News

Here's a New Year's resolution to consider: Ensure compliance with the "Red Flags Rule" the Federal Trade Commission is set to begin enforcing on Friday, Dec. 31.

Scott Earl, president/CEO of the Arizona Credit Union League, moves up Jan. 1 to become interim head of the proposed new trade group combining Arizona and the Credit Union Associations of Colorado and Wyoming.

STCU will ring in the new year with a new leader.

The $753 million Seven Seventeen Credit Union in Warren, Ohio, has purchased address verification software from Experian QAS and rolled it out to about 120 employees at the Buckeye State's third-largest credit union.

Financial institutions issuing prepaid cards would have to disclose fees up front and give consumers wallet-sized summaries of fees, if a bill introduced by three senators is passed.

People receiving government benefits by paper check have until March 1, 2013 to switch to direct deposits, according to final rules adopted by the Treasury Department.