ARLINGTON, Va.—A final risk-based capital rule is likely this year, but analysts say whether that happens or not depends largely on the number of comments, how much work NCUA has to do to address the feedback and if Congress intervenes.
ALEXANDRIA, Va.—When it comes to how to define “small,” should credit unions be measured against other credit unions, or against all financial services providers?
WASHINGTON—Despite the fact a final risk-based capital rule will almost certainly be published within the next 12 months, CUNA and NAFCU say the final judgment on RBC can only be made once a new interest rate risk rule is delivered.
BOSTON—The grueling winter that has hit Boston—100 inches of snow, blizzards, impassable roads and public transportation shutdowns—have made doing business tough, but not impossible for CUs in Bean Town.
ARLINGTON, Va.—Consensus among credit union experts is that a legal challenge to NCUA’s authority to establish a two-tier risk-based capital rule won’t occur—yet there are those not ruling out the possibility.
ALEXANDRIA, Va.—Love means never having to…pay too much. Or at least that’s the message from credit unions around the country this Valentine’s Day, with numerous loan specials being tied to the holiday, along with advice and reminders that love may be blind, but it can come with a price tag.
ATLANTA—Credit union interest in offering a private health insurance exchange to members continues to be limited, but participation should pick up in 2015, predict analysts who see the online exchanges eventually working for CUs—and for more than health insurance.
SAN CARLOS Calif.—Is the rush by credit unions to enroll in Apple Pay as a play to keep and attract Millennials leading credit unions to take their eyes off the true costs of the new payments solution?
BIRMINGHAM, Ala.—A new study reveals that anonymized credit card data that masks the purchaser's name, card number and other factors may not be as "anonymous" at it seems.
BOSTON—The rush to enroll with Apple Pay may have some FIs overlooking standard security protocols, widening the door for fraudsters, several sources have told CUToday.info.