ASHLAND, Ore.–A new report suggests the failure to install a software patch is behind the ransomware attack on a CUSO that has caused outages at approximately 60 credit unions.
Fresh Today
WASHINGTON–Another high-profile member of Congress who has also been a strong supporter of credit unions is leaving.
WASHINGTON – With reports of its “toxic culture” still very much in the news, the Special Committee established by the FDIC to oversee an independent third-party review of the agency’s workplace culture has provided an update.
WASHINGTON— Federal banking regulators such as the CFPB have fewer guardrails in place for the use of AI than credit unions do, according to a letter sent by NAFCU to the Office of Management and Budget.
WASHINGTON—Ahead of a hearing this week on housing affordability, NAFCU and CUNA wrote to the House Financial Services Subcommittee on Housing and Insurance to tout credit unions’ work to provide comparatively lower rates on mortgage loans, especially amid “challenging times.”
WASHINGTON–CUNA President/CEO Jim Nussle and Deputy Chief Advocacy Officer Jason Stverak were named among The Hill’s top lobbyists for 2023.
SCOTTSDALE, Ariz.–To compete in a financial services landscape that has evolved faster than most could have ever imagined, the leader of one of Filene’s Centers of Excellence has shared strategies for how to innovate while also noting the importance of answering a question summed up as “WIIFM.”
RAINBOW CITY, Ala.–– Family Savings Credit Union said it has partnered with Jacksonville State University to launch the Family Savings Credit Union Financial Wellness Program for all Jax State students.
SCARBOROUGH, Maine–As part of its “12 Days of Local Giving” initiative, Town & Country FCU said it will distribute $10,500 to local non-profits.
MADISON, Wis.—CUES has named its new board officers. The new officers include: