by GrafWebCUSO | Mar 6, 2017 | News
A former CEO of a West Virginia credit union who embezzled more than $156,000 over three years was sentenced to one day in jail, while a teller who worked for an Alaskan credit union for few months and stole more than $100,000 will serve one year in federal prison....
by GrafWebCUSO | Mar 3, 2017 | News
Tax-related themes are frequent lures for phishing emails and websites. Sunnyvale, Calif.-based Proofpoint revealed cybercriminals expanded their attack methods this tax season to include ransomware, malware, malicious documents, and social engineering. In a blog the...
by GrafWebCUSO | Mar 3, 2017 | News
Opening a checking account using only a smartphone or tablet is still a pipe dream for most users, according to new research from Javelin Strategy & Research. According to a study of nearly 1,400 people who successfully applied for checking accounts at the...
by GrafWebCUSO | Mar 3, 2017 | News
NAFCU is asking the Financial Stability Oversight Council (FSOC) to step in and void new regulations issued by the CFPB. In a letter to Treasury Secretary Steven Mnuchin NAFCU President/CEO B. Dan Berger requested that FSOC use its authority under Dodd-Frank to stay...
by GrafWebCUSO | Mar 3, 2017 | News
A former president/CEO of a merged Nebraska credit union will face a federal judge March 14 on six felony bank fraud charges. According to an indictment filed by federal prosecutors last week, Christine Darley, 44, allegedly embezzled more than $535,000 from the $3...
by GrafWebCUSO | Mar 3, 2017 | News
If ignorance is bliss, lots of Americans are humming a happy tune. Specifically, 81% of Americans polled by CreditCards.com did not know enough about the Consumer Financial Protection Bureau to have an opinion about it, even though the five-year-old...