ARLINGTON, Va. –The trade group representing state credit union regulators wants NCUA to consolidate its rules so that those that are applicable to federally insured, state-chartered CUs can be more readily understood.
Fresh Today
NORTH HIGHLANDS, Calif.– Henry Wirz, the well-known and longtime CEO at SAFE Credit Union here, said he will retire at the end of March in 2016.
WASHINGTON–The credit union trade groups have joined with two bank trade groups to urge the Senate to move forward with S. 754, the Cybersecurity Information Sharing Act (CISA).
SAN JUAN, Puerto Rico–NCUA is downplaying potential risk to federally chartered credit unions here after Puerto Rico defaulted on a $58-million payment on bonds that are largely held by credit union members.
RALEIGH, N.C.–Stress testing, even for financial institutions not required by regulators to conduct such analyses, is a prime focus during financial institutions examinations, according to a new survey. But the primary focus remains on asset quality, the survey also found.
HENDERSON, Nev.—Need to convert cash into bitcoins? Head to the Mike Tyson Bitcoin ATM.
SAN JOSE, Calif.–The number of attacks on debits cards used at ATMs nationally has hit a 20-year high, according to analysis released by Fair Isaac Corp. Fair-Isaac said it found that debit card compromises at ATMs on financial institution properties leaped 174% between Jan. 1 and April 9 of this year, while attacks on “nonbank” machines leaped by 317% over the same period.
LAS VEGAS–Five defense credit unions will be recognized with Distinguished Service Awards by their respective branches of the armed services during the Defense Credit Union’s 52nd Annual Conference here later this month.
SANTA ROSA, Calif.–A man has been arrested here and charged with suspicion of grand theft and fraud in a scam that involved Facebook and allegedly defrauded members of Redwood Credit Union.
DENVER – NAFCU is hosting its inaugural Risk Management Seminar here this week at the Grand Hyatt Hotel.
