NASCUS Report

Kronos Cyber Attack Sparks Lawsuits Against Employers

Courtesy of Zack Needles, Credit Union Times Like