MADISON, Wis. (3/29/16)--Technology is the driver behind two important roundtables to be hosted by CUNA next week: the CUNA Payments Roundtable and the all-new CUNA Data Analytics Roundtable. The roundtables will be held back-to-back April 4-7, in one of the nation’s fastest-growing technology communities, Salt Lake City.
Information about credit union members and other consumers is being collected—but credit unions aren’t always sure what do with all of that information and how it will help them provide for their members.
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 Chief Policy Officer/Chief Economist Bill Hampel said there is no immediate concern for credit unions regarding a U.S. appeals court decision to throw out a $1.27 billion penalty levied by the U.S. Department of Justice against Bank of America in connection with questionable mortgages sold by the former subprime giant Countrywide.