DOL Could Let Overtime Regulations Fade Away

New overtime regulations put in place by the Obama administration could end up fizzling if the Department of Labor fails to battle for their implementation. That’s according to a Society for Human Resource Management report, which says the DOL’s...

Lawsuit Dismissed Against PenFed

A U.S. District Court judge in Virginia dismissed a $5 million civil lawsuit last month against the $21.3 billion Pentagon Federal Credit Union because the allegations of sexual harassment, a hostile work environment, retaliation, age discrimination and wrongful...

NASCUS Pushes for Five-Member NCUA Board in CHOICE Act

NASCUS will continue to press House Financial Services Chairman Jeb Hensarling (R-Texas) to propose expanding the NCUA board from three to five members as part of his massive overhaul of the Dodd-Frank Act, association president Lucy Ito said Monday. In the version of...

Government Shutdown Won’t Impact CFPB, NCUA for Now

The NCUA and the CFPB will not close even if there is a lapse in federal funding at the end of the week and many agencies are forced to shut down most operations. The two agencies are not subject to the appropriations process, so their funding is not contingent on a...

CU Professionals Make Career Advancements

This past week, HR departments at nine credit unions across the country were busy helping employees move to the next level in their careers. Check out the latest People news here. WEST The $1.2 billion Columbia Credit Union Vancouver, Wash., hired Allan...

Social Media Challenges for Credit Unions

The financial services industry has a love-hate relationship with social media. They like how accountholders can communicate directly with financial institutions but fear how startups use it to threaten traditional relationships. Almost two-thirds of American adults...