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Cybersecurity experts said the trade group's description of the event bears the hallmarks of a ransomware attack, which CUNA subsequently confirmed.
February 6 -
A letter from the Independent Community Bankers of America calls on lawmakers to curtail credit unions' bank-buying spree or at least take measures to ensure parity between the two sides.
January 30 -
Data from the Credit Union National Association indicates the rule has decreased lending and increased costs as institutions work to stay compliant.
January 23 -
In partnership with state leagues, the credit union trade group is committing to $7 million in campaign contributions for the upcoming presidential and congressional contest.
January 16 -
The community bank lobby has said the recent deals are another reason to rein in the credit union sector. Some House members are beginning to take notice.
December 22 -
An appeals court on Thursday denied bank groups an en banc hearing from all 11 appellate judges, but bankers said Friday that they're considering taking the case to the Supreme Court.
December 13 -
House and Senate lawmakers have denied a push by banking groups to grant banks the rent-free access to military installations that credit unions have.
December 10 -
The National Credit Union Administration board pushed back against criticisms about its rising budget by noting its oversight is still cheaper than that provided by other financial agencies.
November 20 -
A similar bill was introduced into the House earlier this year and both pieces of legislation have have bipartisan support.
November 13 -
As Cybersecurity Awareness Month draws to a close, Credit Union Journal queried industry leaders about the biggest threats facing their institutions.
October 29 -
The credit union regulator has spent 20 years asking lawmakers for greater oversight of third-party vendors. Here's why it might finally happen.
October 24 -
The group's Wake Up initiative will include legislative and regulatory proposals, along with added resources to help members push for a level playing field.
October 21 -
Draft legislation would amend the Bank Service Company Act to give the National Credit Union Administration third-party vendor oversight, a power it has been requesting for the better part of two decades.
October 18 -
FASB delayed implementation for the majority of banks and credit unions until 2023, but many in the industry still oppose the rule, despite regulators' attempts to ease the path forward.
October 17 -
The court passed up a recent opportunity to clarify confusion about Americans with Disabilities Act requirements for business websites, raising concerns that credit unions could become an even more inviting litigation target.
October 10 -
The court passed up a recent opportunity to clarify confusion about Americans with Disabilities Act requirements for business websites, raising concerns among bankers that they could become an even more inviting litigation target.
October 9 -
As the industry increases its attempts to diversify its ranks, just 81 out of more than 5,000 CUs completed the regulator’s self-assessment last year.
October 2 -
Credit union priorities could take a back seat as Congress scrambles to pass a spending package to avoid a government shutdown. Here's a look at some of the proposals that could move forward.
September 25 -
The industry is waiting to see if banks will get the same no-cost land leases on military bases that credit unions currently enjoy.
September 23 -
As the industry considers a movement-wide focus on diversity and inclusion, some at the annual Inclusiv conference say there are opportunities for credit unions to better serve immigrants and have more diverse staffs.
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