Wisconsin Gov. Scott Walker signed a package of credit union regulatory reforms into law Wednesday; action that will ease regulatory burden for the state's credit unions and remove barriers they face when serving their memberships.
The basics of credit union payday alternative loans and advice for
credit unions looking to start up their own programs were addressed
during a Wednesday National Credit Union Administration webinar.
Regulators' interest in credit union service organizations should
focus specifically on the impact these organizations' services deliver
to credit unions rather than their overall safety and soundness, John
Kolhoff, chairman of the National Association of State Credit Union
Supervisors, said this week.
Economic activity improved almost uniformly throughout the U.S. from mid-February through March, according to the Beige Book, a wide-ranging summary of economic conditions across the country published by the Federal Reserve.
With economic activity starting to sizzle, at least one small Arkansas-based credit union has been leveraging the upward trend into gains in loan growth, while also sharing its secrets for success.
So-called "Gen Y" adults search for mobile tools, rewards programs and cash-back options more than older generations when selecting a financial institution, a Kasasa study released Wednesday found.
A comment letter from the World Council of Credit Unions suggests
revisions to international guidance on a risk-based approach to
anti-money laundering and countering the financing of terrorism
compliance. The changes would help to promote financial inclusion and to
limit regulatory burdens on credit unions and other less complex