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Enrichment Federal Credit Union, a $425-million institution based in Oak Ridge, Tenn., said Craig Peters will be promoted from executive vice president to president and CEO, effective April 1.
Some say the U.S. payments infrastructure is a prime target for government-sponsored cybercriminals. But the aged and fragmented nature of our infrastructure could, for once, work in its favor.
Credit unions aren’t the only ones who would like to see changes made to their call reports: so would banks. While CUs are expecting NCUA to address call reports during implementation of the risk-based capital rule, banks are getting a little help from a handful of members of Congress.
Setting yet a new record for number of comment letters filed, NCUA’s proposed field of membership overhaul has reopened old wounds and rekindled the battle between credit unions and banks.
The Obama administration announced a new cybersecurity strategy on Tuesday, calling for a 35% increase in funding to bolster private and public defenses and the creation of a new chief information security officer position for the government.
Efforts are underway to charter a new credit union — to be called The Bravest FCU — to serve firefighters and emergency medical service workers in New York City.
WASHINGTON – CUNA on Monday began distributing a packet of proposed restated bylaws that include the long-awaited option of choice in the national trade association and/or a credit union's state league.
CTK Credit Union, a tiny credit union based in Milwaukee, Wis., has been served an order of liquidation by the Wisconsin Office of Credit Unions, which immediately appointed NCUA as liquidating agent.
LAS VEGAS – Just 16 months into retirement, well-known credit union veteran Patsy Van Ouwerkerk has joined the team of Las Vegas-based credit union consultancy Mitchell, Stankovic and Associates.
A cybersecurity assessment tool designed to help financial institutions bolster their defenses against hackers and other cybercriminals is continuing to sow confusion among financial executives, with some arguing it is effectively imposing tougher standards on the industry.
Pelican Asks: What's Your Story?
Pelican State CU asks members to share why they belong to the credit union, and one key theme emerges: helping a member during a specific time of need is what keeps them coming back through the door.