Posted April 16th, 2014 No Comments
‘Simplified’ Mortgage Disclosures Won’t be a Simple Change for Credit Unions

By Jonathan Bundy

The Consumer Financial Protection Bureau’s (CFPB) first six mortgage rules became effective in January and delivered a major helping of compliance details for credit unions to digest. Still, for many credit unions, complying with the new rules didn’t fundamentally change the mortgage process for members. Complying with the seventh new rule, however, will absolutely change the disclosures and mortgage process for your members.

The CFPB issued the final rule requiring new disclosures at application and prior to closing for most closed-end mortgage loans in October 2013. Although it doesn’t take effect until August 2015, it’s a good idea to start taking a look at the new rule well before the start of the new year. {Read The Full Article}

Posted April 16th, 2014 No Comments
The Value of World Council Membership

By Rebecca Carpenter

Marketing & Communications Specialist, World Council of Credit Unions

rcarpenter@woccu.org

With the help of its member organizations in nearly 60 countries, including the U.S. Credit Union National Association (CUNA), World Council of Credit Unions is able to impact millions of people’s lives, their credit unions and national financial systems across the globe.

As the leading international trade association and development agency for credit unions worldwide, World Council is building a global community of credit unions by: {Read The Full Article}

Posted April 16th, 2014 No Comments
Lone Survivor author, Marcus Luttrell, is 2014 ACUC Keynoter

Decorated Navy SEAL Marcus Luttrell will be a keynote speaker at CUNA’s 2014 America’s Credit Union Conference, June 29 – July 3 at the Hilton San Francisco Union Square in San Francisco, CA. Luttrell is the author of the best-selling novel Lone Survivor, now a major motion picture starring Mark Wahlberg. {Read The Full Article}

Posted April 16th, 2014 No Comments
FORE! The Kids – May 12th

The League has partnered with this tournament to support the same cause, CMN.  The proceeds from this event will also be going to the new Carolyn Scott Rainbow House, which is our Credit Union for Kids sponsorship as well.  In addition to supporting this tournament, Credit Unions for Kids will be getting full credit for the proceeds this brings to CMN. {Read The Full Article}

Posted April 16th, 2014 No Comments
Election Ballots Mailed Earlier This Month to Credit Unions in Geographic District 2

Election ballots were mailed to credit unions located in Geographic District 2. The 2014 election is for one seat on the NCUL Board of Directors. {Read The Full Article}

Posted April 16th, 2014 No Comments
Be Among the First to Test Filene’s New Relationship-Building Product Concept

By Andrew Downin, innovation director

Filene is looking for credit unions to join our free prototype test of Just4You.
Express your interest by
clicking here.

Research has shown that when consumers are faced with a multitude of product options they may simply choose to make no decision at all. And, it’s not just in the cereal aisle that we’re all faced with choice overload. Honey Nut or Apple Cinnamon? Original or whole grain? Ultra-gigantic family sized box? It occurs with financial services as well.

Credit unions have developed a wide variety of products and services to meet the needs of members. Various types of checking accounts, multiple combinations of loan features and terms, and investment or retirement services to name a few. But for a new member faced with a multi-page product brochure, how do they know what the best products are for them? {Read The Full Article}

Posted April 16th, 2014 No Comments
It’s LIKE Totally 80’s!

It’s time for the League’s 80th Annual Meeting and Convention! We hope you are ready to have a Rockin’ RAD time starting June 4th! Informational items have been mailed out. If you do not receive a packet, you can find online registration and all the information to download on the Annual Meeting webpage, http://www.nebrcul.org/Annual_Meeting_110.html. **Please note the dates have been changed to a Wednesday thru Friday. {Read The Full Article}

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The mission of the Nebraska Credit Union League & Affiliates is to protect, promote and perpetuate the credit union movement in Nebraska.
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