BUTTE, Mont.—Hackers identifying themselves as the terrorist group ISIS have taken down the website of Southwest Montana Community FCU.
Fresh Today
WASHINGTON—CUNA kicked off the largest credit union meeting of the year here yesterday with the first day of its Government Affairs Conference. A crowd of more than 4,000 people is expected, as well as what the trade association said is its largest-ever exhibit hall.
TAMPA, Fla.—Credit unions that are part of CSCU just received $11.1 million reasons to get moving on EMV conversions.
ARLINGTON, Va.—NAFCU Vice President of Legislative Affairs Brad Thaler has sent a letter to House Financial Services Subcommittee on Financial Institutions and Consumer Credit Chairman Randy Neugebauer (R-TX) supporting legislation he introduced which changes the leadership structure at the Consumer Financial Protection Bureau (CFPB) from a single director to a five-member commission appointed by the president. Members of the House Financial Services Committee were copied on the letter.
ARLINGTON, Va.—NAFCU sent a letter to members of the NCUA board related to examinations for TILA/RESPA Compliance, saying credit unions have not had sufficient time to conduct testing.
NEW BRITAIN, Conn.—The 911 call made in relation to a CU exec whose home had been invaded and who had been sent by would-be robbers to get money out of his credit union has been released.
LIVONIA, Mich.—Community Choice Credit Union has paid a bonus to those members who have used six or more of its products over the past year.
DUBUQUE, Iowa—Members of the $13-million Chemical Credit Union have voted in favor of merging into Dutrac Credit Union.
EL CENTRO, Calif.—Sun Community FCU and Palm Springs FCU have announced plans to merge.
The $304-million Sun Community CU has 34,000 members, and will be the surviving charter. The $12.9-million Palm Springs FCU has 1,631 members, and has recently been in the news as the result of an NCUA examiner losing a flash drive containing member data. The merger is scheduled to be effective on May 1. All staff will be retained; one member of the PSFCU board will join the Sun Community CU board. Debbie Pitigliano, Palm Spring FCU’s CEO, will become regional VP.
MADISON, Wis.— Kim Sponem, CEO of $2.1-billion Summit CU here, has been named to a panel that offers input to the Federal Reserve on economic conditions.