Credit unions and how they help people were the topic of the day not only in the United States but around the world Thursday. International Credit Union Day special events were held, for example, in Brussels; Canada; London, and St. Kitts.
As credit unions worldwide celebrate International Credit Union Day, CUNA President/CEO Jim Nussle offered greetings from Cuba, where he is part of a contingent of credit union leaders working to bring cooperative financial services to the island nation.
CUNA compliance staff has received a number of questions in recent weeks regarding Internal Revenue Service W-9 forms and taxpayer identification numbers. A recent CompBlog entry lists some of those frequently asked questions, along with answers.
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.