News Archives

SPIRE CU unveils new charitable giving app for CUs

SPIRE CU unveils new charitable giving app for CUs

Falcon Heights, Minn.-based SPIRE Credit Union and Minneapolis-based venture studio DNT BLNK launched a new industry app this month called NetGiver, which allows members to donate to charities directly from their credit union checking [...]

Should your credit union move to managed patching?

Should your credit union move to managed patching?

There are plenty of odious tasks in the credit union industry. That goes double for operations staff. But few of those tasks are worse than patching. That’s why managed patching services exist for credit [...]

The benefits of implementing debit card payment options

The benefits of implementing debit card payment options

Companies in every industry have had to adapt to growing consumer expectations for financial interactions that are fast, easy, and secure. Experiences with online retail firms like Amazon have conditioned consumers to expect a seamless [...]

Recent funds availability FAQs

Recent funds availability FAQs

Whether driven by inventive fraud schemes or the Federal Reserve’s reopening of a 2011 proposal, we have seen an uptick in questions from credit unions related to Regulation CC’s funds availability requirements over [...]

2-day CUAC meeting features remittance, debt collection talks

2-day CUAC meeting features remittance, debt collection talks

CUNA attended the two-day meeting of the Consumer Financial Protection Bureau’s (CFPB) Credit Union Advisory Council Wednesday and Thursday. The CUAC advises the bureau on regulating consumer financial products or services, from the perspectives [...]

Mortgage lender fined $1.75M for inaccurate HMDA data

Mortgage lender fined $1.75M for inaccurate HMDA data

The CFPB has fined Freedom Mortgage Corporation $1.75 million for filing inaccurate Home Mortgage Disclosure Act (HMDA) data. Freedom is one of the 10 largest HMDA reporters in the nation. In a release, the [...]

A walk through CUAid history: 2005 Hurricane Katrina

A walk through CUAid history: 2005 Hurricane Katrina

June marks the beginning of hurricane season and at the Foundation, we are trying to raise awareness for disaster preparedness all month. While it’s something that you hope never happens to you, it’s [...]