HOUSTON – The former manager of a credit union has pleaded guilty to one count of embezzlement.
Fresh Today
WASHINGTON—The Department of Housing and Urban Development (HUD) has published a final rule revising regulations governing floodplain management and the protection of wetlands to implement the Federal Flood Risk Management Standard (FFRMS).
LONDON—A hacker who allegedly stole a critical database maintained by the London Stock Exchange Group containing information on terrorists, potential criminals and high-risk individuals is now threatening to leak troves of the sensitive data online, Bank Info Security is reporting.
WINNIPEG, Canada–Access Credit Union here has announced it will be returning $13.5 million to its more than 200,000 members. The announcement was made during the $12.38(C) CU’s annual meeting.
ALEXANDRIA, Va.–NCUA and the Census Bureau said they will co-host a webinar on April 25 on census-based data tools available at no cost.
RENO, Nev.–CUToday.info’s newest update on why credit unions say they have to merge finds the standard “improved products and services” listed, but also many CUs pointing to costs of regulation and technology, as well as merger-related compensation packages (including for one CU’s chairman), just a few distributions of net worth even in highly capitalized CUs, a CU where both employees have died, and the end for a small CU serving the lone Macy’s in Montana.
WASHINGTON–A new Fed report says the biggest risks to financial stability in the country is persistent inflationary pressures leading to a more restrictive than expected monetary policy.
NEW YORK—The increase in credit card debt signals that many Americans are struggling to pay for basic needs, a new report suggests.
DENVER– Credit Union of Colorado has named a new CEO to succeed Terry Leis, who retired after more than 20 years with the credit union.
WASHINGTON—The Federal Communications Commission (FCC) should reject a request to require an automated opt-out mechanism on every call with an artificial or prerecorded message, including those made to cell phones, America’s Credit Unions and other organizations wrote in comments filed with the FCC.