Security expert tells CU Times JPMorgan and others fail to invest in enough technology to protect against system access.
Updated numbers from the NCUA reveal a projected range of future assessments between negative $2B and negative $600M.
NCUA officials still won't reveal the net amount received from the JPMorgan settlement. But their excuse sounds credible.
NCUA officials still won't reveal the net amount received from the JPMorgan settlement. At least their excuse sounds credible.
Revealing the settlement's net gain could jeopardize ongoing negotiations with deep-pocketed Wall Street firms, NCUA's general counsel says.
Non-profit group Better Markets says the DOJ did not publicly reveal settlement details, and questions its constitutionality.
In less than two weeks, we’ll ring out 2013, a year we’ll long remember as the one where the credit union industry turned a corner and found a smoother path.
The NCUA's estimated 2014 corporate assessment range of zero marked the end of a costly era for federally insured credit unions.
Legacy asset performance and 2013 assessment reduces estimated outstanding corporate stabilization costs to less than $1.6 billion.
A new person-to-person payment service launched by three major banks poses more of a long-term challenge than short-term threat to credit unions, an analyst said.