Regulator Calls on FIs to Take Action in Wake of Microsoft Server Breach 03/11/2021 07:54 pm ALBANY, N.Y.–The New York State Department of Financial Services has issued an industry letter to all of its regulated entities following the recent discovery of cybersecurity vulnerabilities in Microsoft Exchange Server.
Consumer Prices Rise in February With Inflation Being Primarily Driven by Energy Prices 03/11/2021 07:54 pm ARLINGTON, Va.—On a seasonally-adjusted basis, overall consumer prices rose 0.4% in February, with the Bureau of Labor Statistics reporting the overall consumer price index (CPI) grew 1.7% over the 12-month period.
With Hour of Sleep Lost This Weekend, CU Again Helping the Bleary-Eyed Gain a Free Cup of Coffee 03/11/2021 07:52 pm PASADENA, Calif. — When the clocks change this weekend for Daylight Saving Time, Wescom Credit Union will once again help make Sunday morning a little easier by buying coffee for guests at 22 The Coffee Bean & Tea Leaf locations.
NAFCU Calls on NCUA to Address Appraisal Modernization Standards 03/11/2021 07:53 pm WASHINGTON—NAFCU is urging NCUA to address appraisal modernization standards by expediting coordination with other agencies.
State Regulators Have Recommendations for How NCUA Can Improve Communications 03/11/2021 07:54 pm ARLINGTON, Va.–The National Association of State Credit Union Supervisors (NASCUS) has made several recommendations to NCUA on how it can improve its communications.
Postal Service in the Banking Business? Return to Sender, Says NAFCU 03/11/2021 07:53 pm WASHINGTON—Ahead of a House Appropriations subcommittee oversight hearing on the U.S. Postal Service (USPS), NAFCU reiterated the association's concerns with postal banking and argued credit unions are well positioned to achieve the goals of such proposals.