Search for: "Security Service Federal Credit Union" Results 1 - 20 of 1,218
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23 Oct 2009, 9:53 am
Central Credit Union, the Lenexa-based corporate credit union now under federal conservatorship, committed securities fraud, a lawsuit filed by another corporate credit union claims. [read post]
15 Oct 2019, 9:02 pm by Kevin Kaufman
Federal chartering of credit unions began in the midst of the Great Depression with the Federal Credit Union Act of 1934. [read post]
11 Sep 2017, 1:33 pm by Alan S. Kaplinsky
The National Association of Federally-Insured Credit Unions (NAFCU) is hosting its annual conference in Washington, D.C. today through September 13. [read post]
12 Mar 2024, 6:57 am by Daniel M. Kowalski
MALDEF, Mar. 11, 2024 "A federal judge has granted final approval to a class-action settlement between a class of credit applicants represented by MALDEF (Mexican American Legal Defense and Educational Fund) and a California credit union that denied a DACA (Deferred Action for Childhood Arrivals) recipient a loan because of her immigration status. [read post]
3 Mar 2017, 7:01 am by Jason M. Cover
” The NAFCU’s letter also urged scrutiny of the CFPB’s detrimental rulemaking impact on credit unions in light of the fact that credit unions are already subject to “strict field membership and capital restrictions” and “numerous consumer protection provisions in the Federal Credit Union Act. [read post]
23 May 2013, 7:52 am by Nicole Kellner-Swick
That is just one of the concerns recently addressed by the Federal Financial Institutions Examination Council’s (FFIEC) proposed guidance regarding social media for banks, credit unions, and non-bank entities supervised by the Consumer Financial Protection Bureau. [read post]
26 Jul 2011, 4:29 pm
Wholesale credit unions provide electronic payments, check clearing, investments and other services to retail credit unions, which actively work with borrowers. [read post]
20 Jul 2023, 7:04 pm by Sabrina I. Pacifici
Over the coming years, customers of banks and credit unions that sign up for the service should be able to use their financial institution’s mobile app, website, and other interfaces to send instant payments quickly and securely. [read post]
15 May 2013, 5:00 am by Nicole Kellner-Swick
Statistics related to credit union membership belie these trends; according to the National Credit Union Administration a federal agency, which oversees federal credit unions, credit union membership in the United States grew by 743,000 in the third quarter of 2012. [read post]
25 Sep 2010, 9:00 pm
" This week the credit unions got their bailout, and it's one of the most outrageous because the federal government funnels about $3 billion into credit unions every year, even in good years, by granting them undeserved tax exemptions. [read post]
31 Mar 2022, 12:54 pm by John L. Culhane, Jr.
In a new lawsuit filed in a California federal district court, a recipient of Deferred Action for Childhood Arrivals (DACA) alleges that a credit union violated the Civil Rights Act of 1866 (42 U.S.C. [read post]
10 Feb 2009, 5:19 pm
At least 135 banks and credit unions are reporting that their customer credit and debit cards were among those breached by intruders who hacked Heartland Payment Services last year. [read post]
10 Nov 2010, 1:00 am by Mala Mason
Reg-Flex originated in 2002 when NCUA decided to grant certain federal credit unions that had demonstrated sustained superior performance some specific exemptions from regulatory restrictions in 10 different areas (charitable contributions, nonmember depositions, fixed assets, MBLs, discretionary control of investments, stress testing of investments, zero-coupon securities, borrowing repurchase transactions; commercial mortgage related securities, and… [read post]
19 Jul 2011, 6:23 am
Now, according to a report, two banks, JPMorgan and RBS, are being sued by the National Credit Union Administration (NCUA) for "untrue statements of material fact," or "omitted to state material facts" which is against federal and state securities laws. [read post]
19 Aug 2021, 6:36 am by Patrick J. Boot
The National Credit Union Administration (NCUA) recently published a request for information in the Federal Register that encourages credit unions and other industry participants to provide information on the current and potential impact of digital assets and related technologies on federal credit unions. [read post]
3 Apr 2014, 2:30 am by wwrmarketing
Based on current law a loan of this nature counts against a federal credit union’s MBL cap of 12.5% of total assets. [read post]
2 Jul 2015, 7:51 am by Joy Waltemath
Additionally, the credit monitoring services that OPM provided have not only fallen short, but actually created more potential security risks for employees. [read post]