WASHINGTON—The number of federally insured credit unions' outstanding Small Business Administration (SBA) loans was up 4% in the fourth quarter of 2018 compared to the prior year, a point that was stressed NAFCU during a recent meeting with SBA Administrator Linda McMahon.
Fresh Today
SAN FRANCISCO–Overall card fraud has declined, but complex and sophisticated fraud types remain at “elevated levels” even in the face of equally sophisticated measures to fight such fraud, according to a new study.
LANSING, Mich.–Michigan’s credit unions have become the latest to sign on with CUNA’s national awareness campaign, “Open Your Eyes to a Credit Union.”
WASHINGTON—A bipartisan group of senators have reintroduced legislation intended to ensure that public companies are prioritizing cybersecurity and data privacy.
WASHINGTON–In advance of a hearing by the House Homeland Security Subcommittee on Investigations this week on private sector data breaches, both CUNA and NAFCU sent letters outlining their priorities for any related legislation.
WASHINGTON–CUNA said it is expecting more than 5,000 attendees when its Governmental Affairs Conference (GAC) launches this weekend, with CU representatives from all 50 states to be on hand.
WASHINGTON–Kathy Kraninger, director of the Consumer Financial Protection Bureau, was pressed to make changes in the CFPB’s operations by House Democrats during a hearing here yesterday, but the CFPB director was largely noncommital.
MADISON, Wis.—To mark International Women’s Day today, the Global Women’s Leadership Network (GWLN) is calling upon the worldwide credit union movement to build a gender-balanced world by encouraging industry women to apply for the Network’s 2019 scholarship.
WASHINGTON–The GAO has again issued a report that calls for consolidation among financial regulatory agencies.
WASHINGTON—About half of the Federal Reserve's districts are reporting the month-long government shutdown resulted in slower economic activity in some sectors, according to the Fed's latest Beige Book data.