More than 500 credit unions are now using Credit Union Compliance Management System™ after just six months of national availability. The solution has been adopted by credit unions of every asset size, from below $50 million to over $10 billion.
Credit union board and committee members will come together virtually to discuss pressing industry topics for CUNA Credit Union Board Leadership Virtual Roundtable, Dec.14 and 15. Credit union board and committee members will gain important information from their peers.
The BSA Coalition will host a “Regulatory Focus and Priorities” webinar Thursday, Sept 24, beginning at 10 a.m. (ET). The focus of the webinar is potential regulatory changes and the status of initiatives in 2020. Registration is now open.
CUNA is on track to spend $7 million in support of congressional candidates from both sides of the aisle this cycle It is backing candidates who have a history of standing behind credit unions’ mission to deliver not-for-profit, member-owned financial services.
NCUA awarded $3.7 million in grants and no-interest loans to 162 low-income credit unions, helping them provide affordable financial services to their members and communities during the pandemic. These included NCUA 153 grants totaling nearly $1.5 million and nine no-interest loans of $250,000 each.
A new study on the savings habits of Minnesota credit union members found that prize-linked savings accounts incentivize people to save money for the first time and help change overall savings habits. WINcentive prizes are awarded on a monthly, quarterly, and annual basis, with prizes ranging from $100 to $5,000.
The National Credit Union Foundation launched its CUAid app in July as a way for the credit union system to strengthen the industry’s response in the face of disaster. The app is available for Apple and Android devices, and has a web browser version.
CUNA compliance and advocacy staff joined CUNA Mutual Group and the Illinois Credit Union League Thursday for a town hall meeting on overdraft rules and regulations. Illinois credit unions are among credit unions around the country that have seen an uptick in concerns about overdraft rules.
An engaging new format is now available for HR credit union professionals and experts to connect and focus on the current trends and best practices shaping people management in this tumultuous year. The CUNA HR & Organizational Development Council Virtual Conference Collection will be held on Oct. 8 and 14.