MADISON, Wis. (1/3/14)--The Target data breach demanded News Now
readers' attention in December, with three articles making the month's Top 10 list.
The Top 10 articles for the month:
10. NCUA Prohibits Three From Future CU Work
ALEXANDRIA, Va. (12/2/13)--The National Credit Union Administration has banned three former credit union employees from participating in the affairs of any federally insured financial institution.
9. Patent Trolls' 'Growing Threat' Described to Lawmakers by CUNA
WASHINGTON (12/17/13)--Demand letters from "patent trolls" represent a great and growing threat to credit unions and other end-users of technology, John Dwyer, president/CEO of New England FCU, Williston, Vt., told the Senate Judiciary Committee this morning.
8. NCUA Approves Final Charitable Donation Account Rule
ALEXANDRIA, Va. (12/12/13)--A final rule on charitable donation accounts has been approved at this morning's just-concluded National Credit Union Administration open board meeting.
7. Final Charitable Donation Rule Leads Dec. NCUA Agenda
ALEXANDRIA, Va. (12/6/13)--A final rule on charitable donation accounts will lead the day when the National Credit Union Administration holds its final open meeting of 2013 on Dec. 12.
6. Obama to Nominate McWatters for NCUA Board
WASHINGTON (12/18/13)--Mark McWatters will be President Barack Obama's pick to fill a National Credit Union Administration board seat when it is vacated by board member Michael Fryzel, whose term ended Aug. 2 this year.
5. CUNA Urges CUs to Collect Data on Costs of Breach
WASHINGTON and MADISON, Wis. (12/27/13)--Credit unions should keep a tally of the costs incurred from fraud and replacement of the debit and credit cards compromised in the recent Target data breach so they can report it later, said the Credit Union National Association. CUNA plans to open a data collection website next week and will provide further details as soon as it becomes available.
4. NCUA TCCUSF Oversight Budget Is $4.5M
ALEXANDRIA, Va. (12/12/13)--The 2014 Temporary Corporate Credit Union Stabilization Fund Oversight Budget will be just over $4.5 million, the National Credit Union Administration said at this morning's open board meeting.
3. CUNA Unveils Major Speaker for GAC 2014
WASHINGTON (12/17/13)--The Credit Union National Association is making a major announcement about a speaker of international renown slated for the 2014 Governmental Affairs Conference.
2. CUNA Working to Determine Impact of Target Breach on CUs
WASHINGTON (12/20/13)--The Credit Union National Association's regulatory staff is working with CO-OP Financial Services, CUNA Mutual Group and others, including PSCU, Financial Services Information Sharing (FS-ISAC), Visa and MasterCard, to determine the potential impact on credit unions and their members related to the massive data breach confirmed Thursday at retail giant Target.1. CUs Impacted in Target Breach Get Risk Mitigation Tips
MADISON, Wis. (12/23/13)--As the Credit Union National Association works with other entities in the industry to monitor new developments in the widespread Target stores data breach and provide up-to-date information to help mitigate the risks to credit unions, new information has shed light on what credit unions will need to do--both for themselves and their members.