FDIC

• Guest Opinion: Strength in Numbers

  By Steve Miller  |  June 19, 2013

  Since January 2008, there has been a credit union merger every 1.5 days and beginning in 2013, this rate has increased to one every 1.3 days.

• Advocates Charge League-Affiliated CU With Issuing 'Fee-Harvesting' Credit Card

  By David Morrison  |  June 13, 2013

  Cards issued have APRs of 29.99%.

• Big Security Flaw Found at FIS: Report

  By David Morrison  |  June 12, 2013

  The final report of the FDIC’s investigation of a security breach at payments processor FIS found it worse than previously thought, according to a security blog.

• FFIEC Forms Cybersecurity Working Group

  By Heather Anderson  |  June 7, 2013

  Cybersecurity and Critical Infrastructure Working Group will enhance communication among member agencies, the NCUA said.

• FIS Breach Report Finds Flaws Far More Widespread

  By David Morrison  |  June 4, 2013

  Security blogger Brian Krebs says FDIC report "highlights shocking lack of basic security protections" at major processor.

• NCUA’s Matz: FASB Proposal Threatens Safety and Soundness

  By Heather Anderson  |  June 3, 2013

  NCUA chair urges standards-setting panel to consider unintended consequences of new ALLL rule.

• Opponents Seat Payday Loans In NCUA’s Cross Hairs Again

  By David Morrison  |  May 29, 2013

  Two long-term opponents of payday lending said that nine federal credit unions in five states continue to offer members payday loans with triple-digit interest rates.

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  Texas Congressman Calls for Quick Launch of Private Flood Insurance

  By Arthur D. Postal  |  April 25, 2013

  GOP Rep. Randy Neugebauer asks for speedy approval from banking industry regulators, sparking calls for caution from some insurers.

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  Brett King and the Death of the Branch: Part 2

  By Brett King  |  April 24, 2013

  In this part two of three, King details how changing consumer behavior is driving down branch use and profitability.

• HarborOne Gets NCUA, State Approval for Bank Conversion

  By Peter Strozniak  |  April 22, 2013

  FDIC nod all that remains before Boston-area credit union completes largest charter switch yet.