Washington State Regulators Suspend MBL Rule Hearings

The agency that regulates credit unions in Washington state has suspended hearings on the new MBL rule designed to expand business lending after a banking organization filed suit challenging the rules. The Washington State Division of Credit Unions said it temporarily...

CFPB Takes Action Against Six Loan Companies

It’s been a busy week for the CFPB; since Sept. 21, the agency has taken action against six loan companies and a credit repair firm for deceiving consumers in a variety of ways. On Monday, the CFPB took administrative action against TitleMax parent company, TMX...

4 Steps to Cybersecurity Preparedness

Ray Kelly, vice chair, K2 Intelligence (Gittings Photography) “The message here is please think before you click,” said Ray Kelly, vice chairman of K2 Intelligence. Formerly the longest-serving commissioner of the New York Police Department (NYPD), Kelly...

Millennial Employees Are Just Not That Into You

Credit Unions may have problems holding on to talented millennial employees. According to a new Gallup research, millennials are just not that into their employers. Millennials are the least likely generation to be engaged at work. Only 29% are engaged, meaning...