NEW YORK–A federal judge has dismissed nearly all of a lawsuit against Bank of America and US Bancorp that had been filed by NCUA and which sought to hold the two banks liable for losses on roughly $6.8 billion in toxic mortgage securities that helped drive five corporate CUs into conservatorship.
MURRAY, Ky.–A missing credit union employee has been found dead here of what police said was a self-inflicted gunshot wound.
HOUSTON–A credit union has been chartered here to serve people of the Muslim faith who follow the Jafari School, community members and families of the Islamic Education Center of Houston, the Islamic Ahlul Bayt Association in Austin, or the Metroplex Organization of Muslims in North Texas.
EWING, N.J.–Credit Union of New Jersey is staging a one-day certificate promotion today that its members will want to leap on. CUANJ is offering a Leap Day Special Four-Year CD that is paying 2.90% APY.
EUREKA, Calif.–One of the best-known experts in the area of computer security and breaches is reporting his attempts to alert a credit union that its online banking system had been breached were rebuffed, and that it required several contacts to get the credit union to take the threat seriously.
PURCHASE, N.Y.–Saying it will eliminate the need for passwords, MasterCard said it will roll out later this year a facial biometrics app for authentication of online purchases. As CUToday.info earlier reported here, the rollout of the technology follows a four-month pilot that MasterCard conducted with First Tech FCU.
PLANO, Texas–Seeking to address that murky confluence where "the need to provide convenience-based technological services to members and the paralyzing threats posed by IT security issues," Randy Harrington has been added to the agenda of Catalyst Corporate’s Accelerating Success Conference.
NEW YORK–Subprime auto loan borrowers are showing increasing signs of trouble in making monthly car payments on time.
FARMERS BRANCH, Texas—Mike Kloiber, CEO of Tinker FCU and vice chairman of the Cornerstone Credit Union League, has been inducted to the Credit Union House Hall of Leaders in Washington.
WASHINGTON–Credit union leaders were joined with credit union members here as part of a Member Live event that was coordinated by CUNA Mutual Group.
