by GrafWebCUSO | Jul 5, 2017 | News
It was interesting to read David Baumann’s June 23, 2017 article on the 22 trade groups that are asking Congress to convert the CFPB into a five-member, president-appointed, Senate-confirmed, bi-partisan commission. The most interesting aspect about this effort...
by GrafWebCUSO | Jul 5, 2017 | News
Lakeland, Fla.-based MidFlorida Credit Union has agreed to pay $2.375 million to settle a class-action lawsuit regarding its overdraft fee practices. The settlement requires MidFlorida CU, which has $2.9 billion in assets and 271,000 members, to pay members for...
by GrafWebCUSO | Jul 3, 2017 | News
Six former credit union employees, including two CEOs, a commercial services manager, a teller and a senior member service representative were banned from participating in the affairs of a federally insured financial institution, according to a prepared statement...
by GrafWebCUSO | Jul 3, 2017 | News
The NCUA failed to follow basic rules in contracting for goods and services, leaving the agency vulnerable to fraud and abuse, the department’s Office of Inspector General said in an audit of agency activities between Jan. 1, 2011 and June 30, 2016. “We...
by GrafWebCUSO | Jul 3, 2017 | News
When buyers are looking for a second home at a reasonable price, they’re likely to be looking in Tennessee, North Carolina, Florida and Maryland. Those states dominate the top 10 of a list of 100 cities identified Monday by ATTOM Data Solutions as the best...
by GrafWebCUSO | Jul 3, 2017 | News
They carry names such as WannaCry, Petya, SamSam, Industroyer and GhostHook, not wrestlers or hurricanes, but malware threatening systems everywhere. Are credit unions fearful enough and how can they protect themselves? CU Times asked some experts how credit unions...
