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Missouri’s Credit Unions Feel Impact from Home Depot Data Breach

Nov
04

The Home Depot data security breach hit credit unions hard, including credit unions in Missouri. The total cost to Missouri credit unions is estimated at $759,408, with a nationwide cost of nearly $60 million. These incurred costs include reissuing debit and credit cards, dealing with fraud and covering other costs once the breach was disclosed in September. 

Posted By Nora Holloway read more

Schnucks Data Breach Has $1 Million+ Impact on Missouri Credit Unions

Mar
07

The Schnucks data breach cost credit unions and their members more than $1 million.  That's according to a recent survey conducted by the Missouri Credit Union Association (MCUA) to assess the overall impact of the Schnucks data breach on credit unions in Missouri.

Posted By Nora Holloway read more

Missouri Feedback on Data Breach Surveys

Jan
23

Credit unions in Missouri are sharing the impact of data breaches in the Show-Me State by participating in the Target and Schnucks surveys.  But more feedback is needed from Missouri's credit unions.

So far, 34 credit unions in Missouri have completed the Credit Union National Association (CUNA) Target survey. As of January 17, there were 936 responses from credit unions nationwide. Take the survey here.

Posted By Nora Holloway read more

MO Credit Unions Urged to Complete Target Survey

Jan
08

Missouri credit unions have felt the negative impact of massive retailer data breaches in the past 12 months—most recently the nationwide Target Corporation data breach during the 2013 holiday shopping season. The Missouri Credit Union Association (MCUA) and the Credit Union National Association (CUNA) urge credit unions in Missouri to participate in a brief survey about the effects and costs of the

Posted By Halley Hayden read more

Filene Seeks Input on Credit Union Regulatory Burden

Aug
05

Filene Research Institute is seeking North American credit unions to complete a survey on increasing regulation on credit unions in the United States and Canada. Responses are due Aug. 13, 2013. These responses will form the basis of a study seeking to quantify regulatory burden for credit unions, especially its differing effects across asset sizes. 

Posted By Sharon Bahr read more

REAL Solutions Credit Union Survey Focuses on Missouri: Responses Needed by July 10

Jun
25

Credit unions in Missouri positively impact the lives of of their members and people in their community each and every day. The Missouri Credit Union Association (MCUA) is asking credit unions from across the state to participate in a 2013 Credit Union Services Inventory to track credit unions' impact. 

Posted By Nora Holloway read more

How Willing Is Your Board to Engage Members About Political Issues?

Mar
08

By Bill Cheney, Credit Union National Association President

You might be surprised if you asked them—they just might be more willing than you think.

Posted By Sharon Bahr read more

Federal Reserve Board Seeks Debit Card Interchange Data

Sep
05

The Federal Reserve Board is conducting a new data collection effort involving a random sample of 1,000 depository institutions that are exempt from the Board's interchange fee standards under Regulation E, Electronic Fund Transfers Act, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Posted By Halley Hayden read more

Credit Unions Hear from CFPB Director

Sep
04

Credit union representatives took part in a conference call with CFPB Director Richard Cordray to ask questions and raise concerns about recent regulations. The call lasted an hour and a range of issues was discussed including the mortgage-related proposals and international remittances.

Posted By Halley Hayden read more

Missouri Credit Unions Urged to Weigh In on Overdraft Protection

May
11

Missouri Credit Unions Urged to Weigh In on Overdraft Protection
Survey Responses Due May 25

The overdraft protection issue is being raised again – both by Congress and by the Consumer Financial Protection Bureau (CFPB).  Credit unions nationwide are asked to take part in a national survey to address these concerns.

Posted By Amy McLard read more

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