Author archive for Marketing GrafWebCUSO

  • Cyber Hacks Cost Up to $109 Billion in 2016, U.S. Estimates

    Malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016, the White House said Friday.…

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  • House Financial Services Members Circulate Draft Data Security Legislation

    Two members of the House Financial Services Committee—one Republican and one Democrat—are circulating draft legislation that would set a national…

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  • Sen. Hatch, the Banker & the Credit Union Tax Exemption

    Sen. Orrin Hatch’s (R-Utah) recent broadside against the credit union tax exemption left a lot of people saying, “Huh?” Hatch…

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  • Tax Law Guts Fannie’s Bottom Line; Needs $3.7B From U.S.

    Fannie Mae will request an infusion of taxpayer money for the first time since 2012 because of an unintended but…

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  • NCUA Approves $735.6 Million Distribution to Credit Unions

    The NCUA board on Thursday approved a pro rata distribution of $735,678,797 to eligible credit unions—funds that are available as…

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  • Household Debt Rises for Fifth Year in a Row: NY Fed

    Increasing debt is the not only a problem for the federal government; it’s also a growing burden for U.S. consumers.…

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  • Massachusetts CEO Placed on Administrative Leave

    Shelley M. Holden, president/CEO of the $61 million Tewksbury Federal Credit Union, was placed on administrative leave after the board…

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  • CUNA Mutual Group Gives $20 Million to Nonprofits

    CUNA Mutual Group said Tuesday it has donated $20 million to help communities near its Madison, Wis., headquarters and three…

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  • Subscription Service Automates Patch Management

    Managing different patch vulnerabilities can tax lean IT departments, especially at credit unions. The launch of Boston-based Cygilant’s new security…

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  • Mulvaney Pledges to Scrub CFPB Rules to Loosen Regulation

    The CFPB intends to scrub its existing rules to determine if they strictly follow the Dodd-Frank Act and go no…

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