Advanced search


MADISON, Wis. – The largest-ever mortgage lending regulatory compliance change is taking place with the CFPB’s new TILA/RESPA Integrated Disclosure Rule, and credit unions need to be prepared for it.

 

WASHINGTON — At least four other major financial institutions are reporting that the same web addresses that were used to penetrate the country’s largest bank, JPMorgan Chase, were also used to attempt to break into computers at Citigroup, E*Trade Financial, HSBC and ADP.

 

WASHINGTON—During the Consumer Financial Protection Bureau’s forum on checking account screening practices Wednesday, Director Richard Cordray outlined three areas the bureau will be investigating.

 

WASHINGTON—Jim Nussle, the former Iowa congressman who is now CUNA’s new CEO, said he is working to provide the “bold leadership” the association’s board stressed it was seeking when it hired him, is getting up to speed on both internal and external CU system challenges, and indicated he is open-minded about working with traditional enemies of credit unions when there are areas of common interest on Capitol Hill.

 

BETHPAGE, N.Y.--Kirk Kordeleski has stepped down as president and CEO of New York's largest credit union, Bethpage FCU, citing health reasons.

MADISON, Wis. – Recent data breaches at Kmart and Dairy Queen, combined with earlier breaches at JPMorgan Chase, Target, The Home Depot and other retailers has put a bright light on the new risk level of data theft and security, and the role of cyber liability insurance policies.

HAUPPAUGE, N.Y.- Teachers Federal Credit Union donated school supplies and $500 to Family & Children’s Association, a not-for-profit agency helping to protect and strengthen vulnerable children, seniors, families and communities. The check was presented at TFCU headquarters. Separately, TFCU presented a $500 check to the Cleary School for the Deaf.

 

PLYMOUTH, Minn. – TruStone Financial FCU has broken ground on a future branch in Golden Valley that will replace the current location at 6500 Olson Memorial Highway. Chief Executive Officer Tim Bosiacki and Chairman of the Board Tom Alagna turned the first shovel of earth as the board of directors, key credit union stakeholders, general