Current Issues in Credit Unions #52.

  This month, we are joined by Rick Wargo, Esq. of the Pennsylvania Credit Union Association.  Here are the topics: –The Corporates (It’s not a bailout!) –CFPB update –Appendix J of Opportunity –Safe Act Update –Marcellus Shale and credit unions –Big K Roundup (Top 10 ways CUs can attract young people) We had a little…

Full and Final or Foolhardy?

The following is an article reprinted with permission from the Summer 2010 edition of Viewpoint (WWR’s Governmental Collections newsletter): By: Jennifer M. Monty, Associate “Full and Final Payment”—these four words that appear on the bottom of a check can incite fear and questions for many creditors. Should you cash the check? If you cash the…

Benefits & Risks of Electronic Payment Systems

The following is an article reprinted with permission from the Summer 2010 edition of Viewpoint (WWR’s Governmental Collections newsletter): By: Jill A. Keck, Associate Over the past decade, the Internet has evolved from a specific resource for IT pros and computer geeks to a daily destination for people all over the world. Technology has inarguably…

Think Before You Sink

Today’s blog comes courtesy of Denise Wymore, owner of consulting service for cooperatives, Denise Wymore, LLC. Recently I heard a credit union CEO say they were looking to add a new branch in a new city. Not earth shattering news, but I was a little surprised they would consider it in this economy and with…

Non-Dischargeability of Tax Claims

The following is an article reprinted with permission from the Summer 2010 edition of Viewpoint (WWR’s Governmental Collections newsletter): By: Amanda R. Yurechko, Associate and Beth Ann Schenz, Associate Whether or not the taxes owed to a municipality have been reduced to Judgment, there remains the ever-present possibility that the taxpayer will file bankruptcy. While…