The next fraud meeting will take place on Aug. 7 at 9 a.m. at the LSCU offices at 22 Inverness Center Pkwy, Suite 200, Birmingham, Al, 35242. In addition to our roundtable discussion, Ezra Heath, a special agent with the IRS, will discuss fraud...
Credit unions will continue to be able to meet the financial services needs of America’s servicemen and women on military installations in the 2019 National Defense Authorization Act (NDAA). The Leagues and CUNA led the charge to...
This week, the House of Representatives will consider S. 1182, the National Flood Insurance Program Extension Act of 2018. This bill will extend the NFIP for an additional four months, until Nov. 30, 2018. Also, the House will consider H.R. 6199...
Google has successfully implemented an anti-phishing program using Security Keys, inexpensive USB-based devices that offer an alternative approach to two-factor authentication (2FA), which requires the user to log in to a Web site using something...
Putting money away for retirement is one of the most financially prudent moves people can, and should, take. Specialized savings products—like 401(k)s, IRAs and private pensions—can help consumers achieve financial independence once they hit...
Does S. 2155 (now Public Law 115-174) impose any additional FCRA obligations on credit unions? The compliance obligations contained in the new law directly impact credit reporting agencies, not credit unions. However, credit unions as users of...
Credit unions across the country have been threatened with predatory litigation from certain plaintiffs’ law firms seeking to profit from ambiguities in requirements for website accessibility under the Americans with Disabilities Act (ADA)...
The very nature of real estate transactions—large amounts of money transferring between parties—makes them a prime target for criminals. Increasingly, financial institutions and home buyers are falling victim to wire transfer scams connected to real...
Jim Bullard, a risk management senior consultant for CUNA Mutual Group, says risk and lending go hand-in-hand. His column below details his perspective. While speaking at a recent credit union league conference, I was asked by an attendee, “Are we...
In a Thursday vote, the House approved H.R. 6147, the Financial Services and General Government (FSGG) Appropriations Act for Fiscal Year 2019. CUNA supports the legislation as it continues to build upon CUNA’s Campaign for Common-Sense Regulation...