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WASHINGTON—Rep. Barry Loudermilk (R-GA) has introduced the Financial Reporting Threshold Modernization Act (H.R. 6850), which would reform the Bank Secrecy Act (BSA) and provide some relief to credit unions by raising certain thresholds, including for currency transaction (CTR) and suspicious activity reports (SAR).

NASHVILLE, Tenn.–Seth Mattison acknowledged from the outset it’s a topic that makes CU audiences want to “puke.” But it’s also a topic CUs must rethink if they wish to “future-proof” their own organizations, he said. The topic: Millennials, Gen Z and youth. The why: Relevance.

Service Credit Union

Service Credit Union says it's 'ready.'

WOODBURY, Minn.–Ideal Credit Union hosted two sessions of its award- winning “Money Talks” financial literacy program, attracting 42 students from around the metro area.

LONDON–Equifax has been hit with the maximum possible fine under U.K. law for "multiple failures" that contributed to its massive 2017 data breach.