Judge approves Target class certification

Financial institutions got a big victory on Tuesday. Five financial institutions, including one credit union, were certified on Tuesday to represent all U.S. financial institutions in the class action lawsuit against Target for damages related to the 2013 data breach. The ruling, handed down by Judge Paul A. Magnuson from the U.S. District Court, District […]

CUNA helps sponsor cybersecurity events with federal law enforcement agencies

Credit unions and other financial institutions are invited to register for a National Cybersecurity Symposium: Building Law Enforcement and Financial Services Sector Partnerships at 37 field locations across the country on Oct. 21 or 22; depending on location. CUNA is working closely with the Financial Services Sector Coordinating Council to offer a series of open […]

LSCU Image Campaign kicks off on Monday

The 2015 Cooperative Image Campaign for Alabama and Florida credit unions will launch Sept. 14 across 14 media markets between the two states. The fourth wave of the campaign once again utilizes TV, radio, digital, social media, and billboards, depending on the money raised in each media market. For 2015, three new “shareable content” ads […]

Florida delinquency rate among most improved

On Tuesday, Callahan and Associates released its first look trends on statistics from the second quarter. It ranked the top 10 states with the greatest improvement in delinquencies year over year. Florida ranked fourth behind Delaware, Alaska, and North Carolina. Florida’s delinquencies stand at 0.99 percent for an .11 percent improvement from a year earlier. […]

MBL comment letters due to NCUA today

The NCUA’s 60-day comment period for its proposed changes to the member business lending (MBL) rule is closing today. Credit unions are urged to send in a comment. A League source says that the NCUA has received enough negative comments from bankers that the agency has taken notice. The proposed rule looks to overhaul NCUA’s […]