New white paper focuses on ‘how’ of digital transformation

CO-OP Financial Services has released a new white paper, “Seven Strategies to Accelerate Your Digital Transformation,” providing practical guidance for credit unions positioning themselves for growth in a digital world. “While most financial services providers understand the ‘what and why’ of digital transformation, they are less comfortable with the ‘how,’” said Todd Clark, President/CEO, CO-OP. […]

CFPB appoints Johnson acting deputy director

The Consumer Financial Protection Bureau (CFPB) has appointed Brian Johnson as acting deputy director, the agency announced on Monday. Johnson was the Bureau’s principal policy director. “Brian Johnson is the first person I hired at the Bureau and has been an indispensable advisor,” said Mick Mulvaney, acting director of the organization, in a statement. “Brian […]

NCUA finalizes changes to two regulations

The NCUA has published two final rule changes in the Federal Register. These changes involve Field of Membership (FOM) and voluntary mergers. Regarding the FOM rule, the NCUA board is reviving a previously used method, submission of a narrative, to establish a well-defined local community. When the proposed community’s population is above 2.5 million people, […]

CUNA announces new member forum for advocacy

Credit Union National Association today launched a free online community for its members. The Member Activation Program (MAP) Community is an open forum where credit union industry professionals can freely discuss advocacy matters affecting credit unions, communications, advocacy best practices for credit unions and exchange ideas and resources to better advocate for credit unions. “Finding time to […]

Washington Wire – July 10, 2018

The House and Senate are both back in session this week after last week’s Fourth of July holiday. The House of Representatives will consider H.R. 2075, the “Crooked River Ranch Fire Protection Act;” H.R. 6237, the “Matthew Young Pollard Intelligence Authorization Act for Fiscal Years 2018 and 2019;” H.R. 50, the “Unfunded Mandates Information and Transparency […]

NCUA to host Share Insurance webinars

Share insurance is a fundamental part of the nation’s credit union system, and credit union professionals can learn more about how it works on two upcoming webinars hosted by the National Credit Union Administration. The first, “Looking for a CURE for Share Insurance? – Part One,” is scheduled for July 18, beginning at 2 p.m. […]