THE news

ST. LOUIS – Margin compression. Feeling “besieged” by competition. Overwhelming regulatory burdens. It sounds like a list of concerns from credit unions, but in this case it reflects the primary issues raised by community banks in a new survey.

WASHINGTON–A Russian national has admitted his role in a worldwide hacking and data breach scheme that targeted major corporate networks, compromised more than 160-million credit card numbers and resulted in hundreds of millions of dollars in losses –  the largest such scheme ever prosecuted in the United States, according to the Justice Department.

WASHINGTON–If they haven’t received them already, many credit unions across the country will soon be receiving invitations from the FBI–but for a good reason.

CENTRAL COAST, Calif.--The recent 10th anniversary of Hurricane Katrina and its devastating effect on New Orleans and the Gulf Coast brought forth many recollections from those who were there. But it also has brought forth a recollections, as well, from two people who travelled to areas where they could provide help.

TALLAHASSEE, Fla.– Tallahassee-Leon Federal Credit Union (TLFCU) hosted its fourth annual Mini-Billionaires Academy, a week long overnight summer camp designed to teach youth the benefits of understanding money and financial planning. 

DES MOINES, Iowa—Strategic compliance management systems will be critical to all FIs by 2020 insists one analyst, who says CUs must get moving now to establish the systems that will eventually be required by examiners.