adminThe Federal Reserve board has issued a request for comment regarding proposed changes to its current same-day automated clearinghouse (ACH) payments rules. The Federal Reserve Banks propose to incorporate NACHA-The Electronic Payments Association’s...
A bill introduced by Sen. Ron Wyden (D-Ore.) would provide credit unions with regulatory relief, help small businesses, and has CUNA’s support. The bill, S. 1440, would exempt loans to purchase a one- to four-unit, non-owner occupied residential...
The Consumer Financial Protection Bureau (CFPB) has posted its spring rule making agenda on its website in accordance with the Unified Agenda of Regulatory and De-regulatory Actions. The agency is mandated to publish its agenda twice a year. The...
The LSCU & Affiliates Board of Directors had one open seat up for election this year. USF FCU CEO Rick Skaggs won the election for the Florida Class C seat which represents credit unions with 15,000 to 40,000 members. Skaggs assumes the seat of...
Credit unions rank among the 12 highest companies for customer service according to 2015 Temkin Group research. For the third straight year, USAA took the top spot in the 2015 Temkin Customer Service Ratings. Based on a study of 10,000 U.S...
Creditunions.com recently reported that nearly every type of lending surged during the first quarter of 2015 for credit unions. Aggregate loan balances increased 10.6 percent — or $70 billion — to $731.2 billion as of March 2015. With a respective...