Last year's card security breaches forced community banks to reissue more than four million debit and credit cards.
With less than a year to go before the 2014 midterm elections, credit union trade organizations are focusing their attention on key Senate races.
CUNA and NAFCU both throw their support behind credit union supporters like Sen. Mark Udall (D-Colo.) and Sen. Mitch McConnell (R-Ky.).
Decision to close and reissue compromised cards cut fraud rate to fewer than 1% of customers.
Read about new hires, promotions and other career milestones in this week's People column.
The federal regulator approved just 17 mergers in November 2013, lower than previous months and the 23 approved in November 2012.
The nine-county state-of-emergency area, which is the result of a chemical leak into the Elk River, includes 22 credit unions.
Rose Bartolomucci, president/CEO of the $114 million Towpath Credit Union in Akron, Ohio, urged Congress Dec. 4 to pass several pieces of legislation that CUNA has argued would ease regulatory burden on credit unions.
Rose Bartolomucci of Towpath Credit Union in Ohio testifies Wednesday to House Financial Services Committee.
Average monthly benefit was $1,134.86.