Top 3 Priorities
When credit union executives were asked what they thought the Credit Union National Association's three top priorities should be, here's what they replied.
Top Stories
UW CU at Forefront of Minimum Wage Debate
Many credit unions pay most of their employees above minimum wage already, but could such across-the-board hikes have hidden pitfalls, or do the plusses far outweigh the minuses? more »
Will a CFPB Commission Ever Happen?
Critics of the Consumer Financial Protection Bureau think there's renewed chance to change the regulator's structure. They point to the upcoming presidential election and recent setbacks to CFPB Director Richard Cordray as laying groundwork for a change. more »
Features
NAFCU opposes proposal to increase the National Credit Union Administration's Board to five members, while CUNA supports the idea. Other industry insiders note potential increased costs to regulator's staffing budget but potential benefits too.
In its second "Board Briefing" since Chairman Rick Metsger introduced the practice, officials outlined their plans to add an "S" for interest rate sensitivity to the regulators existing "CAMEL" examination rating system.
While iris and fingerprint biometric security technologies have proven to be effective, Gesa Credit Union is quite literally asking members for a hand to help improve security even more with its palm-vein biometric reader pilot program.
Regulator announces at NAFCU conference that it will release more details on proposed budget in advance this year so stakeholders can review and analyze the information beforehand.
Between the small number of CUs bumping up against the member business lending cap and NCUAs recent overhaul of the MBL rule, should credit unions continue to fight to raise or remove the cap?
Rather than replace bankers with technologists, bankers must return to their original role in the community: help entrepreneurs succeed through connecting capital with good ideas. read more »
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No More Big Bank Bullies
San Diego County CUs newest commercial was created by Mission Middle School and won this years Office of Educations Innovative Video in Education award.