NOTRE DAME, Ind.–Eleven credit unions that serve members of the Catholic Church in the U.S. have formed a new collaborative association, Catholic Credit Unions of America (CCUA).
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ALEXANDRIA, Va.—Credit union system stakeholders will have an opportunity to hear NCUA board members discussing issues prior to taking action under a new procedural direction announced Wednesday by NCUA Board Chairman Rick Metsger.
RANCHO DOMINGUEZ, Calif.—One California credit union has gone public with accusations that another CU is being “predatory,” operating more like a “bank,” and attempting to “steal away” its members.
MINNEAPOLIS, Minn.—The final price tag to Target for its 2013 data breach is $59 million, following a federal district court entering a final judgment in financial institutions’ class action lawsuit.
BOSTON—Massachusetts bankers on Monday released a report questioning the performance of credit unions, including the growth of federally chartered institutions that are exempt from Community Investment Act requirements concerning service to low and moderate income individuals.
WASHINGTON—The White House hosted a meeting on the administration’s development of a plan to enhance cybersecurity awareness and protections, and among those in attendance was NAFCU Senior Regulatory Affairs Counsel Michael Emancipator.
ANAHEIM, Calif.–“The times they are a changin’,” one person observed here in sharing the Bob Dylan song, but in another way they very much are not: fraudsters continue to use every tactic they can imagine in attacking credit unions and their members.
WASHINGTON—In advance of today’s Senate Commerce, Science and Transportation Committee’s hearing on The Telephone Consumer Protection Act, CUNA has sent a letter to Committee leaders sharing “serious” concerns over the FCC’s Order that impacts how FIs communicate with account holders.
WASHINGTON—Three senators are requesting information on efforts to reform payments systems at the state and federal level – including at NCUA and CFPB, among other agencies – from the Government Accountability Office.
SAN FRANCISCO–Lending Club has received a subpoena from the Justice Department.