by GrafWebCUSO | May 12, 2017 | News
The $361 million Hudson Heritage Federal Credit Union is suing CUMIS Insurance for declining to pay a claim after the Middletown, N.Y.-based credit union was victimized by an auto loan fraud ring. In April, May and June of last year, three men joined the credit union...
by GrafWebCUSO | May 11, 2017 | News
Labor Secretary R. Alexander Acosta (Photo: Diego Radzinschi) Labor Secretary R. Alexander Acosta has made halting the fiduciary rule’s June 9 compliance date as a top priority, with published reports saying he’s looking for a way to freeze the rule that...
by GrafWebCUSO | May 11, 2017 | News
Today’s cyber risks come in all shapes and sizes, from disclosure of protected information due to hacking or employee negligence through network shutdown or impairment, regulatory violations, and everything in between. Painfully aware that 100%...
by GrafWebCUSO | May 11, 2017 | News
As the CFPB contemplates regulations governing small business lending, credit unions are asking the agency to ensure that any rules do not conflict with NCUA requirements and do not require data collection that could be misleading. The CFPB held a field hearing on...
by GrafWebCUSO | May 11, 2017 | News
The effects of debt—especially college debt—can weigh on graduates for years, particularly if they don’t get any help in paying off the student loans they’ve amassed. Just how tough it can be for those graduates, and who has the...
by GrafWebCUSO | May 11, 2017 | News
The $189 million Trona Valley Community Federal Credit Union in Green River, Wyo., inked an asset purchase and liability assumption agreement last week to buy the $36 million State Bank also based in Green River. Financial terms of the deal were not disclosed....
