The National Credit Union Administration's plan to fine tardy call report filers, revealed this week, is a clear case of "regulatory overreach," CUNA President/CEO Bill Cheney says in this week's Cheney Report. More
Cheney in HuffPo: Hold merchants accountable for data breaches
"The cost of a merchant data breach--whether it is at a large national merchant or a local merchant--can be significant for credit unions of all sizes," and merchants that are involved in data breaches "should by law be financially liable for the impact of the breach on affected consumers, as well as their financial institutions," CUNA President/CEO Bill Cheney wrote in a Huffington Post column published Friday. More
CUNA: NCUA 2014 strategic plan improvements needed before its adoption
The National Credit Union Administration should incorporate a number of improvements before it adopts its 2014-2017 Strategic Plan, CUNA said in its most recent comment letter to NCUA filed Friday. More
Appeals court to closely examine lower court interchange ruling
Judges David Tatel, Harry Edwards, and Stephen Williams asked questions at oral arguments Friday that raised questions about whether they will fall in line with a lower court ruling that sought to overturn the Federal Reserve's debit interchange fee cap regulations. More
Bergeron debuts 'Executive Exchange' for Vermont CUs
The Association of Vermont Credit Unions has introduced "Executive Exchange," a video interview series hosted and produced by league President Joe Bergeron. More
Obama names nominee to head SBA
President Obama nominated Maria Contreras-Sweet to head the U.S. Small Business Administration (SBA), noted an entry in The White House Blog posted Friday. More
Target-like attack hitting 6 more retailers
At least six additional U.S. retailers have been attacked with the same software used late last year to steal credit card and personal data from upward of 110 million Target Inc. customers, according to research released Thursday. More
CUs prepare for tax season as VITA sites
Income tax preparation season is getting closer, and credit unions nationwide are preparing to participate in the Internal Revenue Service's Volunteer Income Tax Assistance--or VITA--program. More
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