California credit union first to emerge from NCUA management since 2007.
A U.S. Department of Homeland Security memo that said the May 7 distributed denial of service attacks threatened by the so-called “hacktivist” collective Anonymous against government and financial websites would be more bark than bite prove to be true.
By the 1990s, the lending landscape in South San Francisco had changed considerably since a group of teachers came together in 1954 to charter a new credit union for access to small, personal loans.
Hacktivists Anonymous threats failed to materialize but that doesn't mean DDoS attacks won't follow, and they could go beyond the website.
In a sweeping order that delays proceedings on eight pending NCUA lawsuits against Wall Street banks over mortgage backed securities sold to failed corporate credit unions, U.S. District Judge John W. Lungstrum said April 29 that he will wait for the result of a related appeals court ruling, citing concerns...
No credit union website takedowns reported Tuesday.
The NCUA has contradicted itself regarding the basis of a member’s lawsuit against the $161 million St. Helens Community FCU of St. Helen, Ore., and the examples of those contradictions are documented and working their way into court.
The NCUA’s official reason for liquidating the $2.4 million Shiloh of Alexandria FCU on April 12 is that the community development credit union was insolvent and had no prospect for restoring viable operations.
Credit unions with offices in the northwest Boston suburbs where one bombing suspect was killed late last night are closed as ordered by area police.
Agency says it's not taking sides in dispute over attempt to recall board members at Oregon credit union.