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?

Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

Proposed Third-Party Risk Management Guidance

AGENCY: The Office of the Comptroller of the Currency (OCC), Treasury, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA). ACTION: Proposed interagency...

Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments

AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of submission to the Office of Management and Budget. SUMMARY: As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting the following...

Leagues Pile On, Joining CUNA’s Equifax Lawsuit

Three credit union leagues have joined CUNA in its lawsuit against Equifax over the credit bureau’s recent data breach that compromised personal financial information for more than 145 million people. The Credit Union Association of New Mexico, the...

Equifax Says Vendor Responsible for Malicious Content on Website

It wasn’t us. Equifax Inc. said it was a third-party vendor that served malicious content on its website and it has taken the page offline to conduct further analysis. “Equifax can confirm that its systems were not compromised and that the reported issue...

Equifax Pulls Web Page Offline After Another Possible Attack

Equifax Inc. pulled one of its customer help pages from its site so the company’s security team can investigate reports of another possible cyber attack. "We are aware of the situation identified on the equifax.com website in thecredit report assistance link,"...

Survey: Retail Websites May Know CU Members Better Than You

Credit unions may have access to mountains of data, but 59% of their members apparently feel retail websites such as Amazon, Netflix and Zappos know them better than their credit unions do, according to a new survey of 2,201 U.S. adults by financial services software...

One CU Office Damaged, Others at Risk in California Fires

At least one credit union office has been damaged by the fires raging through California, although that number could increase as the fires ravage several counties in the state, according to officials from the California and Nevada Credit Union Leagues. An office of...