ST. LOUIS—The $545-million Neighbors Credit Union has reported a data breach that apparently was the result of the ransomware group known as BLACK SUIT, Claim Depot reported.
Fresh Today
MCLEAN, Va.— Mortgage rates moved slightly higher this week, Freddie Mac reported.
ALEXANDRIA, Va.— NCUA Chairman Kyle Hauptman is inviting credit unions to provide suggestions and feedback on the agency’s operations and initiatives to assist in developing the NCUA’s 2026–2030 Strategic Plan, which guides the agency’s operational and budgetary priorities, the agency said.
WASHINGTON—The U.S. House of Representatives has passed H.R. 1, the One Big Beautiful Bill, which leaves the credit union tax exemption in place.
WASHINGTON--As the Senate begins consideration of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act (S. 1582), America’s Credit Unions said it is fighting two “poison pill” amendments.
WASHINGTON--Streamlining processes and providing targeted training and technical assistance would reduce barriers to credit union participation in Small Business Administration (SBA) lending programs, wrote America’s Credit Unions President/CEO Jim Nussle in a letter sent ahead of this week's Senate Appropriations Subcommittee on Financial Services and General Government hearing where SBA Administrator Kelly Loeffler testified.
WASHINGTON--The House Financial Services Committee advanced five CU-supported bills at the close of a two-day markup Wednesday.
WASHINGTON—More than 600 credit union presidents and CEOs joined together to send a letter to the U.S. House of Representatives ahead of the vote on the One Big Beautiful Bill, America’s Credit Unions reported.
WASHINGTON--Former NCUA board members Todd Harper and Tanya Otsuka have filed a response opposing the Department of Justice’s (DOJ) cross-motion for summary judgment, contending that their dismissals violate federal law, America’s Credit Unions reported.
ALEXANDRIA, Va.—NCUA lacks two key tools needed to effectively monitor how regulated financial institutions are using artificial intelligence, according to a new report from the Government Accountability Office (GAO).