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October 21, 2014

Debit card use wanes due to security fears: TSYS report

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Consumer fears about security are leading to a drop in debit-card use, according to a new report from TSYS. Still, debit cards remain the most popular form of payment, the study noted. ReadMore

Calif. CUs meet with CFPB advisor on HMDA proposal, more

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In a meeting with roughly 15 credit union leaders here, Jennifer Stockett of the Consumer Financial Protection Bureau said her agency might need to look more deeply into its Home Mortgage Disclosure Act proposal for a full understanding of the potential impact on small creditors. ReadMore

Will shoppers avoid data-breached retailers this holiday season?

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Nervous over recent data breaches that have compromised tens of millions of pieces of personal and personal payment data in recent months, a poll has found that nearly half of credit and debit card users will be leery to shop this holiday season at those stores where attacks have occurred. ReadMore

CEO invites members to 'Ask Charlotte'

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Back in the day, when a CEO wanted to get in touch with members, he or she had to step out into the lobby. While the lobby remains a great way to reach a certain segment of members, other segments are easier to find online. ReadMore

New league award honors Commitment to Cooperation

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The Massachusetts, New Hampshire and Rhode Island credit union leagues have launched Commitment to Cooperation, a program to honor leaders who have dedicated significant years of service to their credit unions. ReadMore

Fiserv renews $250K benefactor commitment to Filene

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Fiserv Inc. has once again pledged to donate $250,000 to Filene Research Institute, based out of Madison, Wis., to help fund research and innovation efforts in the credit union industry. ReadMore

$15K for cancer research raised by CU's Bras Across the River

CU System
Singing River FCU's fourth annual Bras Across the River event, which raised funds for breast cancer research, exceeded its fundraising goal by bringing in more than $15,000 and nearly 4,500 bras to decorate the Louisiana Highway 613 bridge over the Escatawpa River Oct. 11. ReadMore

CU System briefs (10/21/14)

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ST. PAUL, Minn. (10 21 14) The Minnesota Credit Union Foundation awarded $7,500 financial education grants to three credit unions for this fall . Grantees are Anoka Hennepin CU,

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3 Atlanta fed judges recuse themselves from Home Depot data breach suits via @AtlBizChron http://t.co/lfPgOXZ7sO
12 hours ago
How may falling gas prices impact the U.S. economy? Find out tomorrow in #NewsNow #Market http://t.co/Q9ec9DGLDN
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News of the comp. for tomorrow: Big bank unveils plans for massive $6.5 billion new headquarters #NewsNow #Market
14 hours ago
Consumer confidence surges to 7-year high #NewsNow #Market http://t.co/fMEENGuWPi
15 hours ago
Charlotte Cash, CEO of @COFCU , is engaging members by producing videos on various subject of financial interest to members.
15 hours ago