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News Now

August 29, 2014

Home-state visits connect lawmakers, CU members

CU System
Credit unions reported several productive home-state visits with lawmakers this week. ReadMore

8 CU advisory members, senior leaders named by CFPB

Washington
The Consumer Financial Protection Bureau has announced new members of the Credit Union Advisory Council, as well as new senior leaders and other advisory board members. ReadMore

Branch contact still important, says CU satisfaction index

CU System
The importance of branches to members continues to see-saw, according to the CFI Group's latest Credit Union Satisfaction Index. Potential members see them as a key reason to join a credit union. Current members appreciate the way they are treated at their branch but are looking for new channels such as mobile for service. ReadMore

Wal-Mart to issue EMV MasterCards within next few weeks

Washington
Wal-Mart has announced holders of its branded MasterCard will be receiving new cards with EMV chips embedded within the next few weeks. ReadMore

Next major financial shock will come from cyberattack, says IOSCO head

Washington
Cybercrime is a "sleeper issue" with the potential for huge impact on markets, says Greg Medcraft, chairman of the board of the International Organisation of Securities Commissions, according to a report Monday in the Financial Times . ReadMore

World Council encourages charity focus for ICU Day

CU System
International Credit Union Day's theme of "Local Service. Global Good." gives credit unions a chance to make a difference for the charity of their choice, noted the World Council of Credit Unions. ReadMore

CUNA closed for Labor Day, No News Now

CU System
The Washington, D.C., and Madison, Wis., offices of CUNA will be closed Monday in observance of Labor Day. ReadMore
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News Now LiveWire
Expanded ATM services at branches attractive to members: @CFIGroup. See #NewsNow Friday
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#FinCEN imposes civil money penalty against NJ's BPI money services co. for #BSA violations http://t.co/WnDzOcxdOZ
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.@ABCULCUs give hat tip to America's #100MM #creditunion milestone http://t.co/q8yo6Lx3LM
16 hours ago
The @CFPB has announced new Credit Union Advisory Council members, as well as other senior leaders, advisory board and council members.
17 hours ago
GDP expanded 4.2% on an annualized basis in 2Q according to Bureau of Economic Analysis
17 hours ago