Advanced search


MADISON, Wis.–More than 750 credit unions raised nearly $1.5 million toward international development during 2017, while more than $200,000 was raised to help CUs hit by hurricanes in the Caribbean, according to the just-released annual report from the Worldwide Foundation.

WOODSIDE, N.Y.—The performance of conserved LOMTO FCU continues to decline due to plummeting taxi medallion values in the New York City market. As of mid-year, the credit union was unprofitable and insolvent.

ORLANDO—Information from about 567,000 payment cards may have been exposed in a data breach at the Cheddar's Scratch Kitchen restaurant chain between Nov. 3, 2017, and Jan. 2.

HAMPSHIRE, U.K.—More than 33 billion data records will be stolen by cybercriminals in 2023 alone, an increase of 175% over the 12 billion records expected to be compromised in 2018, resulting in a cumulative loss of over 146 billion records for the whole period, a new study finds.