Credit Union Low-Tech Cybersecurity Action Plan

The great paradox of cybercrime is that credit unions’ biggest vulnerability isn’t their technology, it’s the people who use it. “It’s low-tech. It’s human error; people sending PII or SII. Folks are not breaking into the 256-bit...

CFPB Changes Omitted From Final Spending Bill

Congressional Republicans have dropped plans to enact changes to the CFPB through the appropriations process. Congressional negotiators this week released their version of a Continuing Resolution that, in most cases, would fund federal programs until April 28. The...

Former Interim CEO Charged With Theft

A former interim credit union CEO was accused of allegedly stealing more than $130,000 from the $7 million N.G.H. Credit Union in Nashville, Tenn., the Tennessee Bureau of Investigation said Tuesday. TBI, the state’s primary criminal investigative agency,...

Student Loan Debt Reality Bites

[embedded content] Credit unions are partnering with the documentary filmmaker Adam Carroll. His film, “Broke, Busted and Disgusted” takes a look at the harsh realities of student loan debt that college students are facing. Many credit...

DOL Fiduciary Rule Likely Delayed, Not Derailed

Industry officials agreed Tuesday that while there could likely be a delay in the Department of Labor’s fiduciary rule, outright repeal of the rule is unlikely, so advisors and broker-dealers should continue to get ready for the April compliance date. “I...