When 17 to 20 inches of rain pounded Nashville during the first weekend of May, Michael Bittle knew staff of Vanderbilt University
Employees Credit Union would have to hit the ground running the following Monday to help members.
The second phase of Same Day ACH rollout has a Sept. 15 effective date, and a list of recommended action items to be performed has been released. All financial institutions must be prepared to receive by Sept. 15.
CUNA President/CEO Jim Nussle called for action as CUNA’s bipartisan, pro-consumer Campaign for Common-Sense Regulation has successfully pushed financial reform to the “head of a crowded field of issues" with the release of Rep. Jeb Hensarling's financial bill.