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News Now

August 28, 2014

New NCUA board member McWatters outlines action priorities

J. Mark McWatters, one day after being sworn in as the newest National Credit Union Administration board member, has announced his top priorities for his term at the agency. ReadMore

Kresge grants support unbanked efforts by CUs, social agencies

CU System
Three credit unions are wrapping up their first year of financial capability partnerships with human services agencies made possible through a $530,000 grant from the Financial Capability Partnership Initiative. ReadMore

Gallego wins Ariz. primary with help from CUs

Ruben Gallego, Marine veteran and credit union-supported candidate in Arizona's 7th Congressional District, emerged victorious in Tuesday's Democratic primary. ReadMore

Ga. members lend voices to 100M membership video

CU System
The Georgia Credit Union Affiliates highlighted the credit union movement's 100 million memberships milestone recently by recording interviews with members of Georgia United CU who described in their own words what consumers like best about credit unions. ReadMore

Ed. Dept. adopts new SCRA procedures for FFEL lenders

There are new procedures for Federal Family Education Loan lenders to determine if borrowers are eligible for benefits under the Servicemembers Civil Relief Act, the U.S. Department of Education announced this week. ReadMore

$5 coffee? Cash or card depends on age, says

CU System
Consumers, especially the younger generation, are using credit and debit cards for the smallest of purchases, such as cups of coffee and packs of chewing gum, according to a new survey by ReadMore
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News Now LiveWire
Expanded ATM services at branches attractive to members: @CFIGroup. See #NewsNow Friday
5 hours ago
#FinCEN imposes civil money penalty against NJ's BPI money services co. for #BSA violations
8 hours ago
.@ABCULCUs give hat tip to America's #100MM #creditunion milestone
8 hours ago
The @CFPB has announced new Credit Union Advisory Council members, as well as other senior leaders, advisory board and council members.
9 hours ago
GDP expanded 4.2% on an annualized basis in 2Q according to Bureau of Economic Analysis
10 hours ago