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Credit Union Resources Enhances IT Consulting Services with Cybersecurity Leader LEO
Friday, January 18, 2019 7:00 AM

Credit Union Resources, Inc., the service corporation for the Cornerstone Credit Union League, has added enhancements to its IT consulting services with LEO, a cybersecurity advisory and security operations company that comprises some of the world’s most knowledgeable cybersecurity experts.

Texas AG announces settlement with Neiman Marcus over data breach
Friday, January 18, 2019 6:55 AM

Attorney General Ken Paxton announced a $1.5 million 43-state settlement with Dallas-based Neiman Marcus, resolving an investigation into a data breach disclosed in January 2014. Texas will receive $95,000 for attorneys’ fees and cost.

NCUA board approves annual performance plan
Friday, January 18, 2019 6:50 AM

The National Credit Union Administration Board held its first open meeting of 2019 at the agency’s headquarters yesterday and unanimously approved the 2019 Annual Performance Plan, which provides specific direction and guidance to implement the overarching goals listed in the 2018-2022 Strategic Plan.

CUNA economist says growth slowing but still better for CUs
Friday, January 18, 2019 6:45 AM

In Monday's Economic Update, CUNA Senior Policy Analyst Samira Salem said she expects this year’s growth rate will be better than most, but not as big as 2018. 

CFPB asks Congress for clear authority to supervise for compliance with the Military Lending Act
Friday, January 18, 2019 6:40 AM

Consumer Financial Protection Bureau Director Kathleen L. Kraninger yesterday issued the following statement announcing that she has asked Congress to grant the CFPB clear authority to supervise for compliance with the Military Lending Act.

Debit card study offered by CO-OP Financial Services highlights debit trends to watch in 2019
Friday, January 18, 2019 6:35 AM

Credit unions are bullish on their debit card programs heading into 2019, driven by rising instant-issuance capabilities and increases in PIN debit transactions, according to a free, in-depth report now available from CO-OP Financial Services.

2019 Oklahoma GAC: essential advocacy for OK credit unions
Thursday, January 17, 2019 7:00 AM

If you haven't already marked your calendars, please plan to join us March 25–26, 2019, at the Credit Union House and the State Capitol in Oklahoma City for Cornerstone Credit Union League's 2019 Oklahoma Governmental Affairs Conference. 

Native West Texan promoted to AVP of accounting at Heritage USA FCU
Thursday, January 17, 2019 6:55 AM

Heritage USA Federal Credit Union President and CEO Alan Rowe has announced that Sunny Marler has been promoted to assistant vice president of accounting of the Midland credit union.

Basel Committee adopts simplified approach to market risk advocated by WOCCU
Thursday, January 17, 2019 6:50 AM

The Basel Committee on Banking Supervision on Jan. 14 finalized amendments to the Basel III market risk framework, which introduce a simplified approach supported by World Council of Credit Unions that will help limit regulatory burdens on credit unions and other community-based depository institutions.

Trump re-nominates Rodney Hood to serve on NCUA board
Thursday, January 17, 2019 6:45 AM

On Wednesday, President Donald Trump nominated former NCUA board member Rodney Hood to fill the seat currently held by board member Rick Metsger. Hood was nominated in the last Congress but not confirmed and previously served as vice chair of the NCUA board under President George W. Bush.

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