WASHINGTON–The Federal Communications Commission (FCC) has approved a Report and Order to create a reassigned numbers database to combat unwanted robocalls. The move has the support of both credit union trade associations, which have been pushing for such a database as part of calls to resolve issues related to the Telephone Consumer Protection Act (TCPA).
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ALEXANDRIA, Va.– NCUA said effective with the new year it will pilot a program with six state regulators in which it will launch alternating examinations for a select group of federally insured, state-chartered credit unions.
OVERLAND PARK, Kan.–Mazuma Credit Union here has agreed to pay nearly $1.4 million to settle a class action lawsuit over its overdraft policies. PARK, Kan.–Mazuma Credit Union here has agreed to pay nearly $1.4 million to settle a class action lawsuit over its overdraft policies.
WASHINGTON—As the House this week continues work on its tax extenders and packages of fixes (H.R. 88), leaders of the tax-writing committee are being urged to provide a technical fix to the Tax Cuts and Jobs Act (TCJA) so a 21% excise tax is not imposed on certain not-for-profits in any year-end tax bill.
ARLINGTON, Va.—Many credit unions have been receiving a letter from Progressive Insurance asking them to fill out and return the IRS W-9 form—but should they comply?
WASHINGTON—The Financial Accounting Standards Board's (FASB) current expected credit loss (CECL) standard will have a negative impact on community-based financial institutions, said witnesses and lawmakers during a House Financial Services subcommittee hearing this week on the subject.
HAMILTON, Mont.– For the first time in its 61 years, Ravalli County FCU here is paying a patronage dividend to its members.
MIDDLEBURY, Vt. – eDOC Innovations, a provider of check imaging products, reported it is preparing to roll-out real-time posting for mobile RDC items.
BURLINGTON, Mass.–Credit Unions Kids at Heart announced it received a record $174,975 in donations in one day on Nov. 27, 2018, thanks to a wide network of “dedicated donors and a generous #GivingTuesday match.”
WASHINGTON–The average total cost to defend against and recover from a data breach reached nearly $3.86 million per incident, according to a new report that lists biggest cyber trends businesses should prepare for in 2019.