Fresh Today

Fresh Today

VIENNA, Va.—Navy Federal Credit Union reports that card skimming is the source of fraud that led to some members recently seeing fraudulent charges on their accounts.

WABASH, Ind.—In a move that may be the first of its kind among credit unions, Beacon CU is planning to acquire Midwest AG Finance, an industrial loan and investment company based in Rushville, Ind.

ARLINGTON, Va.—NAFCU is dialing back its original estimates on the potential costs of the second risk-based capital proposal.

INDIANAPOLIS—Anthem, the second-largest health insurer in the U.S., said that its systems have been breached that data related to approximately 80-million customers and employees may be at risk.

LOS ANGELES—A new study reveals that two-thirds of online buyers don’t think retailers’ data security measures are strong enough to protect their card and personal data.

HAWTHORNE, Calif.—The $2-billion Western Federal Credit Union has paid a bonus distribution of $3 million to its members, an initiative it is calling “$Three Million Thanks.”

DENVER—The first credit union chartered to serve the marijuana industry has its sign up and its office is preparing to open for business soon.