WASHINGTON—The U.S. Secret Service is warning financial institutions about a recent uptick in a form of ATM skimming that involves cutting cupcake-sized holes in a cash machine and then using a combination of magnets and medical devices to siphon customer/member account data directly from the card reader inside the ATM, KrebsOnSecurity reported.
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SACRAMENTO, Calif.–Gov. Jerry Brown has signed a bill into law that makes California the first state to require corporate boards of directors to include women, although it does not apply to organizations such as credit unions.
WASHINGTON–Credit unions will be among those represented on the National Mall in Washington this week as part of the two-day Co-op Festival.
WASHINGTON—The House on Friday cleared the last of three bills constituting "Tax Reform 2.0." The credit union industry's tax-exempt status remains untouched.
STEAMBOAT SPRINGS, Colo.–Routt FCU here has signed with CU*NorthWest for its core data processing solution and is scheduled for conversion in December 2018.
GREENVILLE, S.C. – Uncommn said it has acquired Marketing Partners Inc., a marketing services company based in Bethlehem, Pa.
DUBLIN, Ohio–Two credit unions have announced they are moving from federal deposit insurance to private deposit insurance.
CORPUS CHRISTI, Texas–Three credit unions have announced partnerships with eDOC Innovations.
LONDON–Fintechs aren’t just gaining a foothold in the U.S.; they are gaining share in Europe, too, as more consumers get comfortable with using online-only financial institutions.
GREENVILLE, S.C.–A credit union that was just four years old has merged. CommunityWorks FCU said it is merging into Self-Help Credit Union in Durham, N.C.
