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Top 10 INews NowI stories for August (09/04/2012)
MADISON, Wis. (9/5/12)--A story about how consumers were moving money out of banks and into credit unions long before Occupy Wall Street protests and Bank Transfer Day was the most read News Now article in August.

The top 10 articles in August included:

10. New E-Scan highlights top 10 trends for CUs

MADISON, Wis. (8/3/12)--The Credit Union National Association has released its 2012-2013 Credit Union Environmental Scan, a high-level view of the credit union competitive landscape that credit unions can use as strategic planning tool.

9. Bank fees survey: Fees are rising

FOSTER CITY, Calif. (8/15/12)--"The fee environment worsened for bank customers in virtually every way possible in the first half of the year," according to a new survey from that says banks' fees are rising ( Aug. 14).

8. CUNA has concerns about mortgage servicer proposal

WASHINGTON (8/13/12)--The Credit Union National Association has some serious concerns with the possible regulatory burden and added compliance costs of the proposed regulations for mortgage servicers that the Consumer Financial Protection Bureau issued on Friday.

7. CFPB proposes more rules on mortgage servicers

WASHINGTON (8/10/12)--Credit unions and other mortgage servicers would have to provide clearer monthly statements and would have to take additional steps before foreclosing on a property, under proposed regulations unveiled today by the Consumer Financial Protection Bureau.

6. Employee kidnapped, taken to CU for robbery

FORT WAYNE, Ind. (8/29/12)--A Fort Wayne, Ind., credit union employee was allegedly kidnapped from her home Monday evening and taken to the credit union, where suspects forced her to provide them access to cash before leaving the scene with her car.

5. Study: More debit card usage, more overdrafts likely

LAKE FOREST, Ill. Wis. (8/16/12)--A recent study indicates that debit card use is growing. With that, financial institutions can expect an increased possibility consumers will overdraft their checking accounts, thanks to a "financial tsunami" enacted in 2003, the study said.

4. NEW: CFPB issues final rule on remittance disclosures

WASHINGTON (8/7/12)--The Consumer Financial Protection Bureau (CFPB) just released its long-anticipated rule implementing provisions under the Dodd-Frank Wall Street Reform and Consumer Protection Act that require remittance transfer providers to disclose fees upfront, as well as the exchange rate and the amount to be received by the recipient.

3. Police shoot man who took 12 hostages at CU

LAKEWOOD, Wash. (8/28/12)--Police officers shot and critically wounded a man as he attempted to flee after he held a dozen people hostage, including his estranged wife, at gunpoint inside a Washington state credit union Saturday.

2. CFPB could require option of no-point, no-fee mortgages

WASHINGTON (8/20/12)--After floating the concepts earlier this year, the Consumer Financial Protection Bureau last Friday took the next step and issued a 369-page proposal on new loan origination standards and compensation rules for mortgage loan officers.

1. Study: Deposits at large CUs outpacing banks

CHARLOTTESVILLE, Va. (8/6/12)--Consumers were moving money out of banks and into credit unions long before Occupy Wall Street protests and Bank Transfer Day, according to a study by financial research firm SNL Financial.


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