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ALEXANDRIA, Va.—The NCUA has updated its policies on how and when examiners will review a credit union's audit reports that are prepared by an external auditor, specifying that newly completed audits be sent directly to the examiner from the auditor.

NEWPORT NEWS, Va.—The $2.4-billion Langley FCU here has been named the best consumer value among credit unions, according to a new study.

SAN FRANCISCO—Electronic signature service DocuSign said that hackers had temporarily gained access to a database containing customer emails, which the company linked to a surge in phishing emails sent to its users, Reuters reported.

CHICAGO—Looking for another sign that credit standards have become too loose and that many consumers now face unmanageable debt levels?

WASHINGTON—The Consumer Financial Protection Bureau’s final rule on prepaid accounts has survived a bid to repeal it via the U.S. Congressional Review Act (CRA), with lawmakers failing to bring the matter up for vote by the 11 May deadline, reported Banking Technology.

MENLO PARK, Calif.—Facebook is experimenting with a new rewards feature in an effort to prove it drives brick-and-mortar foot traffic.

There’s a common belief in credit union land that you have to be over $500 million in assets to survive, some even say $1 billion. We say, “That’s a bunch of hooey!”

HARRISBURG, Penn.—The credit union with the fourth-largest credit card portfolio in the nation has finally decided that a rewards card is needed to compete today—after earlier avoiding it “like the plague.”

WINSTON-SALEM, N.C.–Allegacy FCU here and the YMCA of Northwest North Carolina are partnering on a study focused on whether incentives have an effect on the wellbeing of diverse communities.

THUNDER BAY, Ont.– For the third straight year Copperfin Credit Union is paying a bonus dividend to its members, in this case almost $400,000.