Join SECUF for Cash Hash in July

Join SECUF director Juli Lewis for the upcoming Cash Hash on July 25 at 5:30 p.m. ET. The topic to be discussed is “Investing made easy, sort of.” Cash Hash is a free financial education resource for credit union members. It’s an online webinar-style forum that is quick, fun, and full of practical money tips for […]

Study shows ‘mega breaches’ on the rise

A new study reveals while the average cost of a data breach is $3.86 million, “mega breaches” of 1 million to 40 million lost records is much higher, ranging from $40 million to $4,350 million. The study, conducted by IBM Security and Ponemon, surveyed 400 companies that suffered data breaches. Overall, the study found that […]

Webinar on LifeSteps Wallet focuses on members’ needs

Would you like to offer credit union members an all-in-one solution that simplifies their lives and saves them time and money? A free webinar on July 26 will help you learn how to attract and retain members. The LifeSteps Wallet mobile app helps credit union members make informed decisions before, during and after life’s major […]

New white paper focuses on ‘how’ of digital transformation

CO-OP Financial Services has released a new white paper, “Seven Strategies to Accelerate Your Digital Transformation,” providing practical guidance for credit unions positioning themselves for growth in a digital world. “While most financial services providers understand the ‘what and why’ of digital transformation, they are less comfortable with the ‘how,’” said Todd Clark, President/CEO, CO-OP. […]

CFPB appoints Johnson acting deputy director

The Consumer Financial Protection Bureau (CFPB) has appointed Brian Johnson as acting deputy director, the agency announced on Monday. Johnson was the Bureau’s principal policy director. “Brian Johnson is the first person I hired at the Bureau and has been an indispensable advisor,” said Mick Mulvaney, acting director of the organization, in a statement. “Brian […]

NCUA finalizes changes to two regulations

The NCUA has published two final rule changes in the Federal Register. These changes involve Field of Membership (FOM) and voluntary mergers. Regarding the FOM rule, the NCUA board is reviving a previously used method, submission of a narrative, to establish a well-defined local community. When the proposed community’s population is above 2.5 million people, […]