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Credit Union News

Retired Cop Sentenced in $500,000 Credit Union Embezzlement

CU Times - Tue, 08/02/2016 - 8:53am
John C. Barry to pay $533,791 in restitution and serve five years of supervised release following his prison term.
Categories: Credit Union News

Bay Federal Credit Union Chooses Hybrid SaaS Security Service

CU Times - Tue, 08/02/2016 - 8:33am
Credit union to use EiQ Network service as a way to address any potential cybersecurity vulnerabilities.
Categories: Credit Union News

Credit Unions Outpacing Banks in Membership Growth

CU Times - Tue, 08/02/2016 - 6:06am
TransUnion study finds during first quarter of 2016, credit unions experienced a year-over-year growth rate of 6.35%.
Categories: Credit Union News

CFPB Proposed Mortgage Disclosure Rules Get Mixed Grades From CU Trades

CU Times - Mon, 08/01/2016 - 3:03pm
Official comments on the CFPB proposed mortgage disclosure rules are dues Oct. 18. CU trade associations' initial response is mixed.
Categories: Credit Union News

Leagues Cancel Industry's Largest Collaborative Partnership

CU Times - Mon, 08/01/2016 - 1:17pm
LSCU and NYCUA league CEOs disappointed the partnership did not come to fruition.
Categories: Credit Union News

Going to the Rio Olympics? Keep These 7 Threats in Mind

CU Times - Mon, 08/01/2016 - 11:43am
As visitors head to Rio de Janeiro for the Summer Olympics, they should be aware of some of the dangers they could encounter.
Categories: Credit Union News

PenFed Rejoins CUNA

CU Times - Mon, 08/01/2016 - 11:24am
The $20 billion PenFed is re-joining CUNA after a 12-year hiatus.
Categories: Credit Union News

Study: 25-hour Workweek Healthiest

CU Times - Mon, 08/01/2016 - 11:19am
New research shows that employees are most productive when they work less than a full-time schedule.
Categories: Credit Union News

Cybersecurity Talent Shortage Affects Organizations

CU Times - Mon, 08/01/2016 - 8:17am
The lack of cybersecurity expertise is costing organizations their reputations and proprietary and client data, Intel/CSIS report finds.
Categories: Credit Union News

Cybersecurity Talent Shortage Jeopardizes Organizations, Intel/CSIS Report Finds

CU Times - Mon, 08/01/2016 - 8:17am
The lack of cybersecurity expertise is costing organizations their reputations and proprietary and client data, Intel/CSIS report finds.
Categories: Credit Union News

NCUA Issues Prohibition Orders for Jelen, Ray and Others

CU Times - Fri, 07/29/2016 - 3:05pm
Valor FCU CEO Sean Jelen and Ochsner Clinic FCU CEO Jacqueline Ray receive prohibition orders, barring them from participating in the affairs of any federally insured financial institution.
Categories: Credit Union News

NCUA Executive Compensation Rule Too Vague: NASCUS

CU Times - Fri, 07/29/2016 - 1:43pm
NASCUS asks the NCUA to be clearer about which credit unions exactly are covered by new Dodd-Frank executive compensation-based rule.
Categories: Credit Union News

Advia Credit Union Finalizes Mid America Bank Acquisition

CU Times - Fri, 07/29/2016 - 1:38pm
Advia CU buy Mid America Bank, gaining branches, 3,000 new members, and access to eight counties.
Categories: Credit Union News

In Memoriam: CU Accountant Thomas Schauer Passes

CU Times - Fri, 07/29/2016 - 1:32pm
CliftonLarsonAllen principal, credit union accountant, died at 52.
Categories: Credit Union News

Cybercrime Increasingly Targeting E-Commerce and Account Openings

CU Times - Fri, 07/29/2016 - 1:24pm
E-commerce and account openings growing cybercrime as financial services customers continue to login to online banking via mobile apps almost twice as much as via desktop.
Categories: Credit Union News

Melrose Credit Union Appoints Interim CEO

CU Times - Fri, 07/29/2016 - 9:36am
Melrose Credit Union's net worth fell sharply from 18% in March 2015 to 10% in March 2016 due to taxi medallion loans going bad.
Categories: Credit Union News

Republican-Led Legislation Would Raise Social Security Taxes

CU Times - Fri, 07/29/2016 - 8:48am
Four Republicans and one Democrat introduced the Save Our Social Security Act, raising the tax ceiling and full retirement age.
Categories: Credit Union News

Complex Technology Simplifies Mortgages: Quicken Loans

CU Times - Thu, 07/28/2016 - 7:00pm
In a Q&A, Rocket Mortgage’s product lead offers insight into the credit union competitor’s strategy.
Categories: Credit Union News

CFPB Outlines Third-Party Debt Collector Rules

CU Times - Thu, 07/28/2016 - 2:54pm
The bureau will soon discuss separate rules that address first-party debt collectors such as credit unions.
Categories: Credit Union News

Top 10 Consumer Phone Scams

CU Times - Thu, 07/28/2016 - 2:27pm
Loan and credit card-related scams among the top for phone scammers.
Categories: Credit Union News


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