Credit Union Times | Accurate and Timely CU News

Credit Union, Banking Trade Groups Ask FCC to Delay Robocall Plan

By David Baumann

The groups suggest that before the FCC adopts the policy, the agency should solicit public comments.

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Almost 12 Million Patients Give Blood & Financial Data in Latest Breach

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EMV Chip Adoption Credited With 76% Drop in Card-Present Fraud

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June 05, 2019

JPMorgan Revives Forced Arbitration for Credit Card Customers

The revised policy affects the bulk of JPMorgan's credit cards and prevents customers from banding together to bring class-action lawsuits.

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June 04, 2019

Judge Sentences Kam Wong to More Than 5 Years in Prison

The former MCU CEO has been ordered to pay restitution of $9.8 million, which he stole to live a lavish lifestyle.

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June 04, 2019

Subcommittee Approves $300 Million for CDFI Program

The legislation also takes another step toward providing a limited safe harbor for marijuana banking.

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June 03, 2019

House Democrats Propose 20% Boost for CDFI Program

The bill would require that $10 million in CDFI funds be set aside for loss loan reserves for short-term and small-dollar loans.

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May 31, 2019

NCUA Bans Former CEO & Branch Manager

Sherry Ann Allen is sentenced for embezzling $1.2 million and Jihan Michelle Davis faces charges for stealing $52,000.

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May 31, 2019

Kam Wong's Employees 'Were Afraid to Challenge Him,' Court Documents Show

Prosecutors seek a substantial prison sentence, while his attorney pleads for leniency because of Wong's gambling addiction and drug use.

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May 31, 2019

Credit Unions Must Accept Private Flood Policies on July 1

For the 11th time, the House passes a temporary extention of the National Flood Insurance Program.

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Top News Stories

Credit Union, Banking Trade Groups Ask FCC to Delay Robocall Plan

Almost 12 Million Patients Give Blood & Financial Data in Latest Breach

EMV Chip Adoption Credited With 76% Drop in Card-Present Fraud

Recommended Just For You

News Stories

JPMorgan Revives Forced Arbitration for Credit Card Customers

Judge Sentences Kam Wong to More Than 5 Years in Prison

Subcommittee Approves $300 Million for CDFI Program

House Democrats Propose 20% Boost for CDFI Program

NCUA Bans Former CEO & Branch Manager

Kam Wong's Employees 'Were Afraid to Challenge Him,' Court Documents Show

Credit Unions Must Accept Private Flood Policies on July 1