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February 27, 2015

Inside Washington (2/27/15)


WASHINGTON (2 27 15) According to a recent report presented last month to the U.S. Congress by the special inspector general (SIG) for the Troubled Asset Relief Program (TARP), Christy Romero, a federal


CUNA: Cyberthreat center could be helpful, more needed to address CUs' concerns

While CUNA supports the concept of information sharing as a key component to combating cyberthreats, a new White House initiative does not go far enough in addressing cybersecurity issues for credit unions. ReadMore

Amias Gerety nominated for Treasury's asst. sec. of FIs

President Barack Obama has announced the nomination of Amias Gerety to the position of assistant secretary for financial institutions at the U.S. Department of the Treasury. ReadMore

FTC files complaint against debt relief scammers

A company advertising debt relief services but failing to provide them is the subject of a federal district complaint brought this week by the Federal Trade Commission. ReadMore

Tweets tell savings story during NCUA Twitter chat

Credit unions and their members shared tips for building up savings in a Twitter chat Thursday held as part of America Saves and Military Saves Week. ReadMore

'Patent troll' hearing furthers conversation on combating abusive demands

The U.S. House Energy and Commerce Committee explored the best ways to limit deceptive patent demand letters in a hearing Wednesday. ReadMore

Annual inflation drops for 1st time since 2009

Largely fueled by the price of oil, the consumer price index dropped 0.7% in January, the largest monthly step back since November 2008. ReadMore

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Boutwell, Houston honored for service by GCUA

CU System
The Georgia Credit Union Affiliates announced the two recipients of the league's highest honors. ReadMore

CCUA hosts NASCUS college for CU directors

CU System
The Cooperative Credit Union Association hosted the National Association of State Credit Union Supervisors Directors College this week, with members from Massachusetts, New Hampshire and Rhode Island all represented. ReadMore

CU System briefs (2/27/15)

CU System

MADISON, Wis. (2 27 15) Submissions are now being accepted for proposed themes for this year's International Credit Union Day, set for Oct. 15


Calif., Nev. CUs REACH for innovation

CU System
The California and Nevada Credit Union Leagues' REACH Innovation Group officially launched last week with a two-day experiential learning session, immersing the 17 participants in the Filene Method of Innovation. ReadMore

CUs as public funds depositories high on Fla. legislative agenda

CU System
Public funds depository choice will be the top legislative priority of the Florida Credit Union Association when the Florida Legislature convenes Monday, the League of Southeastern Credit Unions said. ReadMore

Bankrate highlights CU affordability vs. banks: 'No surprise,' says Nussle

CU System
Credit unions continue to offer free checking accounts to their members at a high rate, while more and more banks continue to charge for them, according to a recent report from . CUNA President/CEO Jim Nussle says that with their lower fees and better rates, more and more Americans are discovering that credit unions are their best financial partner. ReadMore

CUNA, Coopera release new toolkit for outreach to Spanish-speaking members

CU System
CUNA and Coopera have announced the latest addition to their partnership product suite, the Spanish Language Seminar in a Box for Members series--Organice sus Archivos Financieros. The seminar, which translates to Organize Your Financial Records, was created to help credit unions better serve their Hispanic members. ReadMore

6 ways to score senior discounts

Aging has its perks, in the form of some outstanding discounts. For example, the National Parks and Federal Recreational Lands senior pass costs $10 and gives adults age 62 and older lifetime access to 2,000 parks and recreation areas. ReadMore

ProfitStars, SmartPay Express supports small biz payments

ProfitStars, a division of Jack Henry and Associates, has introduced an online payment and donation platform for businesses. ReadMore

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