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Credit Union News

Financial Institutions Battle Credential Stuffing Bots

CU Times - Thu, 08/03/2017 - 12:44pm
Credential stuffing is creating a bigger problem for financial organizations as hackers use bots to break into systems.
Categories: Credit Union News

McWatters: Corporate CU Recovery Legal Fees ‘Regrettably Excessive’

CU Times - Thu, 08/03/2017 - 10:37am
The NCUA's McWatters concedes the legal fees paid for corporate credit unions are excessive.
Categories: Credit Union News

Trade Groups Thank CFPB for Eased Rule (Then Ask for More)

CU Times - Wed, 08/02/2017 - 4:31pm
CUNA and NAFCU ask for a higher threshold for required HELOC reporting under HMDA.
Categories: Credit Union News

CO-OP Shared Branch Network Becomes Second Largest in U.S.

CU Times - Wed, 08/02/2017 - 3:38pm
The CO-OP Shared Branch network has more branches than Chase and becomes second-largest in the country.
Categories: Credit Union News

Judge Hammers DOL on Fiduciary Rule’s BICE

CU Times - Wed, 08/02/2017 - 2:26pm
“I’m sort of befuddled about why this whole hornet's nest was created,” a judge on the three-judge panel said.
Categories: Credit Union News

Insurance Breach Reported & Businesses Remain Virtually Deaf to Cyber Threats

CU Times - Wed, 08/02/2017 - 12:30pm
A second breach at Anthem Inc. exposes the fact that businesses are not prepared for cyber attacks.
Categories: Credit Union News

Former CU Manager Indicted for Money Laundering, Bribery

CU Times - Wed, 08/02/2017 - 10:25am
A federal grand jury indicts a former credit union manager for money laundering and bribery.
Categories: Credit Union News

Credit Unions, Banks Warily Watch Jeff Sessions on Marijuana Policy

CU Times - Tue, 08/01/2017 - 4:37pm
CUs, banks keep a close eye on U.S. Attorney General Jeff Sessions and his plans for the pot industry.
Categories: Credit Union News

Americans’ Personal Financial Satisfaction Hits 10-Year High: AICPA

CU Times - Tue, 08/01/2017 - 2:35pm
Americans are experiencing their highest levels of personal financial satisfaction in more than 10 years.
Categories: Credit Union News

Anatomy of Mortgage Spear-Phishing Campaigns

CU Times - Tue, 08/01/2017 - 12:25pm
Cyber criminals are taking advantage of the new home builds and sales by hacking into accounts through email.
Categories: Credit Union News

Comptroller Backs Down from Fight With CFPB Over Arbitration Rule

CU Times - Tue, 08/01/2017 - 10:58am
OCC official says his office is backing down from a fight with the CFPB over arbitration rules.
Categories: Credit Union News

Louisiana League CEO Plans 2018 Retirement

CU Times - Tue, 08/01/2017 - 9:21am
Louisiana Credit Union League President/CEO announces her pending retirement in 2018.
Categories: Credit Union News

Mobile Bank Startup Eyes National Bank Status

CU Times - Mon, 07/31/2017 - 3:42pm
Varo Money applied for a national bank charter, setting the stage to be the first mobile-native bank to go national.
Categories: Credit Union News

Republican Calls for Probe of CFPB’s Cordray for Violating Campaign Laws

CU Times - Mon, 07/31/2017 - 12:27pm
Head of the House Financial Services Committee asks for an investigation into CFPB's Cordray for possible campaign violations.
Categories: Credit Union News

New Mexico Credit Unions Call Off Merger

CU Times - Mon, 07/31/2017 - 11:41am
A proposed merger between two New Mexico credit unions has been called off.
Categories: Credit Union News

Instant Issuance: In the Cards for Credit Unions?

CU Times - Mon, 07/31/2017 - 10:34am
Instant card issuance gives members a good reason to visit a credit union branch.
Categories: Credit Union News

Trump Advisor Calling for Cordray’s Firing Lobbied for Payday Lenders

CU Times - Mon, 07/31/2017 - 9:02am
Trump advisor, Corey Lewandowski, who called for Cordray's firing, owned lobbying firm that represented payday lenders
Categories: Credit Union News

Bethpage FCU, Honor CU, NASCUS Hire & Promote

CU Times - Mon, 07/31/2017 - 8:00am
Seven credit unions and NASCUS reveal news about their employees this week.
Categories: Credit Union News

Infinity FCU Loans to Cover Costs to Gain Citizenship

CU Times - Sun, 07/30/2017 - 4:18pm
A credit union launches a lending program to help residents trying become U.S. citizens.
Categories: Credit Union News

Trump Advisor Calls on President to Fire CFPB’s Cordray

CU Times - Sun, 07/30/2017 - 2:52pm
Trump advisor, Corey Lewandowski, believe's the president should fire CFPB Director Richard Cordray.
Categories: Credit Union News

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