Member News

In Turbulent Times Like These, Credit Provides the Financial Support Members Need

October 27, 2020

It’s hard to believe that we’re almost eight months into the COVID-19 pandemic. The last several months have given us a roller coaster of an economy that has left many consumers financially-vulnerable and uncertain about their long-term financial outlook.


Virtual CIOs Offer a Cost-Saving Solution for Strategic IT Management

October 27, 2020

The value of partnering with a managed service provider for your company's virtual CIO needs is unmatched. Learn more about how vCIO services can help.


RTN GoodWorks Foundation Donates $2,500 to Massachusetts Coalition for the Homeless/A Bed for Every Child

October 27, 2020

RTN GoodWorks Foundation has donated $2,500 to the Massachusetts Coalition for the Homeless and its A Bed for Every Child initiative. Since 2011, RTN’s annual Walk Home 5K benefit fundraiser has raised more than $200,000 to help homeless teens and families in Danvers, Dorchester and Waltham, and support the Coalition’s work.


Marketing Efforts Post COVID-19 Pandemic: What Small Credit Unions Need to Know 

October 26, 2020

Combining the resources of CUNA-League System to provide actionable, relevant and operation-improving best practices while bringing free education to small credit unions on the most important issues they face.


Share Your Story!

October 26, 2020

Last week, CUNA formally launched the Advancing Communities campaign – an initiative designed to inform state policymakers and consumers about the economic and social impact that credit unions provide to communities across the country.


CCUA Survey on NCUA Operating Fee and OTR Proposed Rule Extended Through Oct. 29

October 26, 2020

The Association plans to file a comment letter with the NCUA in response to requests for comments on a proposed rule to modify how it calculates a federal credit union’s “total assets” for purposes of determining the federal credit union annual operating fee and the methodology it uses to determine the overhead transfer rate (“OTR”).


Credit Union Leaders Graduate from Foundation’s First Virtual DE Program

October 26, 2020

Thirty–seven credit union leaders were designated as Credit Union Development Educators (CUDEs) after completing the National Credit Union Foundation’s Credit Union Development Education (DE) Training.


CO-OP Finds Amazon Prime Day 2020 Transaction Volumes and Amounts Up 51 Percent

October 26, 2020

Amazon Prime Day was three months late in 2020, but welcome all the same, with total transactions and dollar amounts on Amazon increasing by more than 51 percent for both credit and debit charges compared to 2019.


Concerns Rise Over Insider Threats as Pandemic Takes Toll on Mental Health

October 26, 2020

Prolonged remote working and the pandemic's potential impact on mental health have led banks and cybersecurity experts to warn of a growing challenge around insider threats, and it could be a costly affair for those organizations that fall victim to this form of cyberattack.


​​​​​​​Exiting Mortgage Moratorium & Trustee Process Focus of Upcoming Compliance Programs

October 26, 2020

Registration is now open.


PSCU: YoY Transaction Trends Update (Week 42)

October 26, 2020

PSCU, provides a weekly transaction analysis to identify the impact of COVID-19 on consumer spending and shopping trends.


Weekly Relative Value - QE to Infinity

October 26, 2020

Last week, Federal Reserve Vice Chair for Supervision Randal Quarles, made surprisingly candid comments when discussing the ballooning size of the U.S. Treasury market and the central bank’s role in it. In essence, he alluded to the fact that the Fed will likely be in the quantitative easing (QE) game forever.


IC Donates to Our Father’s House Food Pantry

October 26, 2020

IC Credit Union recently donated $4,000 through their “Empower – A Community Connection” program to Our Father’s House Food Pantry of Fitchburg.


How the Election Outcomes Affect CU Advocacy

October 26, 2020

The votes are rolling in and it is time to plan for what the 2020 election could mean for credit unions and their members.


NCUA Board to Meet Oct. 28; Reschedules December Meetings

October 26, 2020

The National Credit Union Administration Board will hold an open and closed meeting on October 28, 2020.


Agencies Invite Comment on Proposed Rule Under Bank Secrecy Act

October 25, 2020

The Financial Crimes Enforcement Network (FinCEN) and the Federal Reserve Board today invited comment on a proposed rule that would amend the recordkeeping and travel rule regulations under the Bank Secrecy Act.


Judge Signs Off on Equifax’s $7.75M Settlement with FIs In 2017 Data Breach

October 25, 2020

A federal judge in Atlanta gave final approval Thursday to a $7.75 million settlement—including $2 million in legal fees—to resolve claims against Equifax by hundreds of financial institutions. 


NEACH Center for Payments Survey

October 25, 2020

NEACH helped form the Center for Payments, a joint program sponsored by ten payments associations for the purpose of helping members better prepare for the continued evolution in U.S. payment systems.


Partner Updates from Love My Credit Union® Rewards

October 25, 2020

TracFone is the largest US provider of contract-free wireless service. Thanks to our new wireless program, members can save 33%-66% on any of the multiple wireless brands that run on the AT&T, Verizon and T-Mobile networks.


EANE Presents - Belonging- the Foundation of a Healthy Culture

October 25, 2020

Last quarter EANE invited member organizations to weigh in on the role of DEI in their organizations.


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