Verizon’s Mobile Security Index, found many organizations – including those in the financial services such as credit unions and banks – overlook basic mobile cybersecurity principles, leaving themselves and customers vulnerable to attacks....
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?
PAL Program Can’t Replace Payday Lenders: Pew
The highly touted NCUA Payday Lending Alternative model is not an effective replacement for storefront short-term lenders that charge customers exorbitant interest rates, Nick Bourke, director of The Pew Charitable Trusts’ consumer finance project said Monday....
CFPB Wants to Know How Well It Engages With Public, Stakeholders
The CFPB is asking for public comments on how well it engages with the public and stakeholders, including the activities of its Credit Union Advisory Council. The request for information in assessing its public and non-public is one of several Acting Director Mick...
How Does Workplace Culture, Well-Being Impact Employee Engagement?
How do company culture and employer health and well-being practices affect employee engagement and turnover? Do employees feel supported by the culture in the workplace? Those are some of the questions the Health Enhancement Research...
Former Michigan CEO Admits Embezzlement
Stanley Hayes, former president/CEO of the liquidated Valley State Credit Union, is scheduled to be sentenced in April after he admitted to embezzling $710,000 from the Saginaw, Mich. cooperative. Michigan Attorney General Bill Schuette said Hayes pleaded guilty in a...
Florida CUs Rally for High School Shooting Victims & Families
While the mood throughout south Florida remains somber following the shooting deaths of 17 people at Marjory Stoneman Douglas High School in Parkland, Fla. on Valentine’s Day, credit unions throughout Broward County are rallying behind the school community and...