Washington Wire – June 18, 2019

This week in Washington, D.C., the House will continue consideration of the Defense, Labor-HHS-Educations, State and Foreign Operations, Energy and Water, and Legislative Branch funding bill.  The House may also consider H.R. 3055, the Commerce, Justice, Science, and Related Agencies Appropriations Act for Fiscal Year 2020 [Commerce, Justice, Science, Agriculture, Rural Development, Food and Drug […]

Make your financial education count

It’s time to make your financial education count by sharing your work with the National Youth Involvement Board. The deadline for reporting is Wednesday, July 3. Is your credit union out in the schools, youth agencies and communities spreading financial education? Do you hold financial workshops or reality fairs that involve kids and/or young adults […]

Deadline approaching for credit unions to apply for Foundation grants

Financial education is one of the corner stones of what credit unions do, and grant funding can be a big boost in providing that assistance to members and the community. Credit unions have until June 30 to apply for the National Credit Union Foundation’s (the Foundation) 2019 grants, including Biz Kid$ Business Plan Competition Grants […]

CUs earn victory today in NDAA mark-up

The U.S. House Armed Services Committee concluded their mark-up of the National Defense Authorization Act (NDAA) early on June 13. Prior to the mark-up,  concern existed that Rep. Trent Kelly (R-MS) planned to offer an amendment to the NDAA that would give banks parity with credit unions in regards to leased space on military bases. […]

Microsoft releases patch for vulnerabilities

A flaw affecting all versions of Microsoft Word on Windows and Mac, as well as Office 365, was discovered. Microsoft responded this week by releasing updates to fix 88 security vulnerabilities in its Windows operating systems and related software. According to cyber expert Brian Krebs of Krebs on Security, “The most dangerous of these include four […]