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11 Jan 2023, 5:25 am
On January 4, 2023, Colorado Attorney General Phil Weiser announced settlements with two state-chartered credit unions, Bellco Credit Union (“Bellco”) and Canvas Credit Union (“Canvas”), over Guaranteed Automobile Protection (commonly referred to as Guaranteed Asset Protection, or “GAP”) refunds. [read post]
21 Mar 2022, 9:35 am
The credit unions that entered into the AODs are Ent Credit Union, Premier Members Credit Union, and Credit Union of Denver. [read post]
28 Oct 2008, 6:25 pm
Hal, Katherine and I enjoy a fun episode with special guest Matt Davis, the Credit Union Warrior.Here are the topics:--FACTA Update--Share insurance: changes, resources and marketing issues--CUs, TARP and the bailout in general--SAFE Mortgage Licensing Act--ATM agreements with third parties--Social media and credit unions update. [read post]
31 Mar 2010, 4:14 pm
., Vice President and General Counsel of the Credit Union National Association. [read post]
30 Jun 2012, 9:56 am
Therefore if you are somebody who has funds in a credit union bank account and you owe the credit union on a credit card or line of credit, you had best be advice to remove the funds from your bank account prior to filing a bankruptcy. [read post]
30 Jun 2012, 9:56 am
Therefore if you are somebody who has funds in a credit union bank account and you owe the credit union on a credit card or line of credit, you had best be advice to remove the funds from your bank account prior to filing a bankruptcy. [read post]
15 May 2007, 5:36 am
I'm not saying that it doesn't happen, but generally speaking, credit union directors tend to stick with it. [read post]
6 May 2011, 12:54 pm
Bankruptcy generally does not discharge liens. [read post]
21 Nov 2006, 4:05 pm
This month on CIiCU, Faith Anderson, General Counsel of American Airlines Credit Union joined us as our guest. [read post]
24 Mar 2022, 3:50 pm
Indiana Consumer Law Group announces the filing of a lawsuit against Financial Center First Credit Union, a credit union located in Indianapolis, Indiana. [read post]
15 Oct 2019, 9:02 pm
The original purpose of credit unions shows that they generally have three distinguishing characteristics to justify their exemption from federal income taxes: a restricted customer base, low- and middle-income members, and types of services offered. [read post]
7 Jan 2010, 7:53 am
If the Act did apply to all such plans, many worried that credit unions would struggle to comply under the short notice and in certain cases, compliance would prove difficult in general. [read post]
1 Apr 2010, 5:27 am
., Vice President and General Counsel of the Credit Union National Association. [read post]
10 Sep 2009, 1:19 pm
Porter, Associate I'm excited to be attending Credit Union Times's 2nd Annual Credit Union Best Practices conference in San Diego, CA October 8-9. [read post]
16 Mar 2011, 9:44 am
When times are good your credit union can be your best friend. [read post]
23 May 2013, 7:52 am
As the Credit Union National Association’s comment letter to the FFIEC’s proposed guidance points out, “in practice credit union examiners do look to guidance during the credit union examination process.[3] ” If you have any questions on this matter, please contact Mr. [read post]
17 Aug 2015, 6:06 am
As a general matter, most credit unions should have the right to set off funds in either of these scenarios if the proper language is provided in their account agreement and loan documents. [read post]
2 Nov 2012, 5:13 am
Generating the content. [read post]
24 Jul 2012, 6:36 am
With the clear growth in social media prevalent in credit unions and the market in general, Social Media Consultants are in high demand. [read post]
26 Jul 2023, 9:21 am
Clarify the PRA’s existing expectations of credit unions in certain areas. [read post]