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...
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?
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...
Professionals Make Moves at Credit Unions, CU Direct
This past week, employees at five credit unions began new positions. Plus, auto lending CUSO CU Direct promoted an executive. WEST The $1 billion Credit Union 1 in Anchorage, Alaska promoted James Wileman from COO to president/CEO. Wileman joined Credit Union 1 as...
Cyber Hacks Cost Up to $109 Billion in 2016, U.S. Estimates
Malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016, the White House said Friday. The estimate comes in a Council of Economic Advisers (CEA) report on the impact of cyber attacks on U.S. government and industry. The...
