PHOENIX — Imagine what would happen if a hacker gained access to your credit union’s email accounts and sent a message to members telling them the credit union was unable to honor all deposit withdrawal requests.
PHOENIX — How quickly bad news can turn into a liquidity crisis was a topic of a breakout session at the CUNA CFO confab.
Rick Metsger, a former Oregon state senator who has sponsored credit union legislation and once served on a credit union board, was nominated by President Barack Obama May 15 to serve on the NCUA Board.
Last week Credit Union Times, via CUTimes.com, broke the story that former Oregon Senator Rick Metsger was going to the be the White House’s nominee to fill the vacant seat on the NCUA Board, later confirmed by the administration.
If recent history is any indicator, nomination to the NCUA Board is no assurance of joining the NCUA Board, at least not quickly.
Oregon consultant was named "state legislator of the decade" by state league while serving as state senator.
Tax reform debate began in earnest for credit unions April 11, when representatives from CUNA and NAFCU were called to Capitol Hill to plead their case for preserving the industry’s tax exemption before a House Ways and Means Committee working group.
American Society of Pension Professionals & Actuaries say any drop in tax incentives will have ripple effect.
Banks' Subchapter S exemption not on president's targeted tax savings list.
Media sources report that Mark Zandi, chief economist at Moody's Analytics, is a lead contender to replace DeMarco.