Screenshot taken from video recorded on Facebook. An alleged discrimination incident caught on video at a Washington credit union last week against a Muslim black woman ignited a social media firestorm from thousands of people demanding that the employee involved be...
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?
Alleged CU Discrimination Incident Sparks Social Media Outrage
Screenshot taken from video recorded on Facebook. An alleged discrimination incident caught on video at a Washington credit union last week against a Muslim black woman ignited a social media firestorm from thousands of people demanding that the employee involved be...
Schumer Recommends Rohit Chopra for Seat on FTC
Senate Democratic Leaders Charles Schumer (D-N.Y.) has recommended former CFPB Assistant Director Rohit Chopra for a seat on the Federal Trade Commission. Chopra currently is a senior fellow at the Consumer Federation of America, where he leads research and advocacy...
Credit Union Sues Chipotle After Alleged Breach
Bellwether Community Credit Union has filed a class-action lawsuit against Chipotle and is seeking damages related to the fast-casual restaurant company’s recent data security breach, according to documents filed in a Colorado District Court on May 4. The suit...
NCUA Should Abandon Alternative Capital Plan: Bankers
Banking groups are blasting the NCUA for considering expanding options for credit unions to build capital beyond retained earnings, charging that such an expansion would violate federal law. The American Bankers Association and the Independent Community Bankers...
Google Docs Phished Under OAuth, Door Opened to Copycat Attacks
Experts reacted to a Google Docs phishing attack that hijacked Gmail accounts and spammed contact lists. Google shut down the attack but not before it affected an estimated one million users. Google said in a statement it has disabled the aberrant accounts, which...

