adminThis week the House Financial Services Committee will be marking up H.R. 2205, the Data Security Act of 2015. The bill contains several provisions CUNA and the League have advocated for, including more stringent data security standards for...
On Monday, the Call Report data from the NCUA showed that credit unions had a very good third quarter. A closer look at credit unions in Alabama and Florida point to that trend continuing its upward trajectory. The third quarter was the best...
The first look at how credit unions performed in the third quarter came out on Friday. The NCUA Call Report data shows a major increase in loans, member business loans (MBLs), and membership year over year. Each also saw a healthy increase from the...
Late Thursday evening, the House and Senate passed the highway funding bill that included regulatory relief for credit unions. The bill now goes to Pres. Obama for his signature; which could come today. The bill, H.R. 22, easily passed both chambers...
The January issue of Consumer Reports magazine looks at the banking and credit union industry. The article is broken into different sections with credit unions having their own section. The magazine looks at the pros and cons of each industry. The...
Two years after one of the largest data breaches in retail history was discovered, Target settled a class action lawsuit with financial institutions for $39.4 million. The proposed settlement will apply to all U.S. financial institutions that issued...