New Credit Union CEOs Take Over in 2018

Credit Unions in California, Oregon, Virginia, Kentucky and New York recently named new CEOs. Gary Rodrigues was promoted to president/CEO of the $9.5 billion Star One Credit Union in Sunnyvale, California’s fourth largest credit union by assets. He succeeded...

House Passes Bill to Increase HMDA Reporting Threshold

The House on Thursday passed legislation that would exempt many credit unions from certain reporting requirements under the Home Mortgage Disclosure Act. Voting 243-184, the House passed H.R. 2954, which would increase the threshold that triggers HMDA disclosures to...

Malicious Chrome Extensions Infiltrate FI Enterprises

Seattle-based ICEBRG’s Security Research Team discovered four malicious Google Chrome extensions affecting some 500,000 users. These provide a substantial pool of resources to use for fraudulent purposes and financial theft. While performing a routine...

NCUA Board to Consider Strategic Plan on Jan. 25

The NCUA board will consider its Strategic Plan at its Jan. 25 meeting. The board has been soliciting public comment on the draft plan, which establishes a variety of agency goals and objectives. The board also will consider its 2018 annual performance plan at the...

Credit Unions Fill Loan Gaps for More Students

Credit unions continued to increase their role as secondary lenders for college students last year, with their private student loan portfolios growing faster than those of other private lenders and the federal government. Borrowers requested forbearance on their...