CECL resources available

Posted by phazlett and filed under Association, Compliance.

Stephen Nelson, VP of Credit Union Support at the Utah Credit Union Association, recently shared some resources primarily geared toward helping smaller and mid-sized credit unions meet CECL requirements.  The resources are on the Utah Credit Union Association website https://www.utahscreditunions.org/resources/123/ and include: 8 videos covering just about everything in the … Read More

CU Solutions Group and state credit union leagues form national CUSO to acquire credit union sector rights of the AffirmX Compliance Solutions Suite

Posted by phazlett and filed under Association, Compliance.

Livonia, Mich. — April 18, 2019 — The Mountain West Credit Union Association (Colorado, Arizona, Wyoming), Maryland & DC Credit Union Association, Indiana Credit Union League, Credit Union League of Connecticut, Cornerstone Credit Union League’s league service corporation, CU Resources (Texas, Oklahoma, Arkansas) and CU Solutions Group (CUSG) — a … Read More

Senate confirms Kathy Kraninger as BCFP director

Posted by phazlett and filed under Advocacy, Association, Compliance, General.

The Senate voted today to confirm Kathy Kraninger as the next director of the Bureau of Consumer Financial Protection. Kraninger replaces Acting Director Mick Mulvaney, and will serve a five-year term as director. “We’re pleased to have a new permanent director leading the BCFP, as credit unions and other parts … Read More

New Compliance Communities Announced

Posted by phazlett and filed under Association, Compliance, News Releases.

MADISON, Wis., and WASHINGTON (May 23, 2018) – Support and information on state and federal regulations is now available in one central hub. After successful beta testing, three leagues have joined CUNA for the inaugural launch of CUNA & League Compliance Communities. These new communities, an extension of the CUNA … Read More

MWCUA holds reception for Myklebust

Posted by phazlett and filed under Association, Compliance.

The Mountain West Credit Union Association held a reception for former Division of Financial Services Commissioner Chris Myklebust on Thursday, January 18, 2018 in the Grant Street office in Denver. During his two terms as Commissioner, Mr. Myklebust served both the public interests, and the interests of credit unions, in … Read More