CHICAGO–Alliant CU, which announced last week it was victimized by a large identity theft attack, now says it believes the crooks were focused on stealing money from financial institutions and not the people whose identity they used.
Fresh Today
WASHINGTON—NAFCU has sent Treasury Secretary Steve Mnuchin a "framework" for how the current administration could create meaningful regulatory relief for credit unions.
SAN FRANCISCO–Despite nearly $200 million in fines, lawsuits and extensive bad press related to its bogus account-opening scandal, shareholders of Wells Fargo voted to re-elect all of the bank’s directors, although in some cases by slim majorities.
WASHINGTON—NAFCU, CUNA and 26 other trade associations have lodged support for legislation that would bring financing for Property Assessed Clean Energy (PACE) loans under the same Truth in Lending Act consumer protections required of other mortgage products.
ARLINGTON, Va.–ROA remains somewhat muted, but credit unions are optimistic, thanks in part to their hopes for a more supportive interest rate environment, according to NAFCU’s latest Economic Monitor.
LAYTON, Utah–CU Prodigy, which describes itself as a 20-person CUSO that is a “David” compared to the industry Goliaths, is alleging that one of those Goliaths recently disinvited it to a national event—and it has created t-shirts to mark the occasion.
ORLANDO–CU*Northwest was named the winner of the 2017 CUSO of the Year award by NACUSO during the group’s annual meeting here.
ARLINGTON, Va.–NASCUS has announced its conference lineup for the remainder of 2017.
SAGINAW, Mich.—Amid analysts’ growing concerns over rising auto lending delinquencies, particularly in the subprime space, a new report suggests that indirect lending led to the recent failure of Valley State FCU.
FORT WASHINGTON, Penn. — Beginning in the fall semester of 2017, TruMark Financial Credit Union will open a new student-operated credit union branch on La Salle University’s campus.