OAK RIDGE, Tenn.—The FBI has issued a warning to all bank and credit union employees in at least one Tennessee market to use caution and follow all security measures before, during and after the workday in the wake of an extortion, robbery attempt and kidnapping of a Y-12 Federal Credit Union executive at his home.
WASHINGTON—More than 1,000 community bankers are in Washington this week for their own Hike the Hill effort to lobby Congress.
RIVERWOODS, Ill.—Following a CUToday.info report that indicates EMV rollout in the U.S. will lead to payments disruption and a great deal of consumer confusion, Discover predicts the early days of chip cards will be “rocky.”
WASHINGTON—In conjunction with a House Financial Services Committee subcommittee hearing on capital markets, CUNA sent a letter to members of Congress saying new rules and the member business lending cap continue to thwart credit unions’ ability to serve small business.
CASPER, Wyo.—A man who stole $48,000 from a credit union after guessing, in part, that the vault code was a simple 1-2-3-4-5-6, has been given a six-to-10-year suspended prison sentence, with six years of probation.
GRAND RAPIDS, Mich.–Saying it is seeking to improve online data and document security for millions of credit union member-owners throughout the nation, CU*Answers is investing in Virtual StrongBox, Inc. on behalf of all its clients that use the CU*BASE processing system.
MADISON, Wis.—Twelve credit unions are joining the Filene Research Institute over the next two months to test a product called HomEase that seeks to help CUs simplify the mortgage process.
KEY WEST, Fla.—NAFCU is hosting its CEOs and Senior Executives Conference here this week.
RAPID CITY, S.D.—Duane Ellingson, a long-time credit union advocate and the former president of Black Hills FCU, has died.
VIENNA, Va.—Navy FCU has introduced instant issuance for debit cards at each of its 259 branches worldwide.
