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CU lending outpaced savings in 2013

CUNA News Now Headlines 2/5/2014 - Provided as a courtesy and valuable service of the Credit Union National Association

CU loans outpace savings for first time since '07: CUNA

Credit union lending outpaced savings in 2013, the first time that has happened since 2007, according the Credit Union National Association, which Tuesday released its monthly sample of estimates for December. Credit unions reported loan balances rose 6.8% last year, up from the 4.8% in 2012. More

Callahan CEO to succeed Plauda at Illinois league

Sean Hession, current president/CEO of Callahan and Associates in Washington, D.C., has been named to succeed Dan Plauda as president of the Illinois Credit Union League. More

Senators call for faster breach notification from merchants

"American consumers deserve to know when their private information has been compromised and what a business is doing in response to a cyberattack," Sen. Patrick Leahy (D-Vt.) said during a Tuesday Senate Judiciary Committee hearing. More

Bad-news weather bears down on Kansas CUs

Credit unions throughout Kansas closed early Wednesday as much of the state was expected to receive up to 10 inches of snow. More

CUs' small-biz support highlighted in NJ Business

Credit unions in New Jersey last year expanded their small business loan portfolios faster than the national average, according to a profile of the state industry in New Jersey Business magazine. More

Conn. league watching sales-tax exemption

The Credit Union League of Connecticut and state credit unions are requesting a sales-tax exemption for state-chartered credit unions, given there is a projected general fund surplus of $117.1 million in fiscal year 2014, as this year's state legislative session convened today. More

CUNA unveils new Hill visit materials to prep GAC attendees

The 2014 CUNA Governmental Affairs Conference is just three weeks away, and CUNA legislative staff have assembled a wealth of new materials to make sure credit union supporters are prepped for their Capitol Hill visits. More

NCUA sets Feb. 19 field of membership webinar

Looking to expand your federal credit union's charter, or change charters? The National Credit Union Administration will discuss field of membership strategies for federal credit unions during a Feb. 19 webinar. More

Company ordered to stop using 'credit union' in loan ads

A marketing company in California agreed to a 2012 cease-and-desist order by the Michigan Department of Insurance and Financial Services to stop misusing the term "credit union" to market loan products. More

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CUNA Resources

Guide your credit union’s risk management culture.

Regulators and consumers are asking more questions about what financial institutions are doing to manage risk and many credit unions are starting the process of implementing an enterprise-wide program. Attend CUNA Enterprise Risk Management for Directors & Executives, April 27-30, 2014 in Miami, FL, for the resources and strategies to establish a risk management culture at your credit union and, ultimately, make better business decisions.

  • Learn the details of ERM, from definition to implementation
  • Hear expert insights and advice from The Rochdale Group
  • Network with fellow credit union decision-makers
  • Build risk management strategies for your credit union

Register early and save $200!

National Credit Union Youth Week to makes waves this April

Credit unions celebrate youth in April. Join in the celebration all month, especially during National Credit Union Youth Week™, April 20-26, 2014, using this year’s theme, Catch the $ave Wave™, to focus on attracting younger members and increase the loyalty of their parents.

Dive in and discover extra savings for your celebration! Order by February 20 and enter to win free shipping up to $50; three winners chosen. Order by March 7 and save up to 10%.

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