The NCUA earlier this week banned a former accounting specialist, a former board attorney and three other former credit union employees. Anna Chaberek, who worked as an accounting specialist for the $27 million Enterprise Credit Union in Brookfield, Wis., pleaded...
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?
Singles, Couples Need Different Retirement Planning
While the same principles apply in planning for retirement for singles or for couples, the way plans are implemented is different. So says a report on Marketwatch, which points out that singles will “likely” have a...
Attackers Use SEO to Steal Bank Credentials; Hilton Settles for $700K
San Jose, Calif.-based Cisco Talos revealed threat actors used search engine optimization to target specific users with the Zeus Panda, a banking Trojan designed to steal banking and other sensitive credentials. The attackers used malicious links more prevalent in...
Don’t Overestimate the Senate Arbitration Vote
It would be easy to look at the Republican victory in nullifying the CFPB's mandatory arbitration rule as a sure sign that the political clout of the agency is weakening and that it's just a matter of time before it's defanged and powerless. But that's not the case at...
Debating Where Tech Will Take Finance
After the credit crisis of 2008-09, former Federal Reserve Chairman Paul Volcker quipped that the only important innovation the financial industry had come up with in the prior 20 years was the automated-teller machine. Now almost everyone is walking around with a...
Bipartisan Reg Overhaul Bill Still Possible Despite Setback
A key Senate Democrat said he intends to maintain the push for bipartisan banking regulation overhaul legislation even though talks between Senate Banking Committee leaders have broken down. “I still believe we have an opportunity to negotiate a bipartisan...