by GrafWebCUSO | Mar 28, 2017 | News
Although they’re fighting various regulatory battles with each other, banks and credit unions Tuesday identified a common enemy Tuesday that they say are hindering their ability to make loans to small businesses. The regulatory regime established by Dodd-Frank...
by GrafWebCUSO | Mar 28, 2017 | News
Credit union loans grew in January at their fastest rate in 17 years, led again by loans for cars and businesses, according to a CUNA Mutual Group report released Tuesday. Credit union loans grew 12.8% in January 2017, the highest seasonally-adjusted annualized rate...
by GrafWebCUSO | Mar 28, 2017 | News
A former employee for a Wyoming credit union was sentenced on March 7 after admitting to embezzling more than $30,000. Maureen Hall, 59, of Cheyenne, Wyo., pleaded guilty to one count of credit union embezzlement. U.S. District Judge Nancy D. Freudenthal sentenced...
by GrafWebCUSO | Mar 28, 2017 | News
In early March, WikiLeaks revealed the Vault 7 papers, allegedly an insight into CIA techniques. However, their unveiling created a commotion in the security community, particularly when it comes to payments. “2017 has already proven to be an entertaining and...
by GrafWebCUSO | Mar 28, 2017 | News
The Independent Community Bankers of America (ICBA) has decided not to appeal a federal judge’s decision to toss an ICBA suit challenging the NCUA’s Member Business Lending rules. “Instead, ICBA will explore all avenues for redress of NCUA’s...
by GrafWebCUSO | Mar 27, 2017 | News
The Royal Credit Union in Eau Claire, Wis. said Monday its President/CEO Rudy Pereira for five years will resign April 14 to become the new president/CEO of the $2.2 billion Premier America Credit Union in Chatsworth, Calif. Royal CU said the move will allow...
