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01/31/2014

CUNA urges CU comment on 'critical' capital proposal.

CUNA News Now Headlines 1/31/2014 - Provided as a courtesy and valuable service of the Credit Union National Association

CUNA encourages CUs to weigh in on critical capital proposal

CUNA is urging credit unions to weigh in on the National Credit Union Administration's proposed risk-based capital proposal. "This is a critical proposal and as many credit unions as possible should share their assessments and concerns," CUNA Deputy General Counsel Mary Dunn emphasized. More

Data protection a shared responsibility: Cheney in PaymentsSource

Protecting consumers following a data breach is a "shared responsibility," and "everyone, merchants included, must do their part," CUNA President/CEO Bill Cheney said in a PaymentsSource editorial published Thursday. More

Interactive GAC breakout session to explore risk-based capital proposal

In response to increased interest in the National Credit Union Administration's risk-based capital proposal, CUNA added a special breakout session to its Governmental Affairs Conference in Washington, D.C. More

Risk-based capital plan is latest 'Inside Exchange' topic

The basics of the National Credit Union Administration's proposed risk-based capital framework for credit unions, and credit union concerns regarding the proposal, are addressed in the latest edition of CUNA's "Inside Exchange." More

House, Senate add data security hearings to next week's agenda

A House Energy and Commerce subcommittee has announced a Feb. 5 hearing titled "Protecting Consumer Information: Can Data Breaches Be Prevented?" The Senate has announced two data security hearings for next week. More

Arch Capital Group completes CMG Mortgage Insurance Co. acquisition

Arch U.S. MI Holdings Inc., the U.S.-based subsidiary of Arch Capital Group Ltd., Thursday completed the acquisition of CMG Mortgage Insurance Co. from CUNA Mutual Group and PMI Mortgage Insurance Co. More

Condition improves at conserved Ariz.-based FCU

The financial condition of AEA FCU, Yuma, Ariz., improved during the year just ended. The $234 million-asset credit union was placed into conservatorship in December 2010. More

Minn., R.I. policymakers win state Desjardins awards

This year, two state policymakers--Minnesota Commerce Commissioner Mike Rothman and Rhode Island General Treasurer Gina Raimondo--were awarded the Desjardins Financial Education Award for State Government Policymakers. More

Chatzky: Hope is not a financial strategy

Hoping for the best is a positive approach to most situations in life, but not when it comes to personal finance, according to money expert Jean Chatzky who was a guest on the Cornerstone Credit Union League's "Your Money Your Matters" Blog Talk Radio show Wednesday. More

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CUNA Resources

Guide your credit union’s risk management culture.

Regulators and consumers are asking more questions about what financial institutions are doing to manage risk and many credit unions are starting the process of implementing an enterprise-wide program. Attend CUNA Enterprise Risk Management for Directors & Executives, April 27-30, 2014 in Miami, FL, for the resources and strategies to establish a risk management culture at your credit union and, ultimately, make better business decisions.

  • Learn the details of ERM, from definition to implementation
  • Hear expert insights and advice from The Rochdale Group
  • Network with fellow credit union decision-makers
  • Build risk management strategies for your credit union

Register early and save $200!

National Credit Union Youth Week to makes waves this April

Credit unions celebrate youth in April. Join in the celebration all month, especially during National Credit Union Youth Week™, April 20-26, 2014, using this year’s theme, Catch the $ave Wave™, to focus on attracting younger members and increase the loyalty of their parents.

Dive in and discover extra savings for your celebration! Order by February 20 and enter to win free shipping up to $50; three winners chosen. Order by March 7 and save up to 10%.

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