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July 25, 2014

CUs get national online tool for communicating reg concerns

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PowerComment, a new online resource that helps credit unions take their regulatory concerns directly to state and federal regulators, was officially announced at the summer American Association of Credit Union Leagues meeting Thursday. ReadMore

Landmark exam parity bill gets Ill. gov. signature

CU System
The examination process for Illinois credit unions was just upgraded, as Gov. Pat Quinn signed a bill into law Thursday that will certify that the Illinois Department of Financial and Professional Regulation administers fair examination protocols for all state-chartered credit unions. ReadMore

N.Y. young professionals shine in leadership role on Hill

CU System
Seven members of the Credit Union Association of New York's Young Professionals Commission demonstrated their leadership skills this week and furthered the advocacy efforts of the state's credit unions during the league's Hike the Hill event in Washington, D.C. ReadMore

Debit use bolsters noncash payments, says Fed payments study

CU System
Consumer use of electronic payments--whether by card or via automated clearing house--continues to outpace cash and checks, according to updated statistics from the 2013 Federal Reserve Payments Study. ReadMore

CUs a compass on path away from bank fees: Daily Finance

CU System
When ditching a big bank and all the charges and fees that come with it, a credit union can be a great alternative when picking a new financial institution, a recent article in Daily Finance said. ReadMore

St. Louis treasurer taps CU to serve unbanked

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In her quest to connect unbanked residents with financial institutions, St. Louis' treasurer has called on a credit union to lend a hand. ReadMore

KCUA's Wright appointed as Kan. CU regulator

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Jerel Wright, assistant vice president of compliance at the Kansas Credit Union Association, was appointed as administrator of the Kansas Department of Credit Unions by Gov. Sam Brownback. ReadMore

CU System briefs (07/25/2014)

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SAN DIEGO (7 25 14) San Diego County CU, with $6.5 billion in assets, hopes to set a Guinness World Record for document shredding on Saturday,

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News Now LiveWire
USFCU, Minn., hosts small business networking night. http://t.co/CBFHpJTFZe
12 hours ago
Number of @CUNA-certified fin. counselors hits 2,175 http://t.co/3fQGcdxyLO
13 hours ago
Jobless claims drop by 19,000 this week #Market #NewsNow http://t.co/LSqaYCsmX4
13 hours ago
#RBC draws letters from @SenatorBegich, @SenShelby to @TheNCUA See #NewsNow http://t.co/JvLBwkHwxF
15 hours ago
It's #summercamp with a financial literacy, #creditunion twist http://t.co/5eaps9ZoVB
16 hours ago