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Credit Union Boards Face High Recruitment Costs

CU Times - Tue, 06/09/2015 - 8:00am
Many boards offer pay-for-performance packages in response to the steep price of replacing a long-term, retiring CEO.
Categories: Credit Union News

Fed Agrees to Issue Interchange Guidance

CU Times - Mon, 06/08/2015 - 4:54pm
The court order is the latest development in a lawsuit filed by retailers nearly two years ago.
Categories: Credit Union News

Mitigating Malware Threats: CU InfoSecurity

CU Times - Mon, 06/08/2015 - 3:07pm
Experts at the CU InfoSecurity conference tell credit unions how to prevent ransomware, cloudware attacks.
Categories: Credit Union News

CO-OP Shared Branch Tops B of A, Now Third-Largest Network

CU Journal - Mon, 06/08/2015 - 2:19pm
CO-OP Shared Branch has overtaken Bank of America in number of branches, and now is the third-largest network of financial institution branches in the United States, according to data drawn from the FDIC.
Categories: Credit Union News

Apple Pay to Accept Retail Store Cards

CU Times - Mon, 06/08/2015 - 2:04pm
The news means means users' mobile wallets could hold more cards, creating more competition among issuers.
Categories: Credit Union News

CUNA, ABA Dispute CFPB Overdraft Order

CU Times - Mon, 06/08/2015 - 12:56pm
Trades say the CFPB's overdraft data request could result in unplanned costs to financial institutions.
Categories: Credit Union News

Alabama One Drops Cease and Desist Appeal

CU Times - Mon, 06/08/2015 - 12:26pm
Court documents do not state why the credit union abandoned its appeal of an ACUA order.
Categories: Credit Union News

CO-OP Beats Bank of America in Branch Network Size

CU Times - Mon, 06/08/2015 - 12:09pm
CUSO declared the country's third-largest branch network, outnumbering Bank of America with 5,341 shared branches.
Categories: Credit Union News

Windows 7 to Die by 2020: ATMIA

CU Times - Mon, 06/08/2015 - 11:58am
The ATM Industry Association advises credit unions to move their ATMs to Windows 10.
Categories: Credit Union News

FinCEN Agrees to Share Report Drafts with NCUA

CU Times - Mon, 06/08/2015 - 8:19am
NCUA Chairman Debbie Matz sets boundaries with FinCEN Director Jennifer Shasky Calvery.
Categories: Credit Union News

Cars, Condos and Skyboxes: The Perks of Being Butler’s Banker

CU Times - Mon, 06/08/2015 - 7:56am
TALLADEGA, Ala. – Court docs reveal Danny Ray Butler showered his bank and credit union friends with lavish gifts.
Categories: Credit Union News

Had I Known Then What I Know Now: Onsite Butler Prison Interview

CU Times - Sat, 06/06/2015 - 10:51pm
TALLADEGA, Ala. - Read CU Times' exclusive prison interview with former Alabama One member Danny Ray Butler.
Categories: Credit Union News

Had I Known Then What I Know: Onsite Butler Prison Interview

CU Times - Sat, 06/06/2015 - 10:51pm
TALLADEGA, Ala. - Read CU Times' exclusive onsite prison interview with former Alabama One member Danny Ray Butler.
Categories: Credit Union News

Government Breach Confirms Weak Security

CU Times - Fri, 06/05/2015 - 1:41pm
Experts say the data breach of four million records proves the ineffectiveness of traditional security methods.
Categories: Credit Union News

Small Businesses Unprepared for EMV Deadline

CU Times - Fri, 06/05/2015 - 1:14pm
Intuit survey suggests more than half of small businesses could face losses due to card fraud in their stores.
Categories: Credit Union News

Strengthen Exploitable Weaknesses: CU InfoSecurity

CU Times - Fri, 06/05/2015 - 10:26am
Experts at CU Infosecurity 2015 say credit unions must ditch usernames and passwords, look out for social engineering.
Categories: Credit Union News

Mobile Bankers Catch Up With Branch Users: Javelin

CU Times - Thu, 06/04/2015 - 11:00pm
The U.S. banking system has reached an important crossover point in which the number of weekly mobile bankers is now equal to those who use the branch, according to a report from the San Francisco, Calif.-based Javelin Strategy & Research.
Categories: Credit Union News

Peer Group Analysis Monumental for Royal Credit Union

CU Times - Thu, 06/04/2015 - 11:00pm
When core values drive a credit union's competitive positioning, both the institution and its members profit. Rudy Pereira, president/CEO of Royal Credit Union in Eau Claire, Wis., may know that better than just about anyone.
Categories: Credit Union News

Large Mergers on the Horizon After a Slow First Quarter

CU Times - Thu, 06/04/2015 - 11:00pm
The NCUA approved 41 mergers in Q1 2015, the lowest number of first-quarter consolidations in three years.
Categories: Credit Union News

Alabama One Hearing Reveals Butler Cover Up Claims

CU Times - Thu, 06/04/2015 - 10:48pm
Danny Butler testifies the credit union knew about his check kiting and used him to block an ACUA investigation.
Categories: Credit Union News

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