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Top 10 News Now stories for December
MADISON, Wis. (1/3/13)--An article advising users that no sensitive personal information from was accessed or compromised in a hacking attack was the most read News Now story in December.

The top 10 articles in December included:

10. Passage of CUNA-backed ATM bill means relief for CUs

WASHINGTON (12/12/12)--Tuesday's unanimous consent passage of a bill removing duplicative ATM disclosure requirements "represents a substantial realization of regulatory relief that will have an impact on every credit union that owns an ATM--while having no adverse effect on consumers," Credit Union National Association (CUNA) President/CEO Bill Cheney said. CUNA strongly backed the bill.

9. CUNA action call urges CUs to oppose TAG bill

WASHINGTON (12/6/12)--In a new call to action, CUNA is encouraging its member credit unions and leagues across the country to contact and urge their senators to oppose legislation that would extend for banks the Transaction Account Guarantee program.

8. Appeals court issues ruling in Wells Fargo overdraft case

SAN FRANCISCO (12/28/12)--The U.S. Court of Appeals for the Ninth Circuit has reversed in part a lower court's order requiring Wells Fargo Bank to cease charging overdraft fees based on its posting debit-card transactions in high-to-low order.

7. Beware of hotel room security threat

NEW YORK (12/18/12)--Thieves have developed a simple device that can unlock room doors at some of the most popular hotel chains, potentially putting you and your belongings at risk (NBC Today: Rossen Report Dec. 6).

6. Arkansas, Oklahoma, Texas leagues intend to consolidate

FARMERS BRANCH, Texas (12/17/12)--The boards of the Arkansas Credit Union League, the Credit Union Association of Oklahoma and the Texas Credit Union League announced today they intend to pursue consolidation into a single regional league operating as Cornerstone Credit Union League.

5. CFPB proposes remittance changes, delayed effective date

WASHINGTON (12/21/12)--The Consumer Financial Protection Bureau on Friday released proposed revisions to its pending international remittance regulations that agency director Richard Cordray said "will ensure consumers have continued access to remittance transfer services while making compliance easier for remittance transfer providers."

4. CUs do it right (again) in satisfaction survey

BOSTON (12/19/12)--U.S. credit unions continue to achieve much higher satisfaction and advocacy rates compared to large regional and national banks, according to results announced Tuesday of the 2012 ath Power Ideal Banking Study, which assesses the retail member/customer experience at credit unions and banks nationwide.

3. TAG bill defeated in Senate

WASHINGTON (12/13/12)--Today's defeat of a Transaction Account Guarantee (TAG) extension on a budget point of order is a "death blow" to the legislation and a significant victory for the Credit Union National Association (CUNA), credit unions and state leagues across the country that aggressively opposed this bank bailout program, CUNA President/CEO Bill Cheney said.

2. President signs ATM signage bill, CFPB privacy

WASHINGTON (12/20/12)--President Barack Obama Thursday afternoon signed a bill (H.R. 4367) into law that revises Regulation E to require ATM fee disclosures only need to be presented on an ATM's screen. The new law eliminates a duplicative provision that required a physical notice also be posted on the ATM, a requirement that has created legal and financial issues for some credit unions and other financial institutions.

1. CUNA notifies website users of broad hacking attack

WASHINGTON and MADISON, Wis. (12/11/12)--CUNA is advising thousands of users of its website that no sensitive personal information from was accessed or otherwise compromised in a hacking attack that--in addition to CUNA--also affected 30 or more additional organizations, U.S. government agencies, industry and other trade associations.


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