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.
CUNA’s compliance staff went back to basics in a recent CompBlog post highlighting what credit unions should do when they receive a garnishment notice. The entry covers 5 steps credit unions should follow.
The House Financial Services Committee will conduct a hearing on Rep. Jeb Hensarling’s (R-Texas) Financial CHOICE Act next week. CUNA President/CEO Jim Nussle said CUNA appreciated the effort to bring regulatory relief to credit unions and other institutions.