Members of large and small credit unions are being hit with new text fraud.
The $908 million CFCU Community Credit Union in Ithaca, N.Y., named Mark Hillegas as its vice president of consumer lending. He most recently served as vice president of lending at the $99 million Horizons Federal Credit Union in Binghamton, N.Y., for 15 years and also worked as a mortgage consultant...
The CFPB will review how credit unions use reporting agencies to screen members when they open a checking account.
WASHINGTON – Director Richard Cordray criticizes credit unions for turning down members with Chex Systems records.
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During the past year, eight credit unions across the country have helped members to save more than $8.3 million in interest savings while also supporting local charities by participating in the Community Challenge program.
Credit union online banking systems could be seized by hackers.
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Charges range from forgery and money laundering to receipt of gifts for procuring loans.
Experts share mixed opinions regarding the seriousness of the Bash bug. However, all urge credit unions to patch vulnerable systems.