WASHINGTON—The Internal Revenue Service said it plans to address implementation of the new tax law's employer-paid 21% excise tax on executive compensation of more than $1 million.
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WASHINGTON—The Federal Reserve announced work will begin this month on a study that will measure fraud and associated costs in the U.S. payments system and to identify the causes and contributing factors to fraud.
ALEXANDRIA, Va.—The NCUA said has engaged with the Department of Defense related to compliance challenges faced by credit unions associated with the DoD's explanation of guaranteed acceptance protection (GAP) insurance housed within the Military Lending Act (MLA) rule.
PITTSFORD, N.Y. — Pittsford Federal Credit Union has paid out its largest-ever Special Member Dividend: $1 million.
MARTINSVILLE, Va.–A former employee of CUNA who is running for Congress has as part of his platform at least one plank that’s at odds with his former employer.
BURNSVILLE, Minn. – Bill Raker, the president/CEO of Firefly Credit Union, has announced plans to retire at the end of this year.
TALLAHASSEE, Fla.–Member Business Solutions, which for the past 15 years has provided credit unions with smart commercial lending decisioning, has rebranded itself.
PLANO, Texas–The Cornerstone Credit Union League and CUNA have filed an amicus brief supporting a motion to dismiss a lawsuit filed against Local 20 IBEW Federal Credit Union that alleges the CU’s website violates the Americans with Disabilities Act.
WASHINGTON—CUNA and the Financial Services Information Sharing and Analysis Center (FS-ISAC) will host a webinar with NCUA examiners to explain the new Automated Cybersecurity Examination Tool (ACET).
WASHINGTON – The Federal Housing Finance Agency's is being asked to pursue the "lender choice" option to provide credit unions with more flexibility, rather than continuing to use a one-size-fits-all approach to credit score models.