by GrafWebCUSO | Jan 23, 2017 | News
In the wake of proposed new regulations, a coalition of fintech companies has formed a new trade group aimed at ensuring consumers can access and share financial data with third-party companies. The organization, called the Consumer Financial Data Rights group,...
by GrafWebCUSO | Jan 23, 2017 | News
Five low-income credit unions representing 114,406 members from Mississippi to the Bronx have earned certification as community development financial institutions, the NCUA announced Monday. The five credit unions with combined assets of $744 million are: •...
by GrafWebCUSO | Jan 23, 2017 | News
Firing an opening salvo in the upcoming tax reform debate, NAFCU on Monday said the loss of the credit union tax exemption would have a far-reaching negative impact on the U.S. economy. “Our analysis indicates that removing the credit union tax exemption would...
by GrafWebCUSO | Jan 23, 2017 | News
The Trump administration’s memo, directing federal agencies to delay rule making, likely carries no legal weight with independent agencies, such as the NCUA and the CFPB; but the agencies risk the political wrath of the new president if they don’t fall in...
by GrafWebCUSO | Jan 23, 2017 | News
This past week, seven credit unions across the nation announced new hires, promotions, retirements and accolades. Plus, CU Companies hired a new executive. MIDWEST The $816 million Mayo Employees Federal Credit Union in Rochester, Minn., announced Kenneth L. Kurth has...
by GrafWebCUSO | Jan 20, 2017 | News
Celia Coleman is suing the $20.6 billion PenFed Credit Union, her former employer of 31 years, for $5 million alleging that for the last seven years of her employment she was allegedly subjected to extreme mental abuse, physical abuse, sexual harassment and age...
