent retirement plan and college savings services provider, announces the appointment of Rick Irace as Chief Operating Officer of the company’s retirement division. In this newly created role, Mr. Irace will be responsible ...

Metsger named NCUA Board Chairman

WASHINGTON, DC (May 2, 2016) — In response to President Barack Obama’s decision to designate Rick Metsger Chair of the National Credit Union Administration--replacing Debbie Matz, who stepped down from her position April 30--Jim Nussle, CUNA president/CEO, released the following statement. “Based on ...

NAFCU comment letter to the Federal Communications Commission (FCC)

WASHINGTON, DC (May 2, 2016) —   May 2, 2016 Office of the Secretary Federal Communications Commission 445 12th Street SW, Washington, DC 20554 RE: Response to CG Docket No. 02-278 Dear Ms. Dortch: On behalf of the National Association of Federal Credit Unions (NAFCU), ...

CO-OP and TMG commission blockchain studies from Mercator

RANCHO CUCAMONGA, CA (May 2, 2016) — CO-OP Financial Services and TMG are commissioning a body of work by Mercator Advisory Services on blockchain technology to help credit unions make wise decisions regarding this emerging digital ledger technology. The first study will be completed by ...

2016 CUNA Operations, Sales & Service Council Awards open for entry

WASHINGTON, DC (May 2, 2016) — CUNA Operations, Sales & Service Council announced today that they are now accepting nominations for their 2016 awards. Both categories—the Excellence Awards and the Professional of the Year Award—will be presented at CUNA Operations, Sales & Service ...

CUNA Technology Council opens submissions for 2016 Excellence Awards

WASHINGTON, DC (May 2, 2016) — Announced today, CUNA Technology Council is now accepting submissions for the 2016 Excellence in Technology Awards. The awards, which recognize innovative achievements in the field of credit union technology, will be presented at CUNA Technology Council Conference, Sept. 28 – ...

Keynote speakers announced for CUNA Experience Learning Live! 2016

WASHINGTON, DC (May 2, 2016) — Credit Union National Association has announced the keynote speakers for this year’s CUNA Experience Learning Live!, Oct. 23-26, 2016, in Nashville, Tennessee. Joining the training-focused event will be songwriter and radio host, Patrick Henry, Executive Director of The ...

NAFCU hails National Small Business Week

WASHINGTON, DC (April 29, 2016) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger today hailed National Small Business Week and the bond between credit unions and small business. National Small Business Week runs May 1-7 and is sponsored by the ...

NAFCU statement on joint Interagency Proposal on consumer compliance rating

WASHINGTON, DC (April 29, 2016) — National Association of Federal Credit Unions (NAFCU) Senior Regulatory Affairs Counsel Michael Emancipator issued the following statement in response to the Interagency Proposal to update the Uniform Interagency Consumer Compliance Rating System announced today. Federal Financial Institutions Examination Council (...

CUNA’s Tipton / Cardenas Letter – National Small Business Week

WASHINGTON, DC (April 29, 2016) — The Honorable Scott Tipton House of Representatives Washington, DC 20515 The Honorable Tony Cardenas House of Representatives Washington, DC  20515 Dear Representatives Tipton and Cardenas: On behalf of the Credit Union National Association (CUNA), I am writing to thank ...

CUNA launches ‘Ease the Burden’ Campaign to combat regulatory burden

WASHINGTON, DC (April 29, 2016) — The Credit Union National Association (CUNA) launched a campaign aimed at the most pressing issue facing credit unions – regulatory burden. CUNA’s Ease the Burden campaign features a website that will serve to activate credit union members to weigh ...

CUNA commends CFPB for addressing issues with TRID/KBYO rules

WASHINGTON, DC (April 28, 2016) — In response to advocacy efforts by the Credit Union National Association (CUNA), the Consumer Protection Financial Bureau (CFPB) announced it will initiate rulemaking in late July to address many of the ongoing issues and concerns over the implementation of ...

CUNA to SECU — “Welcome back!”

RALEIGH, NC (April 28, 2016) — Citing the new vision and new direction for the Credit Union National Association (CUNA), North Carolina State Employees’ Credit Union (SECU) has re-joined CUNA as a member.  Representatives from SECU and CUNA, including CUNA Board member and CEO of ...

PSCU taps Avaya to enhance the member experience

ST. PETERSBURG, FL (April 27, 2016) — Dedication to providing a best-in-class member experience is a fundamental operating principal for PSCU, the nation’s leading credit union service organization. This means being available at any hour, every day, and through multiple channels for the 18 ...

Credit unions now able to calculate own regulatory burden costs

WASHINGTON, DC (April 27, 2016) — The Credit Union National Association (CUNA) launched a Regulatory Burden Calculator, a new tool that allows individual credit unions around the country to calculate the costs of regulation on their credit union. The Regulatory Burden Calculator is free to ...

CUNA OTR Operating Fee comment letter

WASHINGTON, DC (April 26, 2016) —   April 26, 2016 Gerard Poliquin, Secretary of the Board National Credit Union Administration 1775 Duke Street Alexandria, Virginia 22314-3428 Re:  Comments on OTR Methodology and Operating Fee Schedule Dear Mr. Poliquin: The Credit Union National Association (CUNA) appreciates ...