Commonly Used Acronyms

Acronyms of organizations within the industry:

 

  • AACUC - African American Credit Union Coalition
  • AACUL - American Association of Credit Union Leagues
  • CMG - CUNA Mutual Group
  • CUER - Credit Union Employment Resources
  • CSSI - CUNA Strategic Services, Inc.
  • CUES - Credit Union Executive Society
  • CUNA - Credit Union National Association
  • CURI - Credit Union Resources, Inc.
  • FFIEC - Federal Financial Institutions Examination Council 
  • FHA - Federal Housing Administration
  • FRB - Federal Reserve Bank
  • FTC - Federal Trade Commission
  • HCCUA - Healthcare Credit Union Association
  • MSC - Member Service Centers
  • NEFE - National Endowment for Financial Education
  • NCBA - National Cooperative Business Association
  • NCUA - National Credit Union Administration
  • NCUF - National Credit Union Foundation
  • SCFCU - Southwest Corporate FCU
  • SCMS - Southwest CUNA Management School
  • SWACHA - Southwest Automated Clearing House Association  
  • TCUD - Texas Credit Union Department 
  • TCUF - Texas Credit Union Foundation
  • TCUL - Texas Credit Union League
  • TCUL PAC - Texas Credit Union League Political Action Committee 
  • The Federation - National Federation of Community Development Credit Union
  • TNB - Town North Bank
  • WOCCU - World Council of Credit Unions

Other commonly used acronyms:

  • ACH- Automated Clearing House
  • ALM - Asset Liability Management
  • APR - Annual Percentage Rate
  • APY - Annual Percentage Yield
  • APYE - Annual Percentage Yield Earned
  • ARM - Adjustable Rate Mortgage
  • ATM - Automatic Teller Machine
  • BSA - Bank Secrecy Act
  • CAMEL - Capital Adequacy, Asset Quality, Earnings, Asset/Liability Management
  • CCUE - Certified Credit Union Executive
  • CD - Certificate of Deposit
  • CEO - Chief Executive Officer
  • CFO - Chief Financial Officer
  • COO - Chief Operating Officer 
  • CFSP - Certified Financial Services Professional
  • CPA - Certified Public Accountant
  • CU - Credit Union
  • CUDE - Credit Union Development Educator
  • CULAC - Credit Union Legislative Action Council
  • CUSO - Credit Union Service Organization
  • EBP - Electronic Bill Payment
  • EFT - Electronic Funds Transfer
  • EIN - Employer Identification Number
  • FCRA -  Fair Credit Reporting Act
  • FCU - Federal Credit Union
  • FinCEN - Financial Crimes Enforcement Network
  • FMLA - Family Medical Leave Act
  • FY - Fiscal Year
  • GAP - Guaranteed Asset Protection
  • GFE - Good Faith Estimate
  • HELOC - Home Equity Line of Credit
  • HMDA - Home Mortgage Disclosure Act
  • IRA - Individual Retirement Account
  • LLC - Limited Liability Company
  • LLP - Limited Liability Partnership
  • LOC - Line of Credit
  • LTV - Loan to Value
  • MERIT - Management Enrichment Training Program
  • MMA - Money Market Account
  • MSR - Member Service Representative
  • MSRP - Manufacturer’s Suggested Retail Price
  • NADA - National Automobile Dealers Association
  • NCUSIF - National Credit Union Share Insurance Fund
  • NSF - Non-Sufficient Funds
  • OCC - Office of the Comptroller of the Currency
  • OFAC - Office of Foreign Asset Control
  • PFI - Primary Financial Institution
  • PMI - Private Mortgage Insurance
  • POS - Point of Sale
  • RESPA - Real Estate Settlement Procedures Act
  • RFPA - Right to Financial Privacy Act of 1978
  • ROA - Return on Assets
  • ROAA - Return on Average Assets
  • ROE - Return on Equity
  • ROI - Return on Investment
  • SAR - Suspicious Activity Report
  • SEG - Select Employee Group
  • SSN - Social Security Number
  • STAR - Staff Training & Recognition
  • TILA - Truth in Lending Act  
  • TIN - Taxpayer Identification Number
  • TISA - Truth in Savings Act
  • VAP - Volunteer Achievement Program
  • VLP - Volunteer Leadership Program
  • YTD - Year to Date