Credit Union Times Magazine October 29, 2014

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Briefs

  • Fraud Accounts For 95% of SIF Losses

    Alexandria, Va. — Under questioning from NCUA Board Member Mark McWatters, outgoing NCUA CFO Mary Ann Woodson said that almost all of the losses from credit union failures were a result of fraud.

  • CFPB Finalizes Online Privacy Disclosure Rule

    On Oct. 20, the CFPB finalized a rule that allows financial institutions that meet requirements to post their annual privacy notices online instead of through the mail.

  • NCUA Names New CFO

    Rendell Jones has been named the NCUA's new CFO, the agency announced Oct. 17.

  • Banks Ramp Up Branch Acquisitions

    So far this year, banks and thrifts have completed 70 branch acquisition deals that involved 410 branches.

People

  • People

    The $151 million Members First Credit Union in Manchester, N.H., hired Terry Wiegelman as vice president of marketing and sales and Matt Halfmann as branch manager. Wiegelman holds 15 years of experience in credit union marketing and previously worked at the $334 million Granite State Credit Union, also in Manchester,...

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