Should CUs Be Worried or Happy About CFPB's Scrutiny of Captives?
Auto lending experts agree CFPB's actions against the captive finance companies could open up a window of opportunity for CUs, but they warn there could be some negative consequences, too.   more »
Unhappy with the regulator's effort to pare back restrictions on CUs business loans, bankers have taken a page from the CU handbook, sending copious letters to NCUA about its proposed MBL rule. more »
CUs traditionally have reserved big auto loan promotions for June, July and August, but historical car sales data suggests such a seasonal approach means CUs could be leaving money on the table. more »
Retailers' repeated efforts to get courts to reject two class-action settlements get boosted by news that attorneys were exchanging confidential client documents throughout the negotiations. more »
Should credit unions be happy or worried about how CFPB has gone after the auto manufacturer's finance units? The answer: both. more »
Even though Congress adds nearly $5 billion in additional funding to the Small Business Administration's flagship lending program, the problem isn’t solved yet. more »
A Senate bill passed late Thursday provides additional funding but it also requires enhanced reporting on lending and credit quality from SBA. The measure is headed to the House. more »
The Consumer Financial Protection Bureau has issued its final rule for the "Know Before You Owe" mortgage disclosure rule, which is also known as TILA-RESPA or TRID. more »
"Smart Strategies for Growing Loan Portfolios" explores new ways credit unions can pump up their lending volume. more »
Ten credit unions have signed on to CU Direct' AutoPREMIER service, a car-buying solution designed to enhance member service during the auto-buying process and help CUs retain member loans. more »
Legislation requires regulators to study whether FIs without systemic footprints should have to hold higher capital because of their servicing assets. more »
CRIF Select, a division of CRIF Lending Solutions and provider of indirect lending solutions, announced expanded partnership agreements with five credit unions in New Mexico. more »
Walker rejects sections of state budget that would expand payday lenders' authority. more »
Sep 28 – 30, 2015   Las Vegas, NV
The Cosmopolitan of Las Vegas
So You Think Your Credit Union Can Dance?
This is the second year Shreveport, La.-based ANECA FCU has participated in National Dance Day, a project created by the stars of Fox TV's "So You Think You Can Dance." Here's a look at the CU's efforts for 2015.