|Clarissa Martin, Research and Information Consultant for the California and Nevada Credit Union Leagues|
NCUA SIGNAGE: GETTING IT RIGHT
updated 07/09/13 07:04 AM
CU Digest Examines the Rules
When do credit unions need to use the National Credit Union Administration’s (NCUA) official "advertising statement" or display the agency's official sign?
Knowing when, where, and how to use NCUA’s official statement and sign can be confusing.
“Advertisement,” as used in Part 740, means “a commercial message, in any medium, that is designed to attract public attention or patronage to a product or business.”
In 2011, NCUA amended certain provisions of its official advertising statement rule, housed in Part 740 of its Rules and Regulations. The mandatory compliance date for this rule change went into effect Jan. 1, 2012.
Click here to continue reading and discover the requirements, options, and exceptions to the rule within the latest Asked & Answered column on page 18 in the June/July edition of Credit Union Digest!
NV LOAN GROWTH: PRE-RECESSION LEVELS updated
08/19/14 12:28 PM
California Lending Almost Doubles
Industry-wide loan growth at Nevada credit unions in the second quarter nearly hit levels unseen since the same period in 2005—a phenomenon mirroring a positive trend in California and across the nation.
REMOTE DEPOSIT CAPTURE FUNDAMENTALS updated
08/19/14 10:54 AM
Timing, Regs, and Risk Management
Remote deposit capture in home banking and mobile banking is quickly becoming a must-have feature. Although credit unions have many options for how to provide this service, questions abound regarding availability of funds and risk management.
CATALYST LOAN PROGRAM NEARS 50M updated
08/18/14 04:19 PM
California Credit Union Participation
Since its launch a few months ago, Catalyst Corporate FCU’s loan participation program has helped nearly two dozen credit unions—including California credit unions—sell and buy more than $46 million in loans.
CFPB LEADER HEARS OVERDRAFT CONCERNS updated
08/15/14 02:38 PM
Regulatory Issues Discussed
Minimizing the impact of current rules, pending proposals, and contemplated requirements were key themes of a meeting Wednesday between the Credit Union National Association (CUNA) and Consumer Financial Protection Bureau (CFPB).