by GrafWebCUSO | Dec 30, 2016 | News
Credit unions, as well as the entire financial services industry, should be encouraged by the recent remarks of President-elect Donald Trump relating to government regulations. Mr. Trump has stated that for every new regulation imposed by a government agency, he wants...
by GrafWebCUSO | Dec 30, 2016 | News
Ted Bilke, president of core provider Symitar, a division of the Monett, Mo.-based Jack Henry & Associates, offered several 2017 trends and predictions that could impact credit unions directly or indirectly. 1. Growth Strategy Geographic expansion will continue....
by GrafWebCUSO | Dec 29, 2016 | News
A former president/CEO will be sentenced in April for embezzling $741,362 from the $4.6 million Corry Area Schools Federal Credit Union in Corry, Pa. Karen Schenck, 50, of Bear Lake, Pa., pleaded guilty to one count of embezzlement in U.S. District Court in Erie on...
by GrafWebCUSO | Dec 29, 2016 | News
2016 is ending on bad news about student loans and how they drag down the financial well-being not just of students, but of the elderly. In a coal-in-the-stocking move the week before Christmas, the Treasury Department declined to go along with congressional...
by GrafWebCUSO | Dec 29, 2016 | News
The increased frequency of DDoS attacks in 2016 does not bode well for 2017 across all industries, including credit unions and financial services, according to Sterling, Va.-based information provider Neustar, Inc. In its in-depth research report DDoS & Cyber...
by GrafWebCUSO | Dec 29, 2016 | News
The Obama Administration is going to bat for the CFPB, telling an appellate court that its ruling that the agency’s structure is unconstitutional is deeply flawed. And in court documents, the Department of Justice supports the CFPB’s efforts to convince...