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NCUA Conserves New Bethel FCU

CU Times - Thu, 04/30/2015 - 7:46pm
The conservatorship follows a December 2014 cease and desist order from the agency.
Categories: Credit Union News

Appraisal Company Oversight Rule Issued

CU Times - Thu, 04/30/2015 - 4:56pm
Final rule unveiled by six agencies sets requirements for states that choose to regulate appraisers.
Categories: Credit Union News

Six-Figure Fraud Bans Two From Credit Unions

CU Times - Thu, 04/30/2015 - 4:32pm
The NCUA issues prohibition orders to two former CU employees whose fraud schemes killed their cooperatives.
Categories: Credit Union News

NCUA Board Debate Goes Back to the Future: Onsite Coverage

CU Times - Thu, 04/30/2015 - 1:54pm
WASHINGTON—NCUA board debates new corporate standards, association FOM rules.
Categories: Credit Union News

Fraud Detection Saves TMG Members $28M

CU Times - Thu, 04/30/2015 - 1:22pm
Payments processor TMG increases 2014 fraud savings for members by 40% over 2013.
Categories: Credit Union News

Easterling Announces Retirement from UFCU

CU Times - Thu, 04/30/2015 - 1:12pm
The $1.8B Michigan credit union's long time volunteer, J.B. Hoyt, will also retire this year.
Categories: Credit Union News

EMV Chip Needs PIN, Too: Data Security Groups

CU Times - Thu, 04/30/2015 - 12:17pm
EMV conversion won't reduce fraud if retailers don't also require a PIN or signature verfication.
Categories: Credit Union News

Credit Union Execs Fill Positions, Receive Honors: People

CU Times - Thu, 04/30/2015 - 8:43am
Read about the latest new hires, promotions and awards in the credit union community.
Categories: Credit Union News

Counsel seeks Del, Mont, Wyo CUs as Home Depot class action plaintiffs

CUNA News Now - Thu, 04/30/2015 - 4:20am
Credit unions from three states--Delaware, Montana and Wyoming--are being sought as plaintiffs to join the nationwide class action lawsuit against Home Depot regarding the September 2014 data breach.2015-04-30T00:00:00-05:002015-04-30T09:20:35Z
Categories: Credit Union News

CUs all-in on Nepal relief efforts

CUNA News Now - Thu, 04/30/2015 - 4:20am
The World Council of Credit Unions is working with a number of organizations to bring relief to Nepal, where a 7.9 magnitude earthquake struck Saturday and an aftershock hit Sunday, killing thousands and reducing buildings and infrastructure to rubble.2015-04-30T00:00:00-05:002015-04-30T09:20:35Z
Categories: Credit Union News

Final associational common bond, corporate CU rules on today's NCUA agenda

CUNA News Now - Thu, 04/30/2015 - 4:20am
It's a full slate for the National Credit Union Administration board meeting today, with consideration of two final rules and two proposed rules topping the agenda.2015-04-30T00:00:00-05:002015-04-30T09:20:35Z
Categories: Credit Union News

CUNA highlights CU impact on capital formation for hearing record

CUNA News Now - Thu, 04/30/2015 - 4:20am
Credit unions stand ready to advance economic improvements for their members, CUNA President/CEO Jim Nussle told members of the U.S. House in a letter sent Wednesday.2015-04-30T00:00:00-05:002015-04-30T09:20:35Z
Categories: Credit Union News

Relief in fixed-assets plan needs to be clarified with guidance: CUNA

CUNA News Now - Thu, 04/30/2015 - 4:20am
The National Credit Union Administration's proposed rule on fixed assets would appear to provide regulatory relief for credit unions, but CUNA says there is no way to be sure with the absence of supervisory guidance from the agency.2015-04-30T00:00:00-05:002015-04-30T09:20:35Z
Categories: Credit Union News

June liftoff appears unlikely for Fed rate hike

CUNA News Now - Thu, 04/30/2015 - 4:20am
Nothing the Federal Open Market Committee wrote in the policy statement it released at the conclusion of its two-day meeting Wednesday gave an indication it has plans to raise interest rates in June.2015-04-30T00:00:00-05:002015-04-30T09:20:35Z
Categories: Credit Union News

Cybersecurity webinar from NCUA scheduled for May 20

CUNA News Now - Thu, 04/30/2015 - 4:20am
Up-to-date information on cybersecurity and deterring cybercrime will be the topic of a just-announced webinar from the National Credit Union Administration, scheduled for May 20.2015-04-30T00:00:00-05:002015-04-30T09:20:35Z
Categories: Credit Union News

Friday last day to vote for CU Magazine's CU Hero

CUNA News Now - Thu, 04/30/2015 - 4:20am
Voting is under way to determine who will be Credit Union Magazine's 2015 Credit Union Hero of the Year.2015-04-30T00:00:00-05:002015-04-30T09:20:35Z
Categories: Credit Union News

Baltimore CUs reopen, look forward to community conversation

CUNA News Now - Thu, 04/30/2015 - 4:20am
Unrest over the death of Freddie Gray has rocked the city of Baltimore in recent days, but as the tensions begin to calm, credit unions--some of which had to close their doors earlier this week--are starting to assess what's next for the community they serve.2015-04-30T00:00:00-05:002015-04-30T09:20:35Z
Categories: Credit Union News

BYOD Creates Credit Union Legal Risks

CU Times - Wed, 04/29/2015 - 6:54pm
Credit union attorneys give advice on how to avoid BYOD lawsuits.
Categories: Credit Union News

Payment Innovation Outpacing Security: Study

CU Times - Wed, 04/29/2015 - 1:16pm
Experian and Ponemon Institute partner to poll nearly 750 payment systems tech executives.
Categories: Credit Union News

Target Settlement Inadequate: Financial Institutions

CU Times - Wed, 04/29/2015 - 12:20pm
MasterCard deal worth $19M doesn't come close to covering actual breach losses, say bank and credit unions plaintiffs.
Categories: Credit Union News

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