AUSTIN, Texas–There’s great risk in not understanding risk–just ask one credit union that lost membership for 13 out of 16 years until it finally turned things around.
Fresh Today
AUSTIN, Texas—How does a credit union show solid net income, 1.52% ROA and continue to grow well in a market in which the population is shrinking?
ARLINGTON, Va.—NAFCU is again calling on NCUA to delay or even withdraw its proposed rules around risk-based capital.
ARLINGTON, Va.—What did NCUA mean when it said it recently said it would accept "reasonable and good faith efforts to comply" with the Financial Crimes Enforcement Network's (FinCEN) customer due diligence (CDD) and beneficial ownership provisions?
WASHINGTON—Data breaches remained on the national radar last week as British Airways announced 380,000 card payments had been compromised, and House Financial Services Subcommittee Chairman Blaine Luetkemeyer (R-MO) introduced a long-expected bill that would establish national data breach notification requirements for all financial entities.
WASHINGTON—More than 300 credit union representatives will be in Washington this week as part of NAFCU’s Congressional Caucus and to meet with representatives.
JACKSONVILLE, Fla. – A former mail room worker at a credit union here has been charged with stealing more than $5 million.
NEW YORK–A Russian man has been extradited to the United States from the country Georgia and has been charged with being part of a massive computer hack of JPMorgan Chase & Co and other U.S. companies.
WASHINGTON–The Government Accountability Office (GAO) has issued a new report that says cybersecurity exams of the credit reporting agencies will be conducted by the BCFP, but only if it identifies cybersecurity as a priority.
VIENNA, Austria—Economic and financial affairs ministers from the 28 member nations of the European Union will soon convene an unofficial meeting to discuss the challenges posed by crypto assets as well as the possibility of enacting stern regulations, Bloomberg reported.