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Relevant Information—For You, By You
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!

 
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SUPP. CAPITAL FOR RBC GAINS ADVOCATE updated 12/16/14 11:04 AM
McWatters Supports Model for CUs
National Credit Union Administration (NCUA) Board Member J. “Mark” McWatters recently said he supports including a supplemental capital provision in the agency's risk-based capital (RBC) rule to help credit unions meet the rule’s requirements.

CU DIRECT TO DONATE 20K TO CMN updated 12/16/14 11:03 AM
‘20 for 20’ Anniversary Campaign
CU Direct, the nation’s leading provider of lending, automotive, and strategic solutions for credit unions, is celebrating its 20th anniversary by holding a contest to donate $20,000 to one of the nation’s Children’s Miracle Network (CMN) hospitals.

NCUA MAY BE LIABLE FOR DATA BREACH updated 12/16/14 10:05 AM
Flash Drive with Member Info Lost
The National Credit Union Administration (NCUA) confirmed on Dec. 15 that a flash drive containing the personal information of Palm Springs FCU member was lost during a recent audit. The loss of data includes names, addresses, Social Security numbers, and account information.

PREPARE FOR HEALTH CARE REQUIREMENTS updated 12/16/14 09:42 AM
Also, Digital Media and Marketing
Federal health care law requirements, creating a quick digital message, and the marriage of innovation with marketing are all highlighted within the latest “Problem? Solved!” column in Credit Union Digest!