ALEXANDRIA, Va.—NCUA has cancelled its open board meeting for April 17, marking the second consecutive open board meeting to be cancelled by the agency.
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ALEXANDRIA, Va.—Former NCUA Chairman Dennis Dollar says the removal of both democratic NCUA board members before their terms are up is “unprecedented” and may spark a legal battle.
ALEXANDRIA, Va.— President Trump’s removal of two Democratic NCUA board members is fueling growing concerns about the agency’s future among both credit union insiders and those outside the movement.
DENVER—First-party fraud is growing rapidly, says Velera, which shared data during VeleraLIVE here that reveals this crime a growing concern among credit unions.
WASHINGTON—The OCC said it intends to notify financial institutions if their data was compromised in a recent security breach affecting the agency’s email systems, the OCC stated in a letter.
DENVER-- Juniper Payments, a Velera company, has added a powerful new addition to its Payments Hub: an embedded artificial intelligence (AI)-driven fraud prevention engine built to meet the needs of modern financial institutions and encourage broader adoption of instant payments.
WASHINGTON—Calling CUs “growth obsessed,” Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey is again calling for credit unions above $1 billion in assets to be taxed.
SALEM, Ore.—The $1.4-billion Maps CU here has agreed to acquire the $342-million Lewis & Clark Bank, based in based on Oregon City, Ore., the credit union announced.
DENVER—Velera President and CEO Chuck Fagan kicked off the first full day of VeleraLIVE by sharing an important fact with attendees at the annual conference: The combined PSCU/Co-Op organization now supports over 4,000 financial institutions and 126 million credit union members.
WASHINGTON—The Financial Crimes Enforcement Network has renewed its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in non-financed purchases of residential real estate, FinCEN announced.