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Texas House Committee to Hold Hearing in Dallas April 12 on Cybersecurity Issues in FIs
Monday, April 11, 2016 7:00 AM

Tomorrow, April 12, at 1:00 p.m., the House Investments and Financial Services Committee will hold a public hearing on the campus of the University of Dallas. The committee will hear invited testimony on:

  • The impact on local communities when community banks are consolidated, how this changes the landscape of banking in Texas, and how the state can help expand charter opportunities in Texas.

  • The current investment climate and resources available to businesses in Texas, the effectiveness of existing programs, and whether the current programs are helping established businesses in Texas create jobs.

  • The current status of cybersecurity in financial institutions, reviewing state and federal laws, and considering additional steps that need to be taken to make financial institutions in Texas more secure.

Ron Fox, president of Fort Worth City Credit Union, will testify before the committee about data security issues in credit unions and the new challenges as a result of the recent data breach of the Landry’s restaurant chain.

The meeting will take place on campus at 1845 E. Northgate Dr., SB Hall Rm 122, in Irving. Parking for attendees will be in lots J, K, and L.

For more information, please contact Texas Credit Union Association President Jeff Huffman at 469-385-6488 or jhuffman@txcua.coop.