by GrafWebCUSO | Mar 22, 2017 | News
Rep. Tom Graves, R-Ga., introduced a bill as a discussion draft that would allow a victim of a cyberattack to access the attacker’s computer in order to gather information about the attack to share with law enforcement or to stop the hacker from continuing to...
by GrafWebCUSO | Mar 22, 2017 | News
Some community development credit union officials said that they rely on the funds provided by the Community Development Financial Institutions Fund (CDFI) to help provide start-up loans to businesses. However, the Trump Administration has proposed killing the...
by GrafWebCUSO | Mar 22, 2017 | News
A former credit union board chair and CEO and a board member face decades in prison for their roles in taking control of a New Jersey credit union and using it to conceal an illegal Bitcoin operation that ran tens of millions of dollars in ACH transactions. Last week,...
by GrafWebCUSO | Mar 21, 2017 | News
For decades, credit unions have sold themselves as being different than other financial institutions. Their corporate structure as cooperatives made them different in form but the difference went beyond just that. They were smaller, dedicated in philosophy and...
by GrafWebCUSO | Mar 21, 2017 | News
Efforts to encourage new credit unions are hamstrung by a 17-step chartering process and burdensome regulations—hurdles that are too high for many potential financial institutions to clear, the president of a New York City credit union told a House subcommittee...
by GrafWebCUSO | Mar 21, 2017 | News
The judge overseeing the lawsuit filed by nine plaintiffs in Texas against the Department of Labor’s fiduciary rule denied an emergency request by the groups to stop the rule from taking effect while they take their case to the U.S. Court of Appeals...
