How would your credit union answer this question?
What does your credit union do to encourage diversity in its leadership ranks and workforce? I don’t want to get into a political discussion by asking this question. I’m only asking it because [...]
Posts Tagged ‘New York Credit Union Association’
What makes a catch a catch in football plus some compliance stuff
Before I do what I get paid to do, I have to explain to you why I was screaming out Al Michaels and Cris Collinsworth last night as they were mangling the NFL Rule Book. [...]
Handling the bankrupt member who has caused you a loss
One of the first things I learned in credit union land was that you can deny services to a member who has caused you a loss. Specifically, all a member is ultimately entitled to is [...]
CUNA slams “unconstitutional” appointment
CUNA decisively weighed in on the CFPB appointments dispute yesterday, with a brief sharply critical of former Director Cordray’s attempt to name his deputy as the interim Director of the Bureau. For what it’[...]
How will tax reform impact housing?
One of the many questions I have about pending tax reform is how, if at all, it will impact the housing market? What I’m most intrigued by are the concerns that have been raised [...]
CFPB releases beta version of web portal
I’m on my way to the train station but I wanted to give my faithful readers a heads up on the type of news that makes compliance geeks get excited and puts the rest [...]
Are CU’s entering a car loan danger zone?
Credit unions have benefited as much as any other lenders from America’s car buying spree So the news that car sales declined for the sixth straight month in June is something to keep an [...]
The ABC’s of MBL
Those of you who do MBL loans or who are thinking about doing MBL loans should take a look at this recent FAQ released by the NCUA in its Quarterly Report. As readers of this [...]
Are NCUA’s lending standards too tough?
When state chartered credit union Melrose CU was placed in conservatorship in February, New York’s Department of Financial Services put NCUA in control. Fast forward to Friday: The WSJ is reporting that the Committee [...]
Consider yourself warned
As the saying goes “problems” flow downhill, so as I started reading the details of the Wells Fargo account opening scandal and the $100 million fine imposed on it by the Consumer Financial Protection Bureau, [...]
What we can learn from the Brexit vote
With State Legislatures shutting down and Congress going into a summer hiatus now is that time of year when credit unions stop and wonder why they even bother with politics. After all, the bankers seem [...]
Two things your HR person should be thinking about
Credit unions are not just financial institutions; they are small businesses. This means, of course, that even regulations that have nothing to do with banking can pose challenges to their bottom line. While we can’[...]
More state leagues speak out on dual membership
The New York Credit Union Association board asked CUNA Tuesday to reconsider its position on the dual membership requirement after a survey found nearly 80% of New York credit unions favor membership choice. The New [...]
Would information sharing act help credit unions?
One of my faithful readers emailed yesterday and asked me what I thought of the cyber security legislation that passed the Senate earlier this week. So here goes: Quite simply any action that shows Congress [...]
Southeastern, New York leagues to collaborate
The CEOs of the League of Southeastern Credit Unions and the New York Credit Union Association said Tuesday they signed a letter of intent that will create the nation’s largest league collaboration project. The [...]