The NCUA said Tuesday it granted a federal charter and share insurance fund coverage to the $1.1 billion Firefighters First Federal Credit Union in Los Angeles. The new charter, which became effective April 18, will enable Firefighters First FCU to offer consumer...
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?
Americans’ Personal Economic Anxiety Down Since Election
After reporting growing anxiety during the year before the November presidential election, the latest Marketplace-Edison Research Poll showed that the Economic Anxiety Index has decreased, from 36 in October to 32. The poll found that Americans had an overall...
Durbin Amendment Fight: Who’s Ready, Who’s Not?
A fight to repeal the so-called Durbin Amendment could put any effort to overhaul Dodd-Frank at risk, Mallory Duncan, senior vice president and counsel at the National Retail Federation warned Tuesday. “There’s not an appetite to have this fight...
Survey Reveals Unsafe Workplace Data Security Practices
Almost three in four employees are willing to share sensitive, confidential or regulated company information under certain circumstances. A third said it’s common to take confidential data when leaving a company. Those are a couple of the findings from a Dell...
DOL Could Let Overtime Regulations Fade Away
New overtime regulations put in place by the Obama administration could end up fizzling if the Department of Labor fails to battle for their implementation. That’s according to a Society for Human Resource Management report, which says the DOL’s...
Lawsuit Dismissed Against PenFed
A U.S. District Court judge in Virginia dismissed a $5 million civil lawsuit last month against the $21.3 billion Pentagon Federal Credit Union because the allegations of sexual harassment, a hostile work environment, retaliation, age discrimination and wrongful...