CUNA has teamed with other financial services organizations to create a white paper, “Understanding ATM Attacks,” explaining how cybercriminals conduct such attacks and how financial institutions can protect consumers. The paper was released by the...
GCUA Ideas Institute session led by LSCU affiliate Fafard of 121 FCU Bruce Fafard, president/CEO of 121 Federal Credit Union headquartered in Jacksonville, FL, presents a workshop entitled “Crafting a Sustainable Lending Strategy for the...
Over the past five years, multicultural consumers* have accounted for 100 percent of the U.S. population growth and 61 percent of credit union membership growth. As the population becomes increasingly diverse, understanding cultural differences...
The World Council of Credit Unions supports the Financial Stability Board’s initiative to develop a “cyber lexicon” but urges the board to take a proportional approach that does not impose additional compliance burdens on credit unions and other...
NCUA recently published a letter to credit unions (18-CU-02) that discusses NCUA’s exam expectations in light of the effective date of the new Customer Due Diligence and Beneficial Ownership rules. While the rule became effective May 11, 2018, field...
Fall is right around the corner and so are many great Foundation events that we don’t want you to miss! Save the date, and feel free to reach out to the Director of the Southeastern Credit Union Foundation, Juli Lewis for more details. “Give a...
In an article by John M. Floyd & Associates (JMFA), “Making Ends Meet in the Dog Days of Summer, you’ll see the high costs of education for Americans.” Summer is winding down, and kids are heading back to school. Across the U.S...
Last night, Florida held its Primary Elections. The results are currently considered UNOFFICIAL due to not being certified yet. One United States Senate seat, all Congressional seats, the Florida Cabinet, half of the State Senate, and all State...
Krebs on Security expert Brian Krebs reports that Fiserv, Inc., a major provider of technology services to financial institutions, has recently closed the door on a security loophole that risked private information being exposed. He writes...
The Internal Revenue Service (IRS) released guidance this month regarding certain Unrelated Business Income Tax (UBIT) in the Tax Cuts and Jobs Act of 2017 (TCJA). The guidance is online, and will be published Sept. 4 in IRS Bulletin 2018-36...