Credit unions could be freed up to spur more economic growth if Congress exempted many – if not all – of them from CFPB rulemaking and enforcement, trade groups told the Senate Banking Committee this week. “By more clearly directing the CFPB to...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
Breaches Continue to Surpass 2016’s Record Pace
The Identity Theft Resource Center compared the number of breaches by industry sector for 2016 and 2017. Somewhat unnoticed in the midst of tax-season fraud and other cybersecurity headlines is the fact that the U.S. business sector has seen a 54% jump in the number...
Credit Cards Drawn More Often for Petty Purchases
Shoppers are using their credit cards more frequently on small purchases that they typically handled with cash in the past. A survey by CreditCards.com found that 17% of credit card holders said they most frequently use a credit card when buying items under $5 in a...
Campaign Attracts Younger, More Diverse Advisors
The CFP Board Center for Financial Planning has launched a campaign to attract younger and more diverse individuals to the industry. Called I am a CFP Pro, the campaign is accessible online and features a diverse group of young people telling their stories about how...
Employers Invest in Wellness: Infographic
Wellness is the top area of investment and strategy for employers in 2017.
FocusReport: Human Resources & Benefits
Workplace diversity: It's on the minds of most organizations’ leaders, but not all have been proactive in its implementation.