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WASHINGTON-The Federal Trade Commission is seeking public comments on a proposed regulation that would require companies to give consumers the opportunity to "opt out" of information sharing for marketing purposes with affiliates. The proposed rule would implement the affiliate marketing provisions of the Fair and Accurate Credit Transactions Act. Under...

Designing a successful Debt Protection program can be complicated unless you and your provider understand the concept, the regulatory environment and how you can design products that will be better accepted by your members. A Debt Cancellation Contract (DCC) or Debt Suspension Agreement (DSA) is a loan term or contractual...

MADISON, Wis. - Credit unions in North Dakota, Kentucky and Nevada began supporting the National Credit Union Foundation's Community Investment Fund, lifting the number of states with credit unions investing in the fund to 46. Amy Swanstrom, spokeswoman for the NCUF, declined to list the remaining states without contributing credit...

WASHINGTON - Michigan members of Congress and Senate got an unexpected present from representatives of Michigan credit unions who were in town June 10 for a Hike the Hill visit. Seventeen giant stuffed ducks were personally delivered to each of the state's 15 congressman and two senators, along with a...

BOSTON - ATM deployers, including credit unions, have become the victims of the ATM industry's success and must change their ATM strategies to survive through the industry's next evolution, according to Tony Hayes, a noted ATM expert and one of the principal authors of a new study of the American...

WASHINGTON-While in town for its June Board meeting, NAFCU's Board of Directors joined Deputy Assistant Treasury Secretary for Financial Education Dan Iannicola for lunch to discuss financial education. At the June 10 luncheon, Iannicola exchanged information with NAFCU's board on financial literacy efforts. The credit union officials went around the...

PROVIDENCE, R.I. - Credit unions looking to sign up new members need to make the process as easy as possible. That's just what four credit unions think they have found with a new online enrollment solution they are implementing. Toyota FCU, FAA First FCU, Maine CU and Energy First CU...

WINSTON SALEM, N.C. - The answer to the question of how credit unions can effectively serve the Hispanic community can be found at Allegacy Federal Credit Union. Well before the U.S. Census Bureau reported that Hispanics are the largest minority segment and will comprise one-fifth of the population in 2020...