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Credit Union News

Central States Mortgage CEO Sentenced

CU Times - Thu, 04/16/2015 - 8:00am
Richard Jungen's plea deal earns him one year in federal prison.
Categories: Credit Union News

CUNA Joins Home Depot Suit

CU Times - Thu, 04/16/2015 - 7:18am
Retailer reports at least 57 civil suits to the SEC.
Categories: Credit Union News

CUNA joins class action suit against Home Depot

CUNA News Now - Thu, 04/16/2015 - 4:56am
CUNA has agreed to join credit unions and other financial institutions nationwide as a plaintiff in a class action lawsuit against The Home Depot following the merchant's massive data breach in September 2014.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

MasterCard, Target agree to $19M settlement for breach costs

CUNA News Now - Thu, 04/16/2015 - 4:56am
MasterCard announced Wednesday it has reached a settlement with Target to recover costs card issuers suffered due to a massive data breach of the retailer's systems in 2013.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

Senators intro tough, CUNA-backed data security bill

CUNA News Now - Thu, 04/16/2015 - 4:56am
Sens. Tom Carper (D-Del.) and Roy Blunt (R-Mo.) introduced a bill Wednesday that would set standards for entities that handle consumers' personal financial information, while outlining procedures that must be followed in the event of a data breach.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

Nussle highlights the many benefits of CU tax status in letter to Senate

CUNA News Now - Thu, 04/16/2015 - 4:56am
Credit unions' tax status is "good public policy" for a number of reasons, which CUNA President/CEO Jim Nussle highlighted in a letter to the U.S. Senate Finance Committee's Business Income Tax Working Group Wednesday.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

CUNA fires up #DontTaxMyCU for Tax Day

CUNA News Now - Thu, 04/16/2015 - 4:56am
CUNA's award-winning social media campaign, Don't Tax My Credit Union, hit the Internet again Wednesday, as CUNA reminded policymakers about the benefits that all consumers receive because of credit unions' not-for-profit tax status.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

'Old-school' cyberattacks still successful: Verizon report

CUNA News Now - Thu, 04/16/2015 - 4:56am
Cybercriminals may be more sophisticated, but they continue to use tried-and-true methods of cyberattacks to great success, according to Verizon's annual Data Breach Investigations Report, released this week.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

Shopping for a credit card? Make CUs the 1st stop: Schenk

CUNA News Now - Thu, 04/16/2015 - 4:56am
A recent article on Credit.com called on Mike Schenk, CUNA vice president of economics and statistics, to talk about the advantages of credit union-issued credit cards.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

House breach bill falls far short in protecting consumers: CUNA

CUNA News Now - Thu, 04/16/2015 - 4:56am
The U.S. House Energy and Commerce Committee passed the Data Security and Breach Notification Act of 2015 (H.R. 1770) Wednesday by a 29-20 vote, a bill that CUNA and other financial services organizations say "falls short of adequately protecting consumers."2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

CFPB suspends card agreement submissions

CUNA News Now - Thu, 04/16/2015 - 4:56am
The Consumer Financial Protection Bureau has finalized its rule suspending quarterly submissions of credit card agreements to the bureau.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

Level of economic growth varies across 12 districts: Beige Book

CUNA News Now - Thu, 04/16/2015 - 4:56am
While all 12 districts tracked by the Federal Reserve in its Beige Book experienced economic expansion from mid-February through the end of March, the rate of growth greatly varied.2015-04-16T00:00:00-05:002015-04-16T09:56:19Z
Categories: Credit Union News

NEW: CUNA joins class action suit against Home Depot

CUNA News Now - Thu, 04/16/2015 - 12:52am
WASHINGTON (4/15/15, UPDATED 5:34 p.m. ET)--CUNA has agreed to join credit unions and other financial institutions nationwide as a plaintiff in a class action lawsuit against The Home Depot following the merchant's massive data breach in September 2014.2015-04-15T00:00:00-05:002015-04-16T05:52:45Z
Categories: Credit Union News

NEW: Nussle highlights numerous benefits of CU tax status in letter to Senators

CUNA News Now - Thu, 04/16/2015 - 12:52am
WASHINGTON (4/15/15, UPDATED 12:30 p.m. ET)--Credit unions' tax status is "good public policy" for many reasons, CUNA president/CEO Jim Nussle highlighted in a letter to the U.S. Senate Finance Committee's Business Income Tax Working Group this morning.2015-04-15T00:00:00-05:002015-04-16T05:52:45Z
Categories: Credit Union News

NEW: CUNA ignites #DontTaxMyCU for Tax Day

CUNA News Now - Thu, 04/16/2015 - 12:52am
MADISON, Wis. (4/15/15 UPDATED 11:55 A.M. EST)--Today is the deadline to file taxes, and CUNA is updating its Don't Tax My Credit Union social media campaign to make sure that policymakers know the amount of taxes that credit union members already pay--and the benefits all consumers receive because of the credit union not-for-profit tax status.2015-04-15T00:00:00-05:002015-04-16T05:52:45Z
Categories: Credit Union News

Banks Best Credit Unions in WalletHub Savings Survey

CU Times - Wed, 04/15/2015 - 5:30pm
Credit unions were included in the rate round up, but banks are paying out more.
Categories: Credit Union News

NCR Launches Cloud-Based ATM Platform

CU Times - Wed, 04/15/2015 - 5:20pm
New software runs self-service devices remotely and could reduce ATM ownership costs by up to 40%.
Categories: Credit Union News

Credit Unions Beef Up Retail Insurance Services

CU Times - Wed, 04/15/2015 - 5:13pm
The $415 Vermont FCU hires outsources to Insuritas. The $2.5B Redwood CU acquires an insurance broker.
Categories: Credit Union News

Cyberattacks Increasingly Rapid and Deceptive: Symantec

CU Times - Wed, 04/15/2015 - 5:08pm
Attackers are increasingly tricking targets into infecting themselves with bogus software updates, report says.
Categories: Credit Union News

McWatters Disputes Regulatory Capture Claims

CU Times - Wed, 04/15/2015 - 2:22pm
NCUA Board Member Mark McWatters supports a bill that would require NCUA budget hearings.
Categories: Credit Union News

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