Yesterday, following a vote of 2-0, the NCUA board approved its 2017-2021 strategic plan and in doing so highlighted its commitment to reducing the regulatory burden on CUs and possibly extending the exam cycle for well-run CUs. The new plan...
Alabama Gov. Robert Bentley recently told The Montgomery Advertiser he would call a special session in late summer or fall to focus on the General Fund. An official announcement is pending, and the session is expected to address problems with...
You’ve got to give it to them. Hackers come up with some ingenious, albeit Machiavellian, plans to rob consumers of their private data. The latest method of capturing ill-gotten information to sell or utilize in fraudulent activities involves using...
An overwhelming, bipartisan majority of 70 U.S. senators have added their voices calling on the Consumer Financial Protection Bureau (CFPB) to tailor rulemakings to protect credit unions from regulatory burden. The combined advocacy efforts of CUNA...
Despite the adoption of fraud prevention solutions by financial institutions and merchants, along with EMV being implemented in most countries including the U.S., card fraud rates are on the rise. Nearly one in three consumers has been victimized...
The new economic update video released by the National Credit Union Administration reveals firm labor markets and increasing consumer spending means credit risk is likely to remain low in most areas. Watch the full report here. In the opening...