BRONX, N.Y.—Just what happened at Bethex CU that led to its conservatorship by NCUA Friday isn’t completely clear—but the $13-million credit union’s financials tell a story of a once successful CDCU with a well-respected CEO, that struggled with net income for much of the last 15 years.
ARLINGTON, Va.–NAFCU has sent a letter to the Federal Financial Institutions Examination Council (FFIEC) member agencies regarding the proposed collection of information required under the FFIEC Cybersecurity Assessment Tool (Assessment) urging it to keep compliance voluntary.
CHICAGO–The CUToday For a Better Tomorrow Initiative has now gone international.
PLANO, Texas—Following last week’s decision by the Federal Reserve to not change interest rates, one analyst is offering his take on how to read between the lines of the statement the Fed issued with its decision.
LUBBOCK, Texas–Rep. Randy Neugebaur (R-TX) announced he will retire after his current term expires.
WASHINGTON, D.C. – The Consumer Financial Protection Bureau has appointed new members to its Credit Union Advisory Council, as well as its Consumer Advisory Board and Community Bank Advisory Council.
SPANAWAY, Wash.–A hazardous materials team responded to a call from a branch of Harborstone Credit Union here after several employees reported feeling sick after touching a substance found on some currency.
AUSTIN, Texas–A new report from Software Advice has found that a significant number of U.S. retailers do not have a POS system in place that is compliant with the upcoming EMV payment standard, including a “surprising” finding that many retailers believe it’s all unnecessary.
MADISON, Wis.—CUES CEO John Pembroke and Khorus CEO Joel Trammell will be the featured presenters during a webinar titled “Optimizing Strategy & Execution” on Sept. 22 at 2 p.m. ET.
DENVER—Are mobile payments more convenient than swiping a card? A new study indicates many consumers may not think so.
