House appropriations subcommittee on Thursday approved a FY2017 spending measure that cuts the Community Development Financial Institutions program 23% and makes the CFPB and NCUA subject to the appropriations process. The Financial Services Subcommittee approved the...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
Debt Collector’s Fraud Hits California, Nevada & Washington CUs
Credit unions in the western U.S. are impacted by a debt collector's fraud scheme.
Under Attack Again, Petya the Latest Assault
A new ransomware attack this week exposes flaws in utility and financial systems worldwide.
MBL Cap Hampers Credit Union Participation in SBA Program
Credit union leader testifies that "antiquated and arbitrary" lending caps are barriers to participating in SBA programs.
Apple FCU Names New CEO
Andrew C. Grimm is named the new president/CEO of Apple Federal Credit Union.
Credit Unions Become Cops Under AML/BSA Rules
When it comes to enforcing the Bank Secrecy Act, credit union official says, "we are not law enforcement agents."