Current Issues in Credit Unions
A podcast about credit unions and the issues they face daily hosted by attorneys who work in the credit union movement.

Anthony Demangone, Esq. from NAFCU joins us this month as our very special guest!  Faith, Hal, Katherine and Rob round out the cast.  Here are the topics:

--Consumer counseling at credit unions.
--Q & A on Reg Z and RESPA issues
--MDIA and RESPA
--Problems with overdraft services opt ins.

The CIiCU hosts are:

Brian Witt
Hal Scoggins
Farleigh Wada Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone:  503-228-6044  503-228-6044
Fax: 503-228-1741
http://www.fwwlaw.com

Guy Messick
Katherine Weber
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone:  610-891-9000  610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
 (800) 533-0035  (800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone:  216-739-5004  216-739-5004
Fax: 216-739-5642
http://www.thatcreditunionblog.com
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Direct download: CIiCU_44_final.mp3
Category:podcasts -- posted at: 9:57 PM

This month Faith, Hal, Katherine and Rob are joined by Tristam Coffin, CEO of Alternatives Federal Credit Union.  Here are the topics:

--Never ending Regulation Z update.
--Operational challenges facing credit unions in 2010.
--Reg E Overdraft Rules Effective 7/1/2010.
--What to do when you get an LUA?
--Big K Roundup (The "Robinhood" Foreclosure; Why do Banks Really Hate Credit Unions; www.findacreditunion.com;
Your Credit Union--There's an app for that--maybe?)

The CIiCU hosts are:

Brian Witt
Hal Scoggins
Farleigh Wada Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.fwwlaw.com

Guy Messick
Katherine Weber
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.thatcreditunionblog.com
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441


Direct download: ciicu_43_final.mp3
Category:podcasts -- posted at: 11:13 PM

This month, Faith, Katherine & Rob bring you the following topics:

--Credit CARD Act update.
--HOEPA update.
--Regulation GG.
--Pandemic preparation.
--Ugottaloan
--Big K Roundup (To Tweet or Not to Tweet; New Developments on Consumer Protection Agency; The Protocol--How Will it Impact a Credit Union's Relationship with its Broker-Dealer)

The CIiCU hosts are:

Brian Witt
Hal Scoggins
Farleigh Wada Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.fwwlaw.com

Guy Messick
Katherine Weber
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.thatcreditunionblog.com
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441


Direct download: CIiCU_42_final.mp3
Category:podcasts -- posted at: 10:31 PM

Faith, Brian, Katherine & Rob bring you the following topics:

--Potential shorting of compliance date on the Credit CARD Act (and other updates)
--Changes to the GFE and RESPA.
--New rules for IAT.
--Official UBIT Victory
--End to Overdraft Protection As We Know It?
--Credits Unions Likely to be Swept into the Consumer Financial Protection Agency
--Extraordinary Philanthropic Gestures by Credit Unions

The CIiCU hosts are:

Brian Witt
Hal Scoggins
Farleigh Wada Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.fwwlaw.com

Guy Messick
Katherine Weber
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.thatcreditunionblog.com
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441


Direct download: CIiCU_41_final.mp3
Category:podcasts -- posted at: 9:36 PM

David Reed, the CU Doctor is our guest this month.  Faith, Brian, Guy, Katherine and Rob host.  Here are the topics:

--Credit CARD Act ongoing madness.
--Bankruptcy Cramdowns.
--Speculation as to what’s going to happen on closed end loans by way of new regulations.
--Big K Roundup.
--Bad Debt Restructuring

The CIiCU hosts are:

Brian Witt
Member
Farleigh Wada Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.fwwlaw.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.thatcreditunionblog.com
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441


Direct download: CIiCU_40_final.mp3
Category:podcasts -- posted at: 10:00 PM

It's Hal, Katherine and Rob this month.  Here are the topics:

--More on the changes to Regulation Z and the Credit CARD Act.
--Truth in Savings final rule
--Thoughts on the proposed Consumer Financial Protection Agency.
--Regulatory Restructuring
--credit unions attracting gen-Y (drop the bank campaign and face book)
--credit unions helping troubled states (AZ, CA and PA--CUs giving IOU and helping states make payroll etc)
--Are these economic times giving regulators a new perspective on payday loans? (VA created a pay day loan program)
--Devices that can help credit unions go paperless.

