This week: NAFCU tracks House floor action, hearings, HFSC markup
This week, both the House and Senate are in session and NAFCU will remain engaged with lawmakers on the industry’s top priorities. The House’s suspension calendar for tomorrow ...
The latest from Lauren Culp
Video: Combating fraud
Randy Romes, principal at CliftonLarsonAllen, provided insights on fraud prevention during an interview at CUNA Management School. He provides an update on the latest developments in social engineering and offers ...
NCUA Board issues asset and supervision threshold final rule, receives mid-session budget briefing
The NCUA Board met Thursday where a briefing on the 2022 mid-session budget revealed the projected Operating Budget surplus for 2022 is around $18 million. In addition, the board unanimously ...
Banks start using information-sharing tools to detect financial crime
Banks have long struggled to spot illicit transactions among the multitudes they process daily because criminals move dirty money from one institution to another to cover their tracks, leaving compliance ...
S&P 500 is flat to kick off a big week of earnings, Fed meeting ahead
U.S. equities wavered on Monday, coming off a positive week for the major averages as traders braced for the busiest week of corporate earnings, as well as insights into ...
Q2-3 2022 municipal bond market update
The municipal bond market continued its downward trajectory in the second quarter, resulting in the worst first half in the history of the bond market, which dates to 1812. The ...
NCUA follows banking regulators, proposes cyber incident notification rule
Last fall, major federal banking regulators issued a final rule that imposed new cyber incident notification requirements on banks. While that rule does not apply to credit unions, cyber incident ...
Senate marijuana bill includes new CDFI program, marijuana banking
The long-awaited Senate Democratic marijuana legislation would allow marijuana banking and would establish a new Community Development Financial Institution (CDFI) program to provide grants to communities that have been impacted ...