With Military Members Targeted By Imposter Scams, Live Facebook Event To Be Held 07/14/2018 08:18 pm ALEXANDRIA, Va.—Members of the military, veterans, and their families lost more than $25 million last year to imposter scams. To battle the problem, NCUA and the Federal Trade Commission are hosting a live Facebook event on July 17 to help military consumers learn how to protect themselves.
Why Many CUs Should Carefully Evaluate New Excise Tax 07/02/2018 07:42 pm SAN ANTONIO—Credit unions that believe they are not impacted by the 21% excise tax on executive compensation exceeding $1 million annually should review the new rule closely, advises SWBC.
More Than 800 E-Commerce Sites Targeted In Digital Card Skimming Scheme 07/14/2018 08:18 pm SAN FRANCISCO—More than 800 e-commerce sites worldwide have been targeted by a digital credit card skimming campaign, according to cybersecurity firm RiskIQ.
RESPA For The Weary: Trade Groups Back Bill Providing Relief 07/14/2018 08:19 pm WASHINGTON—CUNA and NAFCU joined other trade organizations last week to back a Senate bill that would make regulatory relief changes to the Real Estate Settlement Procedures Act (RESPA).
Time For CUs To 'Play Bigger' In Digital Delivery 07/02/2018 07:45 pm ST. PETERSBURG, Fla.—Competition and consumer expectations around digital delivery are ramping up quickly, making it necessary for credit unions to play bigger in the digital arena, says Lumin Digital.
Idaho Central Credit Union In Naming Rights Deal 07/14/2018 08:19 pm CALDWELL, Idaho–Idaho Central Credit Union has entered into a naming rights agreement with Destination Caldwell to rename the Indian Creek Plaza’s main stage. The $1-milion deal is for 15-years and has been authorized by the Caldwell City Council.
NAFCU Talks Tax Exemption with Congressman; CUNA Meets With NCUA 06/27/2018 09:51 pm WASHINGTON—NAFCU has met with a congressman to talk about the CU tax exemption, while three CUNA execs met with the NCUA chairman to talk reg burden.
Mass Uncertainty: Flux Grows Around Pot Biz, Financial Services In Bay State 06/27/2018 08:00 pm BOSTON–The uncertainty surrounding services to this state’s recreational marijuana industry—as well as the industry itself—has only grown following a ruling allowing Massachusetts’ cities and towns to delay allowing pot-related businesses to open.
Delay Of NCUA Risk-Based Capital To Be Discussed In Senate 07/09/2018 07:52 pm WASHINGTON—The possibility of delaying NCUA’s risk-based capital (RBC) rule will be discussed by the House and Senate this week.
LICUs Can Begin Submitting Apps To Revolving Loan Fund on July 1 06/27/2018 08:01 pm ALEXANDRIA, Va. – Low-income credit unions interested in applying for Community Development Revolving Loan Fund grants can begin submitting applications July 1, according to NCUA.