In 2016, NACHA and the Federal Reserve Board amended their operating rules to support Same Day ACH payments. The rule will enable ACH originating depository financial institutions (ODFIs) that want to utilize same-day processing the option to send...
This week in Washington, the House will not be in session Wednesday, Thursday, or Friday to accommodate the House Republican retreat. The House Democratic retreat will occur next Thursday and Friday Federal spending authority ends on Feb. 8 so...
The LSCU Disaster Preparedness Conference is an opportunity for credit unions to learn how to establish and maintain a continuity plan. With a goal of delivering an informative and resourceful conference, attendees can expect discussions on modern...
Low-income credit unions in Florida, Puerto Rico, Texas, and the U.S. Virgin Islands, hit hard by recent hurricanes, are eligible to use a streamlined certification process to qualify as Community Development Financial Institutions, the NCUA...
A federal district court in Virginia Friday threw out a lawsuit brought against a credit union alleging website accessibility issues under the Americans with Disabilities Act (ADA). Credit unions are facing increasing legal threats due to confusion...
Personal finance website NerdWallet cited CUNA statistics in an article highlighting how consumers can look to credit unions for free checking accounts with no daily minimum balance or monthly direct deposit requirements. “Credit unions have many of...
To get into the mindset of a millennial, a new survey from Aperion Care posed queries about life expectancy and savings for retirement. Preparing for the future did not appear high on the list of concerns for many. While they are saving for...
The first step in being a strong advocate is showing up, and there’s still time to be part of this year’s 2018 Florida Advocacy Conference, planned for Jan. 30-31. Highlighting the event are Hill visits, giving attendees the opportunity to...
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The National Credit Union Administration Board held its first open meeting of 2018 at the agency’s headquarters on Jan. 25 and unanimously approved two items: A proposed rule to clarify agency procedures for resolving severance claims arising from...