South Dakota

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  Lakota FCU Marks Progress With Grand Opening

  By Peter Strozniak  |  May 7, 2013

  Credit union is first on Pine Ridge Indian Reservation in the Black Hills of South Dakota.

• CFPB Creates Liaison Office

  By Heather Anderson  |  April 23, 2013

  The Consumer Financial Protection Bureau has created a new Office of Financial Institutions and Business Liaison.

• CU*Answers Converts Ohio Credit Union, Adds Three CUSO Owners

  By Marc Rapport  |  April 10, 2013

  MidUSA Credit Union in Middletown is the fifth conversion this year to the CU*Answers platform, company says.

• Senate Gives CUs the Cold Shoulder

  By Heather Anderson  |  April 3, 2013

  Credit union trade associations shrugged off a 2014 budget amendment passed by the Senate March 22 that would “establish a deficit-neutral reserve fund to address the disproportionate regulatory burdens on community banks,” according to a release from sponsor Sen. John Boozman (R-Ark.).

• Trades Say Johnson’s Likely Banking Chairman Successors Are Credit Union Friendly

  By Heather Anderson  |  March 26, 2013

  Rhode Island's Reed, New York's Schumer seen eyeing top post on Senate Banking Committee as South Dakota's Johnson retires.

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  Threat of the Week: ATM Fraud on the Rise

  By Robert McGarvey  |  March 26, 2013

  FICO finds old-fashioned skimming leading the way.

• Budget Amendment Would Stop the Funneling of G-Fees to Deficit

  By Heather Anderson  |  March 25, 2013

  NAFCU, CUNA join bankers, real estate lobby in supporting move to stop Fannie Mae, Freddie Mac fees going to pay off deficit.

• Eastern Europe Investment Scam Prompts High Alert

  By Michelle A. Samaad  |  March 15, 2013

  Sixteen states, five provinces on alert, while several cease and desist orders issued. Website promises up to 2.7% daily return.

• Maine to Michigan to South Dakota: CUSOs Combine on Core Copying Project

  By Marc Rapport  |  March 13, 2013

  CUSOs in Michigan and South Dakota have joined up to provide a crucial new data backup system to a credit union in Maine.

• TIPS,Rural Districts Approved

  By Heather Anderson  |  February 27, 2013

  The NCUA Board presided over a monthly board meeting Feb. 21 that concerned mostly positive news for credit unions. Two new rules that expand investment powers and field of membership reach were approved. And year-end share insurance statistics showed improved CAMEL scores and legacy asset performance.