The CIiCU hosts are:

Brian Witt
Member
Farleigh Wada Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.fwwlaw.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.thatcreditunionblog.com
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441


Direct download: CIiCU_39_final.mp3
Category:podcasts -- posted at: 11:25 PM

Faith, Hal, Guy, Katherine and Rob bring you a spirited discussion on share insurance, Red Flags, the Credit CARD Act, and more on Corporate Stabilization.  Katherine brings us her segment, The Big K Roundup and covers Connecticut low interest student loans and Mortgage Modifications.

The CIiCU hosts are:

Brian Witt
Member
Farleigh Wada Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.fwwlaw.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.thatcreditunionblog.com
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441


Direct download: CIiCU_38_final.mp3
Category:podcasts -- posted at: 1:17 AM

This month we have an accountant on the show for the first time!  Steve Lillie from Lillie and Company, Inc. joins Faith, Brian, Guy, Katherine and me.  Here are the topics:

--Handling the Corporate Stabilization Plan from one accountant's perspective.

--What the new credit card legislation means for credit unions.

--The return of Deborah Matz to NCUA.

--Mortgage Disclosure Improvement Act (MDIA)

--New Segment-- The Big K Roundup:

1.  Community First Credit Union's UBIT case.   

2.  New kind of fraud--third party is submitting loan apps on behalf of small businesses but using false information and taking 7.9% from people to originate the loans.

3.  Developments in member business lending--potential bill to be reintroduced/sponsored by Schumer in NY to take away the member business lending cap.  An interesting fact re loan default for commercial loans is that from about 1998-2008 almost consistently (and overall throughout that time frame) credit unions have had significantly lower default rates as compared to banks.

The CIiCU hosts are:

Brian Witt
Member
Farleigh Wada Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.fwwlaw.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.thatcreditunionblog.com
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441

Direct download: CIiCU_37_final.mp3
Category:podcasts -- posted at: 10:26 PM

It's our 3rd Anniversary!  3 years of CIiCU.  Faith, Brian, Guy and I bring you today's show.  Here are the topics:

--Corporate Stabilization Update.

--Negative predictions:  regulator consolidation, loss of tax status, CU consolidation, trade associations and leagues going away and the loss of the dual charter system.  Let’s discuss each of these in turn.  How likely is it?  How would it affect the movement?  What is the alternative?

--UDAP and credit cards:  update.

--Adverse Action:  tips and traps.

--Bad employee YouTube videos.

The CIiCU hosts are:

Brian Witt
Member
Farleigh Wada Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.fwwlaw.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.thatcreditunionblog.com
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441


Direct download: CIiCU_36_final.mp3
Category:podcasts -- posted at: 10:42 PM

Hal Scoggins, Katherine Weber and yours humbly bring you the show this month.  Here are the topics:

--Corporate Stabilization Update.
--Wrongful repossession:  tips and traps.
--Loan modifications, forbearance agreements and refinancing.
--Fincen SAR sharing proposal.
--Credit Unions and Student Loans.
--New NCUA sign

The CIiCU hosts are:

Brian Witt
Member
Farleigh Wada Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: 503-228-6044
Fax: 503-228-1741
http://www.fwwlaw.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: 610-891-9000
Fax: 610-891-9008
http://www.cusolaw.com

Faith Anderson
American Airlines Credit Union
P.O. Box 619001
MD 2100
DFW Airport, TX
75261-9001
(800) 533-0035
https://www.aacreditunion.org/default.asp

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: 216-739-5004
Fax: 216-739-5642
http://www.thatcreditunionblog.com
http://www.weltman.com

Subcribe to the show via iTunes Music Store: http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=151785964&s=143441



Direct download: CIiCU_35_final.mp3
Category:podcasts -- posted at: 10:49 PM