"The idea that retailers have no responsibility for protecting consumer data presents a dangerous moral hazard," CUNA President/CEO Bill Cheney said in a letter sent Monday to all members of the U.S. Congress. More
The Senate Banking Committee will be first up with a 2014 hearing to investigate better ways to safeguard consumers' personal financial data. More
Student loan issues and housing finance reforms could be on the agenda when President Barack Obama delivers his State of the Union address tonight, and CUNA will be watching to gauge what Obama's policy objectives could mean for credit unions going forward. More
How are Consumer Financial Protection Bureau actions impacting credit unions, individuals, businesses and customers? The House Financial Services Committee is asking all interested parties to tell their own story on the agency's impact through a new page on its website. More
A vote on legislation that would delay National Flood Insurance Program fee increases by four years is one of many Capitol Hill happenings credit unions will want to watch out for this week. More
More than 150 credit unions participating in CO-OP Miracle Match in 2013 raised $3 million for Children's Miracle Network Hospitals--$1 million of which was matching funds provided under the CO-OP Financial Services program. More
Today marks the last Federal Open Market Committee meeting that Chairman Ben Bernanke will reside over, and it is expected that the policymaking body will continue to slow its monthly asset-bond purchases. More
On Monday, CUNA nominated four credit unions to be part of the Bank Secrecy Act Advisory Group for the Financial Crimes Enforcement Network. More
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CUNA Pressing Economic Issues Series showcases trusted economists, Bill Hampel, Mike Schenk and Steve Rick, and gives credit union professionals brief, 30-minute economic updates and commentary every month. Subscribers to CUNA Pressing Economic Issues Series can stay informed of pressing issues that specifically impact credit unions and discover the trends to watch as they prepare themselves for challenges ahead.