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CU satisfaction with exams is at 58%

CUNA News Now Headlines 03/27/2014 - Provided as a courtesy and valuable service of the Credit Union National Association

CUNA: CUs' dissatisfaction with exams ticks up

Based on results of CUNA's ongoing survey of credit unions' satisfaction with the federal and state examination processes, as of February 2014 more credit union CEOs were satisfied with their exams (58%) than dissatisfied (27%), although this finding has slipped slightly from 2012's results of 61% and 25%. More

Member experience at CUs high across channels

Credit unions continue to be heralded for their excellent service--in person and online, according to two recent surveys from the American Customer Satisfaction Index and the Temkin Experience Ratings. More

Hill report alleges Target weaknesses leading to data breach

U.S. retailer Target missed several opportunities to stop last year's data breach that compromised about 40 million debit and credit card numbers and the personal information of 70 million customers, a new Senate Commerce Committee report has revealed. More

Fin. Services Dems seek review of financial regulators' workplace policies

In the wake of allegations of workplace discrimination at the Consumer Financial Protection Bureau, a group of House Financial Services Committee Democrats has asked the inspector generals of the National Credit Union Administration and all the federal financial regulatory agencies to examine the workplace practices of those agencies. More

Maine CU ready to help workers after plant closes

Sebasticook Valley FCU, with $78 million in assets, Pittsfield, Maine, has extended an offer of assistance to its membership after a business announced plans to shut down a local plant next year--costing about 300 jobs. More

CU difference more than tax status: Minn. Business

Minnesota Business Magazine recently ran an article describing the "war" raging between credit unions and banks. The piece also highlighted the key differences between the two types of financial institutions, with credit unions serving members and banks paying dividends to stockholders. More

FHFA announces $9.3B PLS settlement with BoA Corp.

The Federal Housing Finance Agency, as conservator of Fannie Mae and Freddie Mac, announced Wednesday that it has reached a settlement in cases involving Bank of America, Countrywide Financial, Merrill Lynch and certain named individuals totaling approximately $5.83 billion. More

NCUA kicks off Fin. Lit. events in five days

Make sure you're ready: Financial Literacy Month arrives in just five days. More

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CUNA Microsites are ready-to-use financial education websites for your members that increase awareness of your credit union’s products and services. These affordable, impactful resources support your marketing initiatives and fit the financial needs of each of your membership audiences.

CUNA to take on the future of payments in Las Vegas this spring

Big Data, Bitcoin, Mobile Payments - what does it all mean, where is it going and how can you stay one step ahead? Meet with top providers and more than 20 of the largest credit unions in the nation at CUNA Payments Roundtable, May 5-6, 2014 in Las Vegas, for discussions to explore the implications for the new era of payments systems and shape our industry’s approach to payments as a whole.

Discussion topics will include:

  • The State of Technology & Payments
  • The Rapidly Evolving Mobile Payment Landscape
  • Bitcoin: What it is and Why it’s Gaining Interest
  • Setting a Direction for Your Payments Strategy
  • And more

Know where you stand in the new payments arena. Register today.

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