ATLANTA—Nearly 10% of all new account openings and 5% of password resets represent a fraud attack, according to a new report.
Fresh Today
WASHINGTON––With Congress remaining in session this week, credit unions remain hopeful some priorities may still find life as part of larger bills, while several hearings that are scheduled are being viewed as potential signals for what the next Congress may have in store.
ARLINGTON, Va.–When the NCUA board meets on Thursday, much of the attention from credit unions and their trade groups will be on the budget it approves for 2023-24.
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) is proposing certain nonbank financial firms be required to register with the Bureau when they become subject to certain local, state, or federal consumer financial protection agency or court orders.
RICHMOND, Ind.—NCUA has placed the $8-million Richmond City Employees FCU here into conservatorship after the CU's capital fell below 3%..
WASHINGTON–Two senators have introduced legislation that seeks to provide more oversight of the Federal Reserve.
LAWRENCEVILLE, Ga.—Used car values kept the foot on the brake in November, but this time with a little bit of easing, Black Book reported.
NEW YORK—Credit card applications rose this year as Americans address higher daily expenses due to high inflation.
NEW YORK—Despite the rise in credit card usage this year, a new report indicates debit card spending will be most glittery this holiday season.
SOMERSET, Mass.–Somerset FCU has been approved by NCUA to expand its FOM to anyone who lives, works, worships or attends school in Bristol County, Plymouth County and Barnstable County in Massachusetts; Bristol, Kent, Newport and Providence counties in Rhode Island, and the Rhode Island towns of Charlestown, Exeter, Hopkinton, Narragansett, New Shoreham, North Kingstown, Richmond and South Kingstown.