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September 2017
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CUs: File Your Comment Letters Today on NCUA's Mergers Proposal
Friday, September 29, 2017 7:00 AM

Credit union advocates are urged to file comment letters today regarding the National Credit Union Administration's proposal to amend its emergency mergers requirements. Comments are due Sept. 29.

InfoSight Highlight: Servicemembers (and Dependent) Consumer Lending (Military Lending Act)
Friday, September 29, 2017 6:55 AM

As required by the John Warner National Defense Authorization Act for Fiscal Year 2007, which added 10 USC 987, the Department of Defense (DOD) issued a regulation that implements the Military Lending Act (MLA) regarding the terms of consumer credit extended by creditors to service members and their dependents.

Customer Due Diligence for All Accounts
Friday, September 29, 2017 6:50 AM

The Financial Crimes Enforcement Network’s (FinCEN) new customer due diligence (CDD) requirements for business accounts will be effective May 18, 2018. A recent CUNA CompBlog post examines CDD procedures and requirements.

Cornerstone's Willard Addresses Austin Chapter
Friday, September 29, 2017 6:45 AM

Cornerstone Credit Union League President/CEO Caroline Willard spoke to more than 50 credit union leaders at the Austin Chapter of Credit Unions Sept. 28, where she gave the attendees an update on League activities and described her vision for the future.

Rev Up Your Engine! Join the CU Ride in Little Rock, Oct. 10
Friday, September 29, 2017 6:40 AM

The Credit Unions Care campaign is revving up for the Oct. 10 CUs Ride motorcycle tour in Little Rock. Please join us at 9:30 a.m. for the meetup at the Arkansas Credit Union Association, and together we'll caravan to the Arkansas Children's Hospital to deliver a treasure trove of stuffed dogs and miles of smiles.

Houston Chapter Hosts National CU Foundation's Gigi Hyland
Friday, September 29, 2017 6:35 AM

The Houston Chapter of Credit Unions hosted National Credit Union Foundation Executive Director Gigi Hyland at their recent September chapter meeting.

AMOCO FCU Selects Credit Union Resources to Conduct VP Searches
Friday, September 29, 2017 6:30 AM

Credit Union Resources has been selected to conduct two searches for the positions of vice president of lending and vice president of branch operations for AMOCO Federal Credit Union in Texas City, Texas.

NCUA Approves TCCUSF Closure, Refunds to Start in 2018
Friday, September 29, 2017 6:25 AM

The NCUA board on Thursday approved the merger of the agency’s corporate stabilization fund with its Share Insurance Fund. Under federal law, the stabilization fund has been used to provide the agency with the ability to mitigate costs from stabilizing the corporate credit union system.

CUAid Accepting Donations for CU People Affected by Hurricane Maria
Friday, September 29, 2017 6:20 AM

The National Credit Union Foundation is now accepting donations through the online disaster relief system to raise money for credit union people affected by Hurricane Maria. Credit union supporters in every state can make donations to the General Disaster Relief Fund at CUAid.

September Trends Report Now Available
Friday, September 29, 2017 6:15 AM

The latest issue of the Credit Union Trends Report is out, produced monthly by the CUNA Mutual Group and Chief Economist Steve Rick.