Last October, I was in Kenya with World Council of Credit Unions representatives. As I bounced along a rural road outside
Nairobi, two of my Kenyan traveling companions had this conversation:
Fundraising campaigns by credit unions in Oregon and southwest Washington last year resulted in a donation of more than $617,000 to Doernbecher Children’s Hospital on behalf of CUs for Kids. The donation is largest single-year contribution thus far by the campaign and topped last year's contribution by more than $100,000. READ MORE
Six federal agencies published guidance last week designed to ensure all depository institutions are aware of expectations when it comes to deposit reconciliation. CUNA’s compliance explains what it means for credit unions in a recent CompBlog post.
CUNA is concerned with a report on consumer testing used by the CFPB to analyze periodic statement forms for consumers in bankruptcy, but concurs with some of its findings. The bureau issued a report in February on its study.