Management Minute

from the Association of Vermont Credit Unions

Wednesday, March 27

Visa, Mastercard, merchants reach settlement in interchange lawsuit

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Visa and Mastercard announced a major settlement with U.S. merchants on Tuesday, potentially ending nearly two decades of litigation over th...

NCUA updates CECL Tool

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 The NCUA released updates to its Simplified Current Expected Credit Losses (CECL) Tool. The updates reflect the average loan loss rates for...
Wednesday, January 31

The Power of Member Profiling: How Credit Unions can Transform Marketing Strategies

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 Credit unions play a unique role in the financial ecosystem, offering members a local community-focused alternative to traditional banking....
Thursday, June 29

FFIEC Announces Availability of 2022 Data on Mortgage Lending

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 WASHINGTON, D.C. (June 29, 2023) – The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data ...

3 Steps to Prepare Your Culture for AI

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 According to Jared  Spataro from Microsoft, As business leaders, today we find ourselves in a place that’s all too familiar: the unfamiliar...
Monday, June 12

CUNA meets with GAO on importance of updated CTR threshold

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CUNA Senior Federal Compliance Counsel Colleen Kelly, Senior Director of Advocacy Luke Martone, and credit unions from CUNA’s Examination an...
Thursday, June 8

Welch, Durbin, Marshall, and Vance introduce bipartisan Credit Card Competition Act of 2023

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 Bill would enhance competition and choice in the credit card network market currently dominated by the Visa-Mastercard duopoly VermontBiz S...
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