CUNA backs proposed delay of payday rule, calls for changes
CUNA supports supposed the proposed delay of the compliance date for the Consumer Financial Protection Bureau’s (CFPB) payday lending rule, but also supports a delay of the entire rule, ...
The latest from John Pettit
NAFCU, at Treasury, gets update on housing finance reform efforts
NAFCU met at the Treasury Department Friday to discuss housing finance reform efforts happening on Capitol Hill as well as credit union priorities for reform. The association has led efforts ...
Lending Perspectives: How will you fund future loans?
As I look back over my career, it’s pretty clear that there are significant reasons why it helps to be a depository lender—one that takes in deposits and ...
Former long-time credit union CEO gets six-month prison sentence
Although former credit union CEO Saundra Torrence originally faced 33 felony counts of embezzlement, theft, fraud and making false entries, she pleaded guilty to only one felony charge for which ...
Three factors that will characterize payments innovation in 2019
2019 will see big changes in the payments ecosystem driven by the upsurge of mobile payments, new reward schemes and fintech-banking partnerships. These changes will help financial organizations cater to ...
Data-related Lessons from…Estée Lauder?
My first job was with Estée Lauder. Well, my first real job—the 40-hour-a-week, punch-a-time-card, wear-a-uniform kind of job. That’s right, a uniform complete with the mandatory 2....
CFPB Winter 2019 Supervisory Highlights
Greetings Compliance Friends! We are excited to kick off our Spring Regulatory Compliance School this week! For those missing out, there is no need to fear as the NAFCU Compliance ...
The transition to non-traditional property valuations
As leaders in the mortgage lending industry, we have the distinct privilege of working directly with key decision makers at lending institutions to learn about their challenges and provide solutions. ...