From left: Cari Humphries, AVP of marketing, Freedom First FCU, Salem, Va.; Paul Phillips, CEO, Freedom First FCU; and Pete Dzuris, CEO of Northland Area FCU, Oscoda, Mich., CUNA Board member, and chairman of CUNA’s Community CU Committee.
From left: Pam Rowe, board member, BayPort FCU, Newport News, Va.; Monte Crowl, vice president of marketing, BayPort FCU; and Dzuris.
Dzuris and Paul Woodruff, vice president of community development, St. Louis (Mo.) Community CU.
Dan Cumbee, CEO, Dakotaland FCU, Huron, S.D., and Dzuris.
Consumer Financial Protection Bureau Director Richard Cordray will step down from the agency by the end of the month after serving since 2013. CUNA President/CEO Jim Nussle said CUNA looks forward to a new era at the bureau, one that takes credit unions’ structure and purpose into account during rulemakings.
Credit unions now have less than six months to come into compliance with FinCEN's Customer Due Diligence rule, effective May 11, 2018, which includes provisions on identifying the beneficial owners of legal entity accounts.