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MADISON, Wis.-Fewer than 44% of American households have individual life insurance, according to the Life Insurance and Market Research Association (LIMRA).
February 7 -
NEW YORK-In 2010, 30% of financial services data breaches were caused internally by employees with malicious intent, according to Kroll, Inc., which is encouraging credit unions to look at fraud prevention from an internal perspective, as well.
February 7 -
NEW YORK-Kroll's Fraud Solutions division is offering a list of the Top 10 Data Security Trends for 2011. All of the analysis below is from the Kroll report.
February 7 -
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NEWARK, N.J.-Fannie Mae told a federal court it should dismiss claims over fraudulent CU mortgages its bought from defunct U.S. Mortgage Corp. and its CU National unit because it holds legal right to the loans.
February 7 -
ALEXANDRIA, Va.-NCUA was expected to announced civil charges against third-party entities involved in the failure of WesCorp FCU, expanding the agency's efforts to recover some of the $7 billion of losses estimated from the failure of the one-time $34 billion corporate.
February 7 -
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BATTLE CREEK, Mich.-Omni Community Credit Union has doubled its business lending portfolio over the last year and attributes a great deal of the success to working with a CUSO.
February 7 -
DALLAS-An Internet technology consulting firm has filed suit against 33 financial firms, including one credit union, claiming the firms are infringing on its patent for authenticating a website or related services.
February 7 -
St. Anne's CU, Fall River, Mass., promoted Luisa Rochester to AVP of residential lending.
February 7 -
ST. PETERSBURG, Fla.-Credit unions have three big growth opportunities in 2011, according to PSCU Financial Services.
February 7 -
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DALLAS-The success or failure of the planned resuscitation of Southwest Corporate FCU, liquidated by NCUA along with four other failed corporate credit unions last fall, will depend on whether members of the one-time $14 billion institution agree to pony up new capital as part of a plan to combine the remnants of Southwest with Georgia Central FCU.
February 7 -
FULLERTON, Calif.-How much can you really say with just 140 characters? How about "I've got a college scholarship"?
February 7 -
VENTURA, Calif.-A Ventura County supervisor here is questioning why Ventura County Credit Union doesn't have more competition when it comes to serving county employees.
February 7 -
PROVO, Utah-A pilot program by the federal government to issue tax refunds via a loaded Visa debit card rather than a direct deposit or by paper check has some credit unions wondering about the value of continuing to participate as VITA sites.
February 7 -
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ROCKVILLE, Md.-The National Institutes of Health FCU is offering its Weather Shield Express Signature Loan program as a vehicle to help members whose homes have been damaged by winter weather.
February 7