Fresh Today

Fresh Today

SCOTTSDALE, Ariz.—Small and medium businesses (SMBs) face the same cyber security risk as big operations, as crooks zero in on the easiest way to get personal data.

CLARKSTON, Mich.—The troubled Clarkston Brandon Community CU, conserved by state regulators in January after former CFO Michael LaJoice allegedly admitted to stealing more than $20 million from the organization, has merged into Michigan State University FCU, NCUA announced Friday.

ALEXANDRIA, Va.—NCUA Thursday announced that it has accepted a $29-million offer of judgment from Credit Suisse to resolve claims arising from losses related to purchases of residential mortgage-backed securities by Members United and Southwest corporate credit unions.

WASHINGTON – Contrary to the perception that the pace of mergers has been increasing, the number of CUs lost to merger in 2015 actually declined, according to new data released by Callahan & Associates.

ALEXANDRIA, Va.—By a 3-0 vote, the NCUA board Thursday approved adding two temporary positions to lead the agency’s Enterprise Solutions Modernization Program (ESMP), which ultimately should lead to shorter on-site exams and contribute to a longer exam cycle, according to the agency.