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December 2014
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Focus FCU Breaks Ground in Tri-City Area
Monday, December 1, 2014 6:30 AM

Volunteers, staff, and community partners of Focus Federal Credit Union attended a groundbreaking ceremony on Nov. 18 to announce the construction of a branch office at 1111 NW 32nd Street in Newcastle, Oklahoma.

San Angelo Chapter Donates 247 Pounds of Food to Local Charity
Monday, December 1, 2014 6:25 AM

In the spirit of "people helping people," last week the San Angelo Chapter of credit unions collected 247 pounds of non-perishable foods from their members and staff, and donated all of it to Rust Street Ministries. The ministry provides temporary assistance with food, clothing, household items, and furniture—at no charge—to those living in the San Angelo area.

Compliance Review Seminars Focus on Federal and Regulatory Changes
Monday, December 1, 2014 6:20 AM

The 2015 Compliance Review seminars will update credit unions on federal and regulatory changes, focusing on deposit/share operations for all credit unions. 

Speaker Jeff Rendel to Discuss Political Influence at 2015 Annual Meeting
Monday, December 1, 2014 6:15 AM

As a federal regulator, financial executive, and congressional lobbyist, Jeff Rendel knows the financial services marketplace; and he will be imparting that knowledge to participants during the general session at the 2015 Annual Meeting in Austin, Texas, April 8-10. 

Revised RBC Rule to Be Unveiled in January
Monday, December 1, 2014 6:10 AM

The National Credit Union Administration will in January reissue its proposed risk-based capital rule with a 90-day comment period. All three members of the NCUA Board are behind the longer time for credit unions to consider the revised proposal, including allowing credit unions to share thoughts with the agency about the revised proposal.

Congress Returns to DC for Final Push
Monday, December 1, 2014 6:05 AM

Congress returns this week to make its final "lame duck" session push before adjournment (the last meeting of the 113th Congress).

CFPB's Cordray Outlines Concerns for Real-Time Payments System
Monday, December 1, 2014 6:00 AM

Consumer Financial Protection Bureau Director Richard Cordray told attendees at the annual Clearing House Conference in New York that he has concerns about electronic payments networks, particularly its effects on consumers.

CFA-CUNA Survey: Consumers Unlikely to Increase Holiday Spending
Monday, December 1, 2014 5:55 AM

While all indicators are that the economy is doing much better all the time, more consumers report lower intended holiday spending in 2014 compared to 2013, according to the 15th annual holiday spending survey conducted by the Consumer Federation of America and the Credit Union National Association.