The Credit for Agriculture Producers Project in the Ukraine organized and hosted an engagement visit for international credit union experts, composed of members of World Council of Credit Unions and the Global Women’s Leadership Network to Ukraine from July 28 to Aug. 2.
The July 2017 edition of the CUNA Economic Update is now available. Hosted by CUNA Vice President of Economics & Statistics Mike Schenk and sponsored by CUNA CFO Council, the update provides a snapshot of the economy and the credit union movement’s financial performance as the third quarter begins.
The World Council of Credit Unions published a comment letter in response to the Financial Action Task Force’s proposal regarding anti-money laundering/counterfinancing of terrorism information sharing in the private sector.
The CFPB should recognize that credit unions are good faith partners for members seeking to buy homes, and should modify its ability-to-repay/qualified mortgage (ATR/QM) rule accordingly. CUNA’s comments come in response to a CFPB assessment of its ATR/QM rule.
Graduates of the 2017 CUNA Management School, held July 16-26 in Madison, earned 52 Certified Credit Union Executive (CCUE) designations. Awarded upon completion of all three years of the school, the designation signifies full knowledge of and preparedness for credit union leadership.
During the last general session of the 2017 World Credit Union Conference in Vienna, Austria, Simon Mainwaring, brand consultant and founder of We First, Inc., urged credit unions to share a story that resonates with consumers.
Halfway through its second year, WINcentive, Minnesota credit unions’ prize-linked savings program, has helped the state's credit union members save more than $3.5 million, with almost 500 new accounts opened.
CUNA’s final rule analysis of the CFPB changes to the TRID rule is now available. The rule, published in the Federal Register this week is effective Oct. 10, with a mandatory compliance date of Oct. 1, 2018.