July 2017
news.cuna.org/articles/112491-this-month-in-credit-union-magazine
July 2017

This Month in Credit Union Magazine

CUs are achieving impressive growth by investing in communities.

June 30, 2017

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Good to Grow
Overall, these are pretty good times for CUs. Memberships likely will increase by 3.6% in 2017, according to CUNA research and policy analysis. And many CUs are achieving this impressive growth by investing in their communities.

Leverage Members’ Voices
Working in combination, two CUNA initiatives—the Member Activation Program and the Campaign for Common-Sense Regulation—enable CUs to enlist their members to petition Congress to remove regulatory barriers and expand CU powers and opportunities.

Daily Debit
September’s launch of same-day automated clearing house (ACH) debit payments promises added volume but demands added diligence. The potential effects are more far-reaching than those of same-day credit ACH. CUs must guard against complacency.
 

LEADING EDGE
Navigate change and challenges by creating a new mindset and showing appreciation.

PRESIDENT’S PERSPECTIVE
CUNA’s new engagement strategy will help us meet your needs.

TRENDLINES
Don’t plan for an NCUSIF premium this year, and look ahead to stabilization fund refunds.

STAT SHOT
Use of noncash payments in the U.S.

ADVANCING THE VISION
Two CUs bring financial services to a proud but underserved neighborhood in Tallahassee, Fla.


COMPLIANCE MATTERS
DOL slows enforcement of fiduciary rule.

CFPB STEPS UP OVERSIGHT OF CONSUMER REPORTING MARKET
The agency is concerned about integrity and timeliness of credit report submissions.

UNCOVERING MORE MLA REQUIREMENTS
Certain fees, finance charges play into MAPR calculation.


TWENTYFOUR/SEVEN
Target members’ recurring charges to expand your card portfolio.

TOOLS OF THE TRADE
Level the playing field with larger competitors by taking advantage of core processor capabilities.


WORLDWIDE
World Council support improves access to financial services for Rwanda’s rural poor.
 

BRANCHING OUT
It’s time to support open technology standards.
 

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