Fair Housing Can Enhance Financial Well-Being

Discover five ways credit union leaders may have a positive impact on fair housing today.

Independent Voters Now Make Up Largest Voting Bloc in Arizona

Earlier this month, registered Independent voters became the largest voting bloc in the State of Arizona. While Arizona makes it […]

Horizons North Credit Union Voted 2023 ‘Best Bank/Credit in the Metro North Area’

This is the 13th year in a row that Metro North readers have voted HNCU "Best of the Best."

BECU to Grow Presence in the Kitsap Peninsula with New Financial Center

The Neighborhood Financial Center will open in Gig Harbor, Washington.

OCCU Opens A New Branch in Oregon

The full-service credit union branch offers all the traditional financial services.

Fitzsimons Credit Union Awards $5K in Scholarships to Local Students

The scholarship is named in honor of former CEO Sandra Neves and was founded after her retirement in 2017. 

OneAZ Awards $330,000 in Community Impact Grants

Sixty-six Arizona-based nonprofit organizations received the grants.

compliance

Compliance Newsletter – July 11, 2023

Stay informed on the latest news and resources around compliance-related issues.

How STCU’s ‘Frank’ Campaign Turned Into A Viral Hit

Since the campaign and re-brand launched in April, commercials with Frank on STCU’s YouTube have been viewed nearly 500,000 times.

Idaho’s CapEd Credit Union Celebrates Juntos Avanzamos Designation

CapEd has shown its commitment to serve its Hispanic community through the adoption of inclusive policies and procedures.

Why Credit Unions Should Consider A Variable Credit Card Interest Rate Strategy

Credit card programs could benefit from regular interest rate adjustments based upon changing prime rates.

InfoSight Update: Phase One Is Underway

Looking at compliance through the eyes of a child offers an opportunity to rethink your processes and help keep staff engaged and motivated to meet the credit union’s compliance goals.

Compliance Question of the Week; Can I provide the member with a new LE if we forgot to list a required fee?

Can I provide the member with a new LE if we forgot to list a required fee?

League InfoSight Highlight – Trusted Contacts

The NCUA and CFPB have both been providing resources to consumers about establishing “Trusted Contacts” and encouraging outreach to their financial institution in order to help prevent fraud.

FFIEC Announces Availability of 2022 Data on Mortgage Lending

The FFIEC announced the availability of the 2022 HMDA mortgage data.

CFPB, U.S. DHHS, and Treasury Launch Inquiry into Costly Credit Cards and Loans Pushed on Patients for Health Care Costs

Even when medical care may otherwise be covered by insurance or financial assistance, patients may be pitched these products by their health care providers who then pass the administration of patient billing and collections over to financial service companies. 

How Mortgages with a COVID-Related Forbearance are Performing in 2023

The blog examined the performance of mortgage borrowers in March 2023 to those in March 2021 that had COVID-related forbearance.

Loans

Agencies Finalize Policy Statement on Commercial Real Estate Loan Accommodations and Workouts

Federal financial institution regulators issued a joint final policy statement on commercial real estate loan accommodations and workouts.

NCUA

NCUA Released Annual Cybersecurity & Credit Union Resilience Report

The NCUA released its annual report which provides an explanation of the measures taken to strengthen cybersecurity within the federally insured credit union system and the NCUA.

GESA

Gesa Credit Union Turns 70

Gesa celebrates milestone with 285,000 members, $3.8 Million in total giveback across Washington, $1 million in giveback to local schools and more.