In This Issue
February 2, 2015
In the Media
Jan. 23 - Feb. 2, 2015

This collection of positive news about credit unions and their activities is assembled from a variety of sources on the Internet and from credit union submissions. Note: links used here are external and the League does not control their expiration dates.
 
To share news from your Indiana credit union: send story links to Kay Neidlinger. You can also read more about credit union's community service efforts--and contribute information at the  Commitment to Change website
Indiana Credit Unions in the Media
Source: Credit union submissions and Internet news reports. Some stories may require passwords for access.
News Now - 2/2/2015
This story includes a picture of TCU Foundation's Karol Griffin as well as comments from TCU's Rick Silvers and Indiana Credit Union Foundation Chairman Emily Everett.
Evansville Courier & Press - 2/2/2015
Matt Daniels is the new CFO at Heritage FCU.
Teachers CU's Laura Waite is mentioned. 
Indianapolis Business Journal - 1/31/2015
Financial Center First FCU's Marco Dominguez was named as a member of the policy team.
CU Insight - 1/30/2015
The credit union recently held its 7th annual "Bowl-A-Thon" to benefit the Indiana Credit Union Foundation.
Deposit Accounts - by Ken Tumin 1/30/2015
This posting includes details about the account.
Credit Union Times - 1/29/2015
The "Midwest" section contains information about individuals from Indiana credit unions.
The Flyer Group - 1/29/2015
Financial Center First FCU was ranked as a 2014 Healthiest Credit Union by depositaccounts.com. President/CEO Kevin Ryan comments in this story.
Portage Life - by Jane Powers 1/28/2015
MACU's Frank Beachnau is interviewed for this story which also features several photos of the credit union's community service activity.
CU Insight - 1/26/2015
This story provides information from the Cooperative Trust. To see the crashers -- including Indiana's Joel Richard of Interra CU -- click on the words "meet them here" within the story.
The Elkhart Truth - by Amelia Hooper 1/24/2015
Eric Rauch and Claire Kellems of INOVA FCU are included in this list.
National and Wide-Reaching Coverage
Source: Credit Union National Association and other national sources. Some stories may require passwords for access.
The Motley Fool - by Jordan Wathen 1/29/2015
Community banks fear them. Big banks think they can crush them. But over the years, the credit union has proved resilient.
CU Insight - by Jim Nussle 1/29/2015
CUNA President and CEO Jim Nussle explains CUNA's position on NCUA's revised risk-based capital proposal and lays out the next steps.
Associations Now - by Rob Stott 1/29/2015
After another round of high-profile hackings, data breach legislation is no longer on the back burner for Congress and associations like CUNA have contributed to this priority in policy change.
The Hill - by Vicki Needham 1/29/2015
The Consumer Financial Protection Bureau proposed several changes to its mortgage rules aimed at providing more leeway for smaller financial institutions to make loans. CUNA's Jim Nussle weighed in on the proposal saying, "More work still needs to be done, but this is an important step in the right direction."
Bankrate - by Sheyna Steiner 1/28/2015
"The Fed's primary job is to respond, not to what they see today, but what they anticipate will happen in the future. It's not about looking at today's inflation, but trying to noodle through where inflation will be in the future," said CUNA's VP of economics Mike Schenk.
Morning Consult - by Will Dobbs-Allsopp 1/27/2015
"Right now the weak link in the payment system in terms of security is at the merchants," Ryan Donovan, chief advocacy officer at CUNA, said in an interview. "If they took greater steps to protect data, they wouldn't be the victim." CUNA and the nearly 7,000 credit unions it represents say the logic behind having retailers like Home Depot and Target shoulder the cost burden is simple. The Gramm-Leach-Bliley Act, enacted in 1999, sets data security standards for financial institutions that possess personal financial information. The law, however, does not regulate merchants, only financial services firms.
Housingwire - by Trey Garrison 1/26/2015
CUNA influenced a hearing in the House Financial Services Committee, urging Member of Congress to ask Federal Housing Finance Agency Director Mel Watt about proposed regulatory changes to the Federal Home Loan Bank membership rules.
The Hill - by Lydia Wheeler 1/23/2015
CUNA sent a letter to Congress asking for new rules for how retailers must handle customers' personal data and urged for retailers and banks to be held to the same standards when data breaches occur.