The Federal Reserve Board headquarters in Washington (Photo: Thinkstock) The Federal Reserve Board says assets at U.S. life insurers grew a little in the first quarter, but not as much as overall U.S. wealth. Life insurers held $4.35 trillion...
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?
Credit Unions Have a Perception Problem
Credit unions have a lot of explaining to do. That was a key takeaway CUNA President/CEO Jim Nussle told credit union professionals during the final general session of the Southeast Credit Union Conference in Orlando on Friday. Nussle revealed what he called...
Coopera, Corporate Central, Clark County CU Welcome New Talent
This past week, credit unions across the country welcomed new staff members and made promotions. In addition, credit union consulting firm Coopera and security solutions company DefenseStorm hired new executives. WEST The $650 million Clark County Credit Union in Las...
Holes In EMV-Enabled POS & ATM Systems Open Vulnerabilities
Having an EMV-enabled system in place is not a total guarantee against breaches. Holes in updated POS infrastructures may have instigated recent compromises, and credit unions need to aware as well. According to EMV chip data from The Strawhecker Group more than 52%...
NCUA Board to Consider Whether to Ask for Comments on OTR
The NCUA board will consider whether to open its Overhead Transfer Rate methodology for additional comment when it meets on Friday June 23. The board normally meets on Thursdays, but will meet on Friday this month to allow Acting Chairman J. Mark McWatters to testify...
CU InfoSecurity 2017: Cybersecurity Assessment, Going Phishing
Credit unions received tips on boosting cyberprotection and adhering to regulatory compliance using the Cybersecurity Assessment Tool, better training, and workflow automation at the CU InfoSecurity 2017 conference in San Diego. Jim Brahm, CEO of security assessment...