Inciting change at your CU through collaboration is easier to talk about than do, said Welby Altidor, director of creation for Cirque du Soleil. He experienced an epiphany trying to improve the operations of his own organization. "I realized every time I was complaining about not being able to collaborate with my colleagues, I was doing the same thing they were doing."
Collaborate is a verb, said Altidor, and he took it upon himself to build bridges between teams and projects instead of complaining about how it doesn't happen. One project he worked on was understanding who Cirque de Soleil's audience is. "You have to understand the aspirations of the audience you're trying to move," Altidor said.
Since CUNA’s compliance staff compiled a list of changes in mortgage interest reporting under the IRS’s Form 1098, several questions have arisen. CUNA’s compliance staff has been able to connect with a coalition of consumer mortgage lenders to provide answers.
Following its groundbreaking comprehensive study on regulatory burden, CUNA released its new Regulatory Burden Calculator that allows individual credit unions to assess the impact of regulation on their operations.
After months of advocacy by CUNA, the CFPB Thursday wrote to CUNA announcing it will initiate a rulemaking this summer to address issues with the bureau’s Truth in Lending Act-Real Estate Settlement Procedures Act integrated disclosures rule.