by GrafWebCUSO | Feb 15, 2018 | News
The NCUA board on Thursday approved a pro rata distribution of $735,678,797 to eligible credit unions—funds that are available as a result of the closing of the corporate stabilization fund. “We have excess funds,” said Board Chairman J. Mark...
by GrafWebCUSO | Feb 14, 2018 | News
Increasing debt is the not only a problem for the federal government; it’s also a growing burden for U.S. consumers. According to the New York Fed’s latest Quarterly Report on Household Debt and Credit, household debt rose in 2017 for the fifth consecutive...
by GrafWebCUSO | Feb 14, 2018 | News
Shelley M. Holden, president/CEO of the $61 million Tewksbury Federal Credit Union, was placed on administrative leave after the board of directors in early December became aware of irregularities in several accounts including those held by Holden and her personal...
by GrafWebCUSO | Feb 13, 2018 | News
CUNA Mutual Group said Tuesday it has donated $20 million to help communities near its Madison, Wis., headquarters and three regional offices, and gave credit for the “unprecedented boost in funding” to the tax breaks signed into law by President Trump....
by GrafWebCUSO | Feb 13, 2018 | News
Managing different patch vulnerabilities can tax lean IT departments, especially at credit unions. The launch of Boston-based Cygilant’s new security as a service SOCVue Vulnerability and Patch Management aims to help. The traditional processes of managing...
by GrafWebCUSO | Feb 12, 2018 | News
The CFPB intends to scrub its existing rules to determine if they strictly follow the Dodd-Frank Act and go no further, the agency said in a new Strategic Plan issued Monday. “Indeed, this should be an ironclad promise for any federal agency; pushing the...
