First-responder Credit Union Newsroom

  Elizabeth Ann Warren is the senior United States Senator from Massachusetts and a member of the Democratic Party. She was previously a Harvard Law School professor. Warren is an active consumer protection advocate and her work as a policy advocate led to the conception and establishment of the U.S. Consumer Financial Protection Bureau. She won a hard fought nationally prominent election in the fall of 2012 with tremendous support from the Massachusetts credit unions and the Professional Firefighters of Massachusetts. Senator Warren has written a number of academic and popular works, and is a frequent subject of media interviews regarding the American economy and personal finance.

“When we launched Bluebird last October, we were focused on serving the tens of millions of Americans who are not well served by the traditional financial services industry. The unbanked, underbanked, and the unhappily banked are beset by onerous fees and numerous inconveniences,” said Dan Schulman, group president, Enterprise Growth, at American Express in the companies’ announcement. “Bluebird is designed to help make their everyday financial lives easier, more convenient and less expensive. Today’s announcement, which reflects feedback from consumers, advocacy groups and government officials, represents the next set of enhancements that further distinguish Bluebird from other financial services options,” Schulman said.   Read More  Amex, Wal-Mart Bluebird Card to Carry FDIC Insurance : 

NASA Federal Credit Union and Navy Federal Credit Union are once again offering members mortgages that do not require money down or mortgage insurance. And, Blackstone makes a big bet on a particular housing market. read more    Monday Morning Cup of Coffee: No money down mortgages return :

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  NAFCU's Credit Union Compliance GPS - 2013 Edition. Hot off the electronic presses is the 2013 edition of NAFCU’s Credit Union Compliance GPS . Written by NAFCU's compliance team , this electronic manual spans almost 500 pages and covers everything from the basic anatomy of a federal credit union to specific regulations from the NCUA, CFPB, and more. It is the ideal companion for all credit union compliance officers and staff, consultants, vendors and attorneys. The GPS translates complex regulatory language into plain English to help credit unions on a day-to-day basis while at that same time providing links to the applicable regulations, laws, and guidance documents. And here’s the great part – you don’t have to be a NAFCU member to purchase the GPS. The GPS is available to anyone >>READ MORE >> http://nafcucomplianceblog.typepad.com/nafcu_weblog/2013/03/the-one-stop-shop-to-compliance-nafcu-2013-credit-union-compliance-gps.html

Aon Hewitt survey finds emphasis moving to employees taking more active role in health care planning. The vast majority of large and mid-size U.S. employers — 94% — say they’ll continue to offer health benefits to their employees in the next three to five years, but almost two-thirds plan to move away from a traditional “managed trend” approach to one that requires participants to take a more active role in their health care planning.  >>READ MORE>> Big Changes in Health Coverage Coming :

Join NCOFCU in Memphis Please visit Vining Sparks website  2013 Credit Union Forum website for all the details and to register . The website will be updated with new announcements as they become available. In addition, a full color brochure will be mailed in the next few weeks. Registration Now Open! Vining Sparks, a leading provider of credit union investment products and services, will host the 2013 Credit Union Forum on May 16 and 17 at the Embassy Suites Hotel in Memphis. This day and a half Forum is designed for credit union executives and focuses on investment portfolio and balance sheet management. Attendees will have a wide range of educational options with sessions and materials up-to-date and applicable to the current environment. Whether you are a first-time attendee or an alumni, the Credit Union Forum is sure to bring new perspectives, enhance your understanding, and better position your credit union for the future. In addition, attendees will have ti...

When the topic turns to annuities, people's eyes glaze over, their heads nod and before long they're in a deep slumber. I hope the following clears up a few questions I have been asked. Grant By Walter Updegrave @Money March 6, 2013 To avoid the above reaction (I hope), I'm going to try a different approach to explaining how annuities provide income for life -- and why anyone retired or on the verge of retirement might want to consider buying one. >>READ MORE>> How a lifetime income annuity works :