by GrafWebCUSO | May 15, 2017 | News
Credit unions serving military personnel have seen a drop in consumer loans, which trade groups attribute to regulations designed to protect service members from lending abuses. CUNA and an allied group, the Defense Credit Union Council, sent a seven-page letter to...
by GrafWebCUSO | May 15, 2017 | News
Democrats have requested three additional House Committees to review provisions of the House Financial Services Committee Financial CHOICE Act, a move that could delay House consideration of the measure. The Financial Services Committee approved Chairman Jeb...
by GrafWebCUSO | May 15, 2017 | News
Three financial services trade organizations had mixed reactions to an executive order, signed by President Trump last week, that calls for a massive review of cybersecurity efforts in government agencies, requires agencies to use one set of cybersecurity...
by GrafWebCUSO | May 15, 2017 | News
A cybersecurity bomb unleashed a massive ransomware campaign affecting 200,000 computers, and numerous organizations, with thousands of infections in more than 150 countries including the United States, United Kingdom, and Russia. The latest version of this ransomware...
by GrafWebCUSO | May 15, 2017 | News
The Independent Community Bankers of America are asking the Trump Administration to push for a review of the credit union tax exemption, contending that they have an unfair advantage over banks. In a white paper sent last week to Treasury Secretary Mnuchin, the ICBA...
by GrafWebCUSO | May 15, 2017 | News
Douglas Samuels, president/CEO of the $4 billion Space Coast Credit Union, died suddenly and unexpectedly Friday, the Melbourne, Fla.-based credit union said Friday. He was 57. Samuels joined SCCU in 1991 as the vice president of information systems. He was...