Herb Wegner Memorial Award Winners Honored: GAC

WASHINGTON – This year’s recipients of the prestigious National Credit Union Foundation’s Herb Wegner Memorial Award were a former undocumented immigrant who became a credit union CEO, a retired president/CEO of the nation’s largest CUSO, who...

Economists Project Strong Credit Union Loan Growth: GAC

From left to right: Bill Hampel, chief economist and chief policy officer for CUNA, Steve Rick, chief economist for CUNA Mutual Group, Mike Schenk, vice president, economics and statistics at CUNA and Perc Pineda, CUNA’s senior economist. WASHINGTON –...

Credit Unions Sue Arby’s After Alleged Data Breach

Four credit unions and the Michigan Credit Union League have filed class-action suits against fast food giant Arby’s Restaurant Group, which recently acknowledged a potential data security incident. The complaints allege that malware on the Arby’s...

CFPB Gives Hints About UDAAP Enforcement: GAC

WASHINGTON – While it’s difficult to predict where the CFPB might strike next in taking action based on unfair, deceptive or abusive acts or practices (UDAAP), credit unions can get clues by carefully reading agency consent orders, attorney David Reed said...