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Bill Nelson to Discuss Information Sharing at Virtual Fraud Conference

CU Times - Tue, 08/16/2016 - 1:34pm
Get a sneak peek at the cybersecurity expert's presentation, slated for CU Times' Sept. 7 virtual conference.
Categories: Credit Union News

Michigan CU Loses $1.8M in Check Kiting Scheme

CU Times - Tue, 08/16/2016 - 10:10am
Brooke Vernier admits to operating a complex scheme known as circular kiting with a co-conspirator.
Categories: Credit Union News

Hotel Breach Sparks Call for Data Standards

CU Times - Tue, 08/16/2016 - 8:38am
NAFCU reiterates that Congress needs to pass national data security standards for merchants and retailers.
Categories: Credit Union News

Taxi Medallion Loan Concentration at Heart of Melrose CU Consent Order

CU Times - Tue, 08/16/2016 - 7:29am
Melrose Credit Union cited for loan policies, concentration risk, and underfunded ALLL, among other things, regarding its taxi medallion loans.
Categories: Credit Union News

Epic Louisiana Floods Hit Credit Unions Hard

CU Times - Tue, 08/16/2016 - 7:16am
The Louisiana league reports CUs are struggling to get back up and running while coping with devastating personal losses.
Categories: Credit Union News

Louisiana Epic Floods Hit Credit Unions Hard

CU Times - Tue, 08/16/2016 - 7:16am
Louisiana CU League reports credit unions and their staff are struggling to get operations back up and running while coping with the devastating personal losses.
Categories: Credit Union News

NCR Reveals Magstripe Code Flaw in Chip-Based Cards

CU Times - Mon, 08/15/2016 - 2:24pm
Researchers find an upgrade flaw in U.S. chip-based cards that allows hackers to rewrite the magstripe code.
Categories: Credit Union News

Call Reports Too Burdensome, Collect Unneeded Data: Trades

CU Times - Mon, 08/15/2016 - 2:18pm
CUNA and NAFCU believe there's room for improvement in the call report process.
Categories: Credit Union News

One Nevada, Texans, Connex Announce Promotions

CU Times - Mon, 08/15/2016 - 1:49pm
This week’s People news includes new hires and promotions at 11 credit unions across the nation.
Categories: Credit Union News

Melrose Credit Union Undercapitalized

CU Times - Sun, 08/14/2016 - 4:45pm
Mainly due to its underperforming taxi medallion loan portfolio, Melrose posts a net loss of $57M.
Categories: Credit Union News

Stankovic Inspires Herself, Others to Fulfill Dreams

CU Times - Sun, 08/14/2016 - 11:00am
The ambitious consultant's projects include a leadership podcast and financial literacy course for students.
Categories: Credit Union News

Consumers Increasingly Aware of Data Privacy: TMGFS

CU Times - Fri, 08/12/2016 - 12:52pm
In the future, FIs will need to demonstrate full competency in their data collection strategies, one expert says.
Categories: Credit Union News

Payday Lenders Shift to Installment Loans

CU Times - Fri, 08/12/2016 - 12:48pm
In an effort to outpace regulators, payday lenders move from a lump sum to installment repayment model.
Categories: Credit Union News

Open APIs Help Credit Unions Compete

CU Times - Fri, 08/12/2016 - 10:37am
Credit unions can level the playing field with nontraditional financial players via open application program interfaces.
Categories: Credit Union News

Clinton Plans to Help CUs Expand Business Access to Credit

CU Times - Fri, 08/12/2016 - 8:50am
The Democratic nominee says she will work to cut red tape to provide credit to businesses through small institutions.
Categories: Credit Union News

Clinton Calls for Using CUs to Expand Business Access to Credit

CU Times - Fri, 08/12/2016 - 8:50am
Clinton says she will work to cut red tape to provide credit to businesses especially through community banks and credit unions.
Categories: Credit Union News

Stankovic Inspires Herself, Others to Fulfill Dreams

CU Times - Thu, 08/11/2016 - 11:00pm
The ambitious consultant's projects include a leadership podcast and financial literacy course for students.
Categories: Credit Union News

S.E. Cupp to Keynote NAFCU Congressional Caucus

CU Times - Thu, 08/11/2016 - 8:31pm
NAFCU’s speaker lineup for the September event also includes CFPB Director Richard Cordray.
Categories: Credit Union News

Embezzling CEO Sues Credit Union for Discrimination

CU Times - Thu, 08/11/2016 - 7:56pm
After defrauding Valor FCU, Sean Jelen sues Nassau Financial for rescinding a CEO job offer after learning of his disability.
Categories: Credit Union News

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