Mork named chief of staff at CFPB

Committee Chairman Jeb Hensarling (R-TX) announced Kirsten Sutton Mork will become chief of staff at the Consumer Financial Protection Bureau in the coming weeks. Mark is staff director at House Financial Services Committee and spent four years as the House panel’s deputy staff director and had been Hensarling’s legislative director and financial services policy adviser. […]

4 simple digital marketing tactics you can’t ignore in 2018

Financial marketers are continuously confronted with the tough challenge of balancing between engaging customers on a personal level and achieving digital scale with their marketing efforts. More specifically, financial marketers need to reach customers and members with detailed financial messages and educate consumers on a complex suite of products and services … all at scale. […]

PolicyPro helps CUs meet regulatory burden

PolicyPro is an excellent tool that can help you meet your regulatory burden. The newsletter is distributed monthly to the LSCU’s credit union affiliates by Bill Berg, the League’s VP, Compliance Training and Information. The most recent issue included updates, such as: The Federal Reserve Board (FRB) makes adjustments to the reserve thresholds within Regulation […]

Visa survey confirms American consumers want to use biometric technology

A new Visa survey of 1,000 Americans exploring awareness and perceptions of biometric authentication confirms that consumers continue to have a strong interest in new biometric technologies that make their lives easier. New forms of authentication, such as fingerprint, facial, and voice recognition, can make unlocking accounts and payments much easier and more convenient than […]

CUNA outlines bold new advocacy agenda for 2018

CUNA’s new and bold advocacy goal for 2018 is to revolutionize the operating environment for credit unions. This agenda has four main points: reduce regulatory burden, expand and protect credit union powers, enhance payment security, and preserve the credit union tax status. “We spent a good deal of time last year working with our members […]

Tax law has big impact on home equity loans

The new tax law Donald Trump signed into law just before Christmas will change the game for homeowners who used home equity to finance other big ticket items in their lives. According to CU Journal, “Under the old law, homeowners who took out a second loan of up to $100,000 could deduct the interest from […]