News

Two-thirds of all phishing attacks detected worldwide in the second half of last year can be traced to a single electronic crime syndicate, according to a new report.

Despite a new $1 million OTTI, the $1.2 billion Constitution Corporate FCU rounded out the first quarter with a net profit of $708,000.

The rates of foreclosures in the country dropped in April for the first time since before the current economic downturn began, according to Realty Trac, a firm that bills itself as the "leading online marketplace of foreclosure properties."

U.S. Rep. Martin Heinrich (D-N.M.), a co-sponsor of H.R. 3880 legislation to raise the member business lending cap, recently reiterated his support for the increase to the Credit Union Association of New Mexico.

The NCUA is scheduled to be briefed on the final rules on the registration of mortgage originators during its meeting next Thursday.

Foolproof, the financial literacy package of the Credit Union Associations of Colorado/Wyoming, jumped into the "national branding" debate Thursday about how to promote CU awareness after claims its AOL promotion spiked widespread public interest.