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Under Attack Again, Petya the Latest Assault

by GrafWebCUSO | Jun 29, 2017 | News

A new ransomware attack this week exposes flaws in utility and financial systems worldwide.

MBL Cap Hampers Credit Union Participation in SBA Program

by GrafWebCUSO | Jun 29, 2017 | News

Credit union leader testifies that “antiquated and arbitrary” lending caps are barriers to participating in SBA programs.

Apple FCU Names New CEO

by GrafWebCUSO | Jun 29, 2017 | News

Andrew C. Grimm is named the new president/CEO of Apple Federal Credit Union.

Credit Unions Become Cops Under AML/BSA Rules

by GrafWebCUSO | Jun 29, 2017 | News

When it comes to enforcing the Bank Secrecy Act, credit union official says, “we are not law enforcement agents.”

Potential Impacts on NCUA & CFPB by House Spending Measures

by GrafWebCUSO | Jun 28, 2017 | News

House Republican appropriators on Wednesday unveiled a FY2017 Financial Services spending plan that incorporates many provisions of the Financial CHOICE Act, including plans to make the NCUA and the CFPB subject to the appropriations process. The Financial Services...

Tampa Man Sentenced in CU Takeover-Illegal Bitcoin Operation

by GrafWebCUSO | Jun 28, 2017 | News

New court documents stemming from Tuesday’s sentencing of a Florida man revealed more than $60 million in ACH transactions was processed through a small New Jersey credit union that was commandeered to operate an illegal Bitcoin operation. Anthony Murgio of...
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