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When the Terracotta Army of talking heads in Washington is blathering about the balance of power in the capital, the yammering most frequently centers on “control” of Congress or the White House, and which states might be players in the seat count. It doesn’t get the same attention, obviously, but a much quieter states vs. federal tug-of-war has been playing out in Washington, especially over the past decades, and that is state CU supervision vs. federal supervision. In an industry where there is approximately a 60/40  federal/state split, and nearly every CU is federally insured, the latter spend much of their time working for redemption from federal preemption.

MADISON, Wis.— Elenita San Roque, CEO of the Asian Confederation of Credit Unions, Thailand, and Kristi Lozano, Financial Education Specialist at San Mateo Credit Union in California have been named winners of 2014 Network Empowerment Grants that will be used to improve the financial status of women in their communities.

BRUSSELS, Belgium—The European Commission had agreed to provide €280-million program to help restructure some of Ireland’s 374 credit unions, mostly state-funded.

WASHINGTON, D.C. –The Consumer Financial Protection Bureau Thursday fined M&T Bank $3.1 million for deceptively advertising free checking accounts.

WASHINGTON—The Government Accountability Office is raising questions over the collection of what it says is sensitive financial data on millions of Americans by the Consumer Financial Protection Bureau.

WASHINGTON—The Government Accountability Office is raising questions over the collection of what it says is sensitive financial data on millions of Americans by the Consumer Financial Protection Bureau.WASHINGTON—The Government Accountability Office is raising questions over the collection of what it says is sensitive financial data on millions of Americans by the Consumer Financial Protection Bureau.WASHINGTON—The Government Accountability Office is raising questions over the collection of what it says is sensitive financial data on millions of Americans by the Consumer Financial Protection Bureau.GAO Questions CFPB Consumer Data Collection 

SUNNYVALE, Calif.—Cloud-based security firm Proofpoint is warning that malware-wielding hackers may be preparing to launch APT attacks against the largest U.S. financial institutions.

WARWICK, R.I.—Credit unions in Rhode Island have voted 28-0 in favor of merging the Credit Union Association with the Massachusetts CU League and the New Hampshire CU League.