NASCUS Report Archives
CMG Risk Alert: Ensure Remote Employees are Working in a Safe Environment
June 2, 2022 – As remote work and flexible work arrangements skyrocketed during the COVID-19 pandemic, the latest risk alert from CUNA Mutual Group warns that there is the potential...
Crypto Scammers Pose as Journalists, NFT Projects on Twitter
Thieves rely on profiles that appear legitimate to dupe users Americans reported $1.6 billion in stolen crypto last year Internet scammers are using hijacked accounts on Twitter Inc. to promote dubious cryptocurrency...
Member Benefit: NCUA Summaries
NASCUS has issued two summaries this week based on NCUA activities. Summaries require member log-in to review. The first was in response to Revised Guidance: Loans in Areas Having Special...
NASCUS Summary: NCUA Board Meeting
May 26, 2022 — The board meeting opened with a moment of silence in light of the recent tragedies across the country. The meeting agenda included one item for discussion...
The Federal Reserve Releases the May 2022 Financial Stability Report
The Fed’s Board of Governors released the May 2022 Financial Stability Report, which presents key insights into the state of the American economy. What did the Federal Reserve’s latest decisive...
Senate Approves Dr. Lisa Cook as First Black Woman on Federal Reserve Board of Governors
The Senate confirmed economist Lisa Cook on Tuesday to serve on the Federal Reserve’s board of governors, making her the first Black woman to do so in the institution’s 108-year...
Decline in Customer Satisfaction Continues but at a Slower Pace, ACSI Data Show
May 10, 2022 — Customer satisfaction in the U.S. is now at its lowest level in 17 years, sliding 0.1% to a score of 73.2 (out of 100) in the...
Filene Issues Report on Climate Change
The Changing Climate for Credit Unions Climate change is one of the most important—if not the most important—challenges of the twenty-first century. Transformational change is necessary to confront and adapt...
Apple Pumps $25 Million Into Credit Unions & MDIs
The tech giant is working with fintech CNote to help underserved communities. The multinational technology company Apple, maybe best known for the iPhone, announced Thursday that it is working with...
Senators Demand Answers from Fidelity Over Plan to Allow Bitcoin As Part of 401(k) Accounts
Two senators are raising concerns following an announcement by Fidelity that it will allow customers to allocate bitcoin to their 401(k) retirement accounts. Sen. Elizabeth Warren (D-MA) and Sen. Tina...
Fed Hikes Rates Half-Point as Powell Signals Similar Moves Ahead
Courtesy of Matthew Boesler and Steve Matthews, Bloomberg Interest-rate increase marks largest upward move since 2000 Stocks rally as Powell pushes back on 75 basis-point Fed move The Federal Reserve...
You Can Now Ask Google to Take Your Personal Data Out of Its Search Results
Google is offering a new tool to anyone who doesn’t want their phone number, email or street address and other personal information to be found online: People can ask for...