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LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

January 29, 2015

N.Y. league ready to press for data security with AG's bill

CU System
The New York Credit Union Association is closely following a proposed overhaul of the state's data security law that could hold companies to new standards in protecting consumers' personal data. ReadMore

CUs, members share breach stories with media

CU System
Data breaches may not always occur at massive retailers such as Target or Home Depot, but that doesn't dampen the serious effect all breaches have on financial institutions and consumers. ReadMore

Apple Pay interest booming at CUs, Western Union joins

CU System
With Apple Pay accounting for two out of every three dollars processed through contactless payment systems, Apple CEO Tim Cook said Tuesday he is "more confident than ever 2015 will be the year of Apple Pay." ReadMore

CU cites prize-linked savings success in Wall Street Journal

CU System
A recent article in The Wall Street Journal featured--and extolled the benefits of--prize-linked savings accounts, a product created by the credit union movement that creatively incentivizes members to put money away into savings. ReadMore

Online-only mortgage process gains popularity

CU System
More than one-third of homebuyers believe that going through the entire home-financing process online, or with no phone calls or in-person meetings, would make the mortgage process easier, a recent survey by Discover Home Loans found. ReadMore

CU matches 1st-time homebuyers with grant funds

CU System
Family First FCU, Rochester, N.Y., with $140 million in assets, has implemented a grant program to help first-time homebuyers who often struggle to save enough for a down payment and closing costs. ReadMore

Googolplex seeks 12 youth for editorial board

CU System
Googolplex, CUNA's youth financial education resource, is seeking 12 children to serve on its editorial board. ReadMore

CU System briefs (1/29/15)

CU System

MADISON, Wis. (1 29 15) Feb. 6 is the deadline to purchase tickets or sponsorships for the Herb Wegner Memorial Awards dinner presented by the National Credit

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News Now LiveWire
Middle-class families walking a tightrope with little savings @pewresearch HT @CNNMoney http://t.co/Pfu2KHASZa
4 hours ago
.@CUNA's @SchenkMike on @federalreserve meeting: http://t.co/Ry39vjWdA1
5 hours ago
#creditunion cites prize-linked savings success in @WSJ http://t.co/3CXupUMx5d
7 hours ago
.@CFPB proposes mtg rule changes 2 facilitate responsible lending by small creditors, esp. in rural/underserved areas.http://t.co/sn6PnlS0EB
9 hours ago
#NewsNow Apple Pay interest booming at CUs, Western Union joins http://t.co/LsaoOYzAPx
10 hours ago