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WASHINGTON -- To help protect against rising litigation costs that are coming at credit unions from new angles, CUNA Mutual Group has introduced coverage that reimburses certain defense costs associated with claims that are commonly not covered by liability policies.
February 24 -
WASHINGTON -- NCUA is part of a new working group that includes members of law enforcement, intelligence communities and other financial services regulators, to better understand the cyber threats and vulnerabilities facing banks and credit unions.
February 24 -
DES MOINES, Iowa -- Coopera and CUNA are partnering to help CUs reach out to the Hispanic community.
February 21 -
HARRISBURG, Pa. -- Across Pennsylvania, credit unions and their members are doing better today thanks to the efforts of Jim McCormack, retired president and CEO of the Pennsylvania Credit Union Association.
February 21 -
Whether it's the expansive powers of the Consumer Financial Protection Bureau or NCUA's rule-setting and examination practices, regulation is top of mind with CU execs this time of year.
February 21 -
State Employees' Credit Union's decision to disaffiliate from CUNA and the Carolinas League has some CUs supporting the move, while others contend that the nation's second-largest CU has quit on the community.
February 21 -
NEW YORK -- For Montauk Credit Union to continue to meet the borrowing needs of its members, it may have to switch to a mutual savings bank charter, says the credit union's CEO.
February 21 -
BROADVIEW, Ill. -- Unhappy with NCUA's audits of the credit union and concerned over assessments, Access CU has dropped its federal deposit insurance and switched to American Share Insurance.
February 21 -
ALEXANDRIA, Va. -- NCUA will hold three "Listening Sessions" this summer hosted by Chairman Debbie Matz.
February 20 -
Members of Affinity CU will receive EMV cards from the credit union during the third quarter of 2014.
February 19 -
BASKING RIDGE, N.J. -- Members of Affinity CU will receive EMV cards from the credit union during the third quarter of 2014.
February 18 -
ATLANTA -- The "play or pay" requirements under the Affordable Care Act aren't changing, but the White House, Treasury and IRS this week announced delays for these employer responsibility provisions, giving two groups of employers extra time to cover their workers.
February 14 -
Shareholders of Flint River National Bank have approved the proposed sale of the institution to the $260 million Five Star CU.
February 13 -
COVINA, Calif. -- The average salary for credit union CEOs reached $233,415, and the group's average pay increase was 5.14% according to a new compensation study.
February 13 -
CUNA estimates that current CU costs associated with the Target Corp. data breach to be $30.6 million.
February 13 -
ALEXANDRIA, Va. -- NCUA announced the end is nigh for the Temporary Corporate Credit Union Stabilization Fund, and it may even wind up rebating some of the past assessments back to credit unions in 2021.
February 12 -
ARLINGTON, Va. -- While the credit union community sees NCUA's new risk-based capital calculator as valuable, some question whether making the tool accessible to the public is the right move. Concerns exist over letting consumers see preliminary ratios, in advance of a final rule, particularly for CUs whose risk-based number is below well capitalized.
February 12 -
STOCKTON, Calif. -- Financial Center CU broke even on the balance sheet last year because it handed all its net earnings back to the membership.
February 12 -
ARLINGTON, Va. -- NCUA's proposed risk-based capital rule will force CUs with more than $50 million in assets to hold an extra $6.3 billion in reserves to achieve the same capital cushion they have today, NAFCU reports.
February 11 -
ARLINGTON, Va. -- Credit unions are saying that 13.9% of their cards were impacted by breaches in 2013, according to a recent survey.
February 11
