News Archives

CFPB issues policy statement on ‘abusive’ acts or practices

CFPB issues policy statement on ‘abusive’ acts or practices

The Consumer Financial Protection Bureau (CFPB) issued a policy statement Friday outlining its approach to the “abusiveness” standard in supervision and enforcement matters. CUNA has long recommended the CFPB act to clarify the scope and [...]

It’s all about the experience

It’s all about the experience

What will really drive card loyalty in the not-too-distant future? The experience, and not so much the offer, sources are predicting. Pricing and perks have long been up front in the window display when it [...]

Open membership associations may lead to long-term growth

Open membership associations may lead to long-term growth

For many credit unions, the options to expand their field of membership (FOM) are limited and heavily regulated. Multiple-common bond credit unions, as a result, are increasingly turning to adding an open membership association to [...]

Consumers’ surprising views on the future of banking

Consumers’ surprising views on the future of banking

The usual view of the future of banking comes from industry observers and key players within the industry, who represent important viewpoints, to be sure. Yet consumers deal with banking issues frequently, if not daily. [...]