ARLINGTON, Va.–NAFCU is calling the latest attack on credit unions by the banking industry is nothing more than attempt to deflect attention away from the huge tax benefits it continues to receive.
Fresh Today
WASHINGTON—As part of a government-wide effort to counter ransomware, the U.S. Department of the Treasury has announced a set of actions focused on disrupting criminal networks and virtual currency exchanges responsible for laundering ransoms.
WASHINGTON—House Democrats are putting forward legislation that they say will help close a tax loophole for cryptocurrency investors, making it so crypto is subject to anti-abuse rules applying to stocks, bonds and other securities.
WASHINGTON–A confirmation hearing for NCUA Chairman Todd Harper will be held by the Senate on Thursday.
SOUTH PORTLAND, Maine–Two Maine credit unions have announced plans to merge, pending a member vote and regulatory approval.
CHARLOTTESVILLE, Va.–After 22 years leading the organization as president/CEO, Allison DeTuncq has announced plans to retire from University of Virginia Community Credit Union in May 2022. The credit union said it has begun a search for a successor.
BRISTOL, Tenn.–United Southeast Federal Credit Union has named a new president/CEO.
MADISON, Wis.–The World Council of Credit Unions said it will host a webinar titled “A Virtual Global Financial Symposium: Preparing Credit Unions for 2022,” on Oct. 7 at 8 a.m. ET.
BELLEVUE, Wash.—The alleged hacker behind T-Mobile’s latest cyberattack has spoken out about the August hack.
WASHINGTON—The Consumer Financial Protection Bureau has filed a lawsuit in federal district court accusing a California-based software company and its owner for providing assistance to illegal credit-repair businesses.