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Financial institutions worldwide are invited to join the initiative to help prevent a threat that's plagued them for decades: A machine filled with cash is like catnip for criminals, and skimming has been the No. 1 way crooks steal data from consumers using the machines.
July 10 -
Mortgage applications rose last week led by an uptick in purchases even as 30-year interest rates climbed.
July 9 -
MANHATTAN BEACH, Calif. Kinecta FCU has launched two small-dollar loans that test alternative underwriting guidelines to serve the underbanked.
July 9 -
GLOVERSVILLE, N.Y. Fulton County FCU has rebranded itself as First Choice Financial FCU.
July 9 -
The advent of vicious new malware strains like HijackRAT and Svpeng is creating anxiety for many credit union and bank CEOs.
July 9 -
DANVILLE, Pa. Service 1st Federal Credit Union here may be an early adopter of offering biometric fingerprint scanning to members.
July 8 - Pennsylvania
Wyomissing, Pa. Glen Yeager, who has been president and CEO of $1.1 billion Utilities Employees Credit Union for 27 years, announced Monday that he will retire Oct. 1.
July 8 -
WASHINGTON What happens when you mix a cutting-edge payments technology with the newest financial regulator on the block, both of which stir policy passions?
July 8 -
Another letter from Washington addressing the risk-based capital proposal landed on NCUA's desk Monday, and this time it came with a deadline.
July 8 -
BNP Paribas agreed to a criminal plea and settlement with the U.S. Department of Justice on June 30 in which the French bank will pay close to $9 billion to settle charges it willfully continued to do business with nations and entities on the U.S. sanctions list. This was the largest such fine in Justice Department history and more than four times larger than any other sanctions fine. Credit Union Journal thought it would be interesting to look at the other biggest penalties levied against banks for sanctions violations. Here they are.
July 7 -
SAN FRANCISCO The flurry of regulations coming out of CFPB were expected to drive some credit unions right out of the mortgage business, but the "big dog" of mortgage regulation is yet to come, and that one might finally do the trick, according to one compliance expert.
July 7 -
Thieves used a forklift to steal an ATM from a branch of the $345 million Consumer Credit Union here late last month.
July 7 -
NEW YORK Befitting a credit union with a heavily international membership, United Nations FCU has seen a strong response to a World Cup bracket challenge that it launched shortly before the quadrennial soccer tournament kicked off in mid-June.
July 7 -
A selection of images capturing all the good things credit unions are doing in their neighborhoods.
July 6 -
MADISON, Wis. Credit union lending continues to improve, with loan portfolios rising by 1.2% in May, the biggest monthly increase in nine years, according to CUNA's monthly sample of CUs.
July 3 -
As promised, the second installment of images capturing all the good things credit unions are doing in their neighborhoods.
July 3 -
Federal and state regulators are putting more pressure on banks to take immediate actions to address looming defaults of home equity lines of credit.
July 3 -
ALEXANDRIA, Va. NCUA has terminated its Letter of Understanding and Agreement with Valley Pride FCU of Plains, Pa.
July 3 -
Has the U.S. auto lending market become overheated? The answer depends on which parts you inspect after popping the hood.
July 3 - Nevada
LAS VEGAS Offering members credit monitoring after a data breach is akin to a smoke alarm defense to fraud the fire has already started.
July 3











