Fresh Today

Fresh Today

RALEIGH, N.C.–Stress testing, even for financial institutions not required by regulators to conduct such analyses, is a prime focus during financial institutions examinations, according to a new survey. But the primary focus remains on asset quality, the survey also found.

SAN JOSE, Calif.–The number of attacks on debits cards used at ATMs nationally has hit a 20-year high, according to analysis released by Fair Isaac Corp. Fair-Isaac said it found that debit card compromises at ATMs on financial institution properties leaped 174% between Jan. 1 and April 9 of this year, while attacks on “nonbank” machines leaped by 317% over the same period.

LAS VEGAS–Five defense credit unions will be recognized with Distinguished Service Awards by their respective branches of the armed services during the Defense Credit Union’s 52nd Annual Conference here later this month.

SANTA ROSA, Calif.–A man has been arrested here and charged with suspicion of grand theft and fraud in a scam that involved Facebook and allegedly defrauded members of Redwood Credit Union.