WASHINGTON--Of the $1.2 trillion in federal aid disbursed on an emergency basis to small businesses during the pandemic, at least $200 billion — or 17% — may have gone to scammers, according to a new government report.
Fresh Today
ALEXANDRIA, Va.—NCUA has released its Report to the Committee on Financial Services of the House of Representatives and to the Committee on Banking, Housing, and Urban Affairs of the Senate on Cybersecurity and Credit Union System Resilience. Among the report’s points, it calls out the need for the agency to have authority over third-party vendors.
TALLAHASSEE, Fla.–Florida Gov. Ron DeSantis has vetoed a bill that would have increased interest rates on large personal loans made to Florida residents, a move that has gotten support from Self-Help Credit Union and the Center for Responsible Lending (CRL).
ATHENS, Ga.–Two-dozen credit union executives have graduated from Southeast CUNA Management School.
ONTARIO, Calif.–Tracie Kenyon, the recently retired CEO of Montana’s Credit Unions, has joined Humanidei as executive development partner.
RALEIGH, N.C.–The Carolinas Credit Union League said its HR consulting service subsidiary, PLR, has new branding.
NEW YORK—Glia, a provider of Digital Customer Service (DCS), said it has been Certified by Great Place To Work for the third year in a row.
JACKSONVILLE, Fla.–VyStar Credit Union here has become the latest CU to join the Community Spark Program, a training program for member services specialists that was developed by the Southeastern Credit Union Foundation (SECUF), the charitable arm of The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates).
ALEXANDRIA, Va.—NAFCU and CUNA have each submitted comments to NCUA in response to the agency’s request for information (RFI) on current and future climate and natural disaster risks to federally insured credit unions (FICUs).
TALLAHASSEE, Fla.– The League of Southeastern Credit Unions, which noted “climate change will uniquely affect” the 311 CUs it represents across three states, has filed a comment letter on NCUA’s climate change proposal in which it is urging the agency to take action.