Obscure Senator is Key CFPB Vote

Banks have a challenge when Congress returns from summer recess next week. His name is John Neely Kennedy. The freshman Republican senator from Louisiana is one of a handful of lawmakers who could squash the finance industry’s dream of tweaking a key CFPB...

Some CUs Begin Recovery, Others Pounded With New Flooding

More than two feet of rain over the last 24 hours pounded the small Texas cities of Beaumont and Port Arthur forcing the closure Wednesday of 13 credit unions that collectively serve nearly 130,000 members and their families. While Tropical Storm Harvey veered into...

Warning of Potential Hurricane Harvey Phishing Scams

US-CERT warned users to remain vigilant for malicious cyberactivity centered around Hurricane Harvey including exercising caution with any storm-related emails, attachments, or hyperlinks, even those appearing to originate from trusted sources. Fraudulent emails often...

CUAid Activated, CU Closures Climb in Flooded Areas

Updated: Tuesday, 9:42 AM ET Cornerstone Credit Union League officials said eight Houston-area credit unions are “closed until further notice.” These credit unions have 26 full-time and part-time employees, 9,694 members and $68.7 million in assets as...

CUNA Mutual Group Reports Harvey Storm Claims

CUNA Mutual Group reported Monday it has received seven credit union claims though none have been considered catastrophic claims because of Tropical Storm Harvey, which has dumped 11 trillion gallons of rain on the Lone Star State and caused massive flooding...