Then Versus Now: How Credit Unions Are Born
Emily Claus compares how and why credit unions were created in the credit union movement’s earlier years with today’s credit unions and asks the all important question: are we the same today as we were at our founding?
Following Filene Part Two: Inspiration Abroad
In the second installement of her series, Following Filene, Emily Claus covers Edward Filene’s travels to India and the Philippines, two places that served as huge inspirations for the work he would later do in the U.S.
Following Filene Part One: Humble Beginnings in Boston
In her new series, Following Filene, Emily Claus takes readers on a journey through Edward Filene’s path to becoming the “Father of U.S. Credit Unions,” starting with his time working as a businessman in Boston managing his family’s department store.
Senate Banking Committee Questions NCUA Deregulation Project
In a letter sent to NCUA Board Chair Kyle Hauptman at the end of June, Senator Elizabeth Warren questioned the agency’s deregulation project, shared concerns over the rolled back policies, and requested a briefing with Hauptman no later than July 16th, Emily Claus reports.
CUSO Magazine Celebrates Credit Union History Month
CUSO Magazine welcomes back Credit Union History Month for its second year, a month-long event devoted to looking back at the key credit union moments and players that brought our industry to where it is today. Emily Claus shares the purpose of the event, how we’ll be celebrating, and how your credit union can get the most out of it.
Credit Union Regulatory Relief Bill Passes
Monday night, the Senate passed the 21st Century ROAD to Housing Act, which includes several credit union relief elements, such as the long-awaited Credit Union Board Modernization Act, reports Emily Claus.
NCUA Passes Interim Final Rule Confirming Preemption of IFPA
The NCUA has officially published its interim final rule on interchange, declaring that the Federal Credit Union Act, which grants credit unions the right to charge fees, preempts the Illinois Interchange Fee Prohibition Act, Emily Claus reports.
New Ruling Issued on Illinois Interchange Prohibition Act
A new win in the longstanding battle agains the Illinois Interchange Fee Prohibition Act, a judge for the U.S. District Court for the Northern District of Illinois has ruled that federal law preempts the IFPA, Emily Claus reports.
NCUA Accepting Comments for 8th Round of Deregulation
The NCUA is currently accepting comments for its 8th round of rederegulation, as part of a larger government-wide initiative to decrease regulatory burdens. In this round, the agency is considering three main regulations, including proposals on remittance transfers, credit union to bank conversions, and data collection. The breakdown of these...
A Helping Hand: Bridging the Gap Between Members and Benefits
A finalist for NACUSO’s Next Big Idea Competition, new CUSO Starlight serves as a bridge between members and money with credit unions at the center. Emily Claus discusses what Starlight is and how it can strengthen a credit union’s brand and its relationship with members.
