WASHINGTON—With forecasts that the already rampant ransomware attacks on financial institutions and other companies are only going to increase, the Department of Treasury said it is now partnering with Israel to help combat the issue.
Fresh Today
ARLINGTON, Va.—NCUA’ s examination “burden” and a look at the increased number of CIOs within the credit union community are both featured in a new report from NAFCU.
WASHINGTON—CUNA wrote in support of a bipartisan bill to help veterans achieve homeownership, the Building Credit Access for Veterans Act (S. 1838). The bill was introduced by Sens. Tim Scott (R-SC) and Richard Blumenthal (D-CT).
WASHINGTON– Credit Union Awareness LLC, the entity that oversees CUNA’s “Open Your Eyes to a Credit Union” campaign, said five winners have been chosen for its Governmental Affairs Conference (GAC) 2022 Contest.
ALEXANDRIA, Va.–Credit unions that have gotten used to only seeing their examiner in a virtual environment need to get ready for in-person visits once again.
ALEXANDRIA, Va.–Why have credit unions fallen behind banks when it comes to consumer “satisfaction” in a national survey for the third year in a row?
ALEXANDRIA, Va.–The NCUA board and credit unions were offered an update on where things stand with the agency’s new examination solution, the Modern Examination and Risk Identification Tool, better known as MERIT, which is part of the agency's broader Enterprise Solution Modernization (ESM).
ALEXANDRIA, Va.–NCUA Board Member Rodney Hood has raised objections to the number of new hires at the agency.
ALEXANDRIA, Va.–The NCUA board has put out for 60-day comment its 2022-26 draft strategic plan, with one board member suggesting the “rapid pace of consolidation poses a risk to the long-term viability,” while all three board members debated over whether NCUA should be regulating around the issue of climate change.
ALEXANDRIA, Va.–The NCUA board has voted 3-0 in favor of a rule for multiple common bond credit unions that allows them to add underserved areas to their fields of membership by counting shared locations, regardless of whether the FCU has an ownership interest in the shared branching network, as well as kiosks/ITMs that can take deposits, accept loan applications, and distribute loans, as “service facilities.”