Sharing what went wrong can help other credit unions avoid North Dade Community Development FCU's $300K FinCEN fine.
The $29B State Employees’ CU says it’s ready for NCUA’s stress testing procedure.
Read about the latest new hires, promotions and other career milestones in the credit union community.
The $3.6M North Dade Community Development FCU violated BSA and Patriot Act regs for five years.
More than two dozen credit unions have been hit and some have suffered losses ranging from $100,000 to $400,000 in a home equity line of credit scam, according to Roger Nettie, a senior consultant of risk management at CUNA Mutual Group.
Could North Dade Community Development FCU have prevented its $300,000 fine for BSA violations?
CUNA Mutual reports more than a dozen credit unions have suffered losses behind cybercriminals posing as members.
ARLINGTON, Va. — A U.S. Treasury official who spoke at a symposium on credit union cybersecurity reiterated that credit unions should be doing more to defend their operations against attacks.
From 2009 to 2013, 46% of CUNA Mutual bond claims paid involve employee dishonesty.
Consumer site ranks transfer card higher than banks for simplicity and transparency.