At least six of the 13 credit unions based in Corpus Christi, Texas will be closed Friday and Saturday as the coastal city of more than 320,000 is expected to be in the center of Hurricane Harvey when it hits landfall Friday night. An additional eight credit unions in...
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?
Security Protocol Deadline Nearing, & It’s a Big Deal, Experts Warn
A looming deadline regarding a relatively obscure piece of security technology could soon give credit unions major headaches and call attention to weak spots in their data protections, industry experts warn. At issue is an authentication protocol called...
CUNA Announces D.C. Move in 2018
CUNA said Wednesday it will move into a new office during the spring of 2018 at the 99M building currently under construction at Washington D.C.’s Riverfront neighborhood. The national trade organization plans to lease 22,000-square-feet on the third floor in a...
U.S. New-Home Sales Dropped in July
A decline in U.S. purchases of new homes in July may be a sign the industry took a breather following an even stronger run of sales than previously reported, according to government data Wednesday. Highlights of New Home Sales (July) Single-family home sales fell 9.4%...
Retirement Savers, Non-Savers Say Financial Stress Affects Work
Financial stress is taking a toll on American workers, not just on the job but on their efforts to save for retirement. That’s according to a survey from Charles Schwab’s Retirement Plan Services, which finds that financial stress has...
Grand Jury Indicts Virginia Couple in CU Fraud Case
A federal grand jury returned an indictment last week against a Virginia couple in a credit union fraud case that has captured the national media spotlight because the accused formerly worked for Democratic House members, including Congresswoman Debbie Wasserman...