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INTERNATIONAL REMITTANCE UPDATE
updated 06/20/13 04:52 PM
Two Webinar Dates Available
If you missed Catalyst Corporate FCU's first International Remittance Update Webinar last week, you have two more opportunities to participate. Catalyst will repeat the webinar on July 11 and July 23.

During the webinar, Catalyst provides an overview of Section 1073 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, highlighting modifications that were incorporated into the 2013 final rule. A detailed discussion follows on various aspects of the disclosure process, including when disclosures are required, what information must be included in a disclosure, timing connected with the disclosure, how the wire process might look with the disclosure built into the process, and error resolution.

Catalyst also introduces its proprietary solution for international wires: a direct interface with JP Morgan, along with programming enhancements within TranZact, and Catalyst's online account management system to automate and simplify the back-end process for credit unions. The seamless solution does not require integration effort on the part of credit unions.

Click here for more information or to register!

 
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GIGI HYLAND TALKS PHILOSOPHY AT WCMS updated 07/21/14 04:11 PM
Foundation Leader Addresses Colloquium
The foundational philosophy of credit unions isn’t dead. But keeping true to the movement’s ideology means staying nimble in how it’s executed and harboring an open mind to change.

ECONOMY 'WELL POSITIONED AND READY' updated 07/21/14 02:06 PM
CUs Can Target Growth Areas
As the economy expands throughout the latter half of 2014, credit unions should focus particularly on the largest employment sectors and growth in these areas, according to California and Nevada Credit Union Leagues Chief Economist Dwight Johnston in his latest Credit Union Digest column.

NCUA TO INCORPORATE 'RBC' COMMENTS updated 07/21/14 01:22 PM
All Audio Sessions Posted Soon
The National Credit Union Administration’s (NCUA) three listening sessions in Los Angeles, Chicago, and Alexandria, VA are finished—and the agency said it’s “incorporating comments and ideas from the sessions into its work, including the ongoing review of the agency’s proposed risk-based capital rule.”

HEARING: ROYCE ADDRESSES RBC CONCERN updated 07/18/14 11:59 AM
CU CEOs Comment on Record
Rep. Ed Royce, R-CA and a senior member of the House Financial Services Committee, recently questioned a witness on the National Credit Union Administration's risk-based capital proposal during a committee legislative hearing.