ALEXANDRIA, Va.–Total shares and deposits at federally insured credit unions grew past $1 trillion in the fourth quarter of 2015, according to new data released by NCUA.
Fresh Today
NEW ORLEANS– The U.S. Court of Appeals for the Fifth Circuit has upheld a Texas state law that prohibits merchants from imposing a surcharge on a buyer who uses a credit card. Credit unions had supported the prohibition.
WASHINGTON–The data breach reported by Wendy’s has led to “unusually high levels” of debit card fraud at credit unions, according to fraud expert Krebs on Security and NAFCU.
ARLINGTON, Va.—With the Temporary Corporate Credit Union Stabilization Fund receiving a seventh consecutive clean audit opinion, and showing a positive net position for two consecutive years, NAFCU again is urging NCUA to consider refunding money to credit unions.
WASHINGTON–The Consumer Financial Protection Bureau has ordered online payment platform Dwolla to pay a $100,000 penalty for deceiving consumers about its data security practices and the safety of its online payment system.
IRVINE, Calif.–Data for home prices in January show the numbers are up both month over month and year over year, according to CoreLogic’s Home Price Index (HPI) and HPI Forecast.
NEW YORK–While home prices continue to show appreciation, for the first time in nearly six years the value of commercial property in the U.S. has declined month over month.
ARLINGTON, Va.—In advance of Wednesday’s House Financial Services Committee mark-up for HR 2896, NAFCU sent a letter to the Committee supporting the bill that would reduce regulatory burden on smaller FIs.
LOS ANGELES–CU Wallet reported it has entered into a strategic partnership agreement with Mogl, a provider of a U.S. merchant rewards program that offers instant cash back for consumers.
CHARLOTTE, N.C.– Virtual StrongBox has received a second patent on its newest security enhancement, which expands on the company’s process for capturing files from the Secure Socket Layer (SSL) stream.