ATLANTA—Three states are reporting strong results for the performance of their credit unions.
Fresh Today
EVANSVILLE, Ind.—Police here say an alleged credit union robber didn’t plan his escape route very well, resulting in being stopped just 11 minutes after the robbery was reported.
WASHINGTON—The Federal Financial Institutions Examination Council (FFIEC) plans to issue a self-assessment tool this year to assist institutions in evaluating their cybersecurity risk and their risk management capabilities
SOMERSET, Mass.—Pamela Mello has taken over as CEO at Somerset FCU.
PINEVILLE, N.C.—A robber wearing a Darth Vader costume and wielding rifle, not a light saber, held up a branch of Pineville State Employees Credit Union here.
MADISON, Wis. – The CUNA Technology Council awarded the Best in Show Award to Daon for its IdentityX mobile authentication platform during CUNA’s recent GAC.
LONGVIEW, Texas—Thomas Kirkindoll, former CEO of East Texas Professional Credit Union here, has passed away. Kirkindoll, 76, died from cancer.
WASHINGTON—Trade groups representing both banks and credit unions have sent a letter to the Senate expressing “strong support” for an amendment proposed by Sen. Mike Crapo (M-ID) to the Senate Budget Resolution for Fiscal Year 2016 that will establish a deficit-neutral reserve fund to end the Department of Justice “Operation Choke Point.” The amendment passed in a committee by a 13-9 margin.
ALEXANDRIA, Va.—The NCUA board has voted in favor of putting out for 30-day comment a proposal to do away with the 5% of assets cap on ownership of fixed assets by federal credit unions.
WASHINGTON—A new study shows that the major card issuers are getting ready for EMV, but the status of retailers is still up in the air.