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CU credit report rights covered in CU Mag

Credit unions and others that use consumer reports must have a "permissible purpose" to obtain them according to the Fair Credit Reporting Act, and CUNA Director of Compliance Information Valerie Moss has outlined the circumstances under which the FCRA allows a credit bureau to release a credit report to a credit union in the May issue of CUNA's Credit Union Magazine.... More

Majority of consumers support co-op businesses: NCBA/CFA

A recent National Cooperative Business Association (NCBA)/Consumer Federation of America (CFA) survey found more Americans think credit unions and other cooperative businesses have the best interests of their members and customers in mind more than do for-profit businesses.... More

Christian Science Monitor blog: CUs help with debt

Credit unions can be an essential tool for consumers who are looking to get out from under a pile of debt, said a guest blogger in an article posted on the The Christian Science Monitor website.... More

Kase voted CU Magazine's CU Hero of the Year

Ron Kase, president/CEO of Landmark CU, New Berlin, Wis., has been voted Credit Union Magazine's 2012 CU Hero of the Year.... More

Miriam De Dios succeeds Morrow as Coopera CEO

Miriam De Dios has been named CEO of Coopera, according to Affiliates Management Co., the Des Moines, Iowa-based Hispanic consulting firm's parent company.... More

CUs deserve upgraded lending limit, say new op-eds

Credit unions deserve an upgraded member business lending limit, say opinion-editorials in Connecticut and Pennsylvania media. That message also will be a focal point at a credit union booth at a "Putting America Back to Work" event this month in New York City.... More

N.Y. taxi CUs sue state over new licensing law

The Taxicab Service Association--an association of credit union lenders that finance New York City yellow taxi medallions purchases--and four individual credit unions filed a lawsuit Friday in New York State Supreme Court, asking the court to invalidate the HAIL Act, which when passed in 2011 allowed up to 18,000 new taxi licenses in the city. ... More

Two surveys indicate Americans need financial overhaul

Two recent surveys indicate Americans need a finance habit overhaul and represent an opportunity for credit unions to provide financial education to members.... More

La. insurance commission is first to partner with FinCEN

The Louisiana Commissioner of Insurance and the Financial Crimes Enforcement Network (FinCEN) have signed a Memorandum of Understanding that will allow the state and federal regulators to share information meant to better protect the financial industry and consumers from criminal activity and fraud... More

IRS announces 2013 VITA application deadline

Applications for the Internal Revenue Service's Tax Counseling for the Elderly and Volunteer Income Tax Assistance grant programs will be accepted until May 31, the IRS has announced.... More

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