FARMINGTON HILLS, Mich. (4/11/16)--GreenPath Inc., a CUNA Strategic Services strategic alliance provider, is now operating as GreenPath Financial Wellness, with a commitment to assisting consumers with financial challenges beyond debt.
CUNA Mutual Group is enhancing its collateral protection solutions for credit unions to address emerging risks to their loan portfolios related to the growing popularity of transportation network companies such as Uber and Lyft.
The California and Nevada Credit Union Leagues have signed a marketing agreement with Monrovia, Calif.-based Financial Technology Solutions International Inc. (FTSI) to provide ATM machines, maintenance services and branch transformation technology to the leagues’ member credit unions.
LSC’s EZ Launch program has resonated so well with credit unions and members that the Illinois Credit Union League subsidiary has approved as many applications since May 1 of this year as in all of 2014.
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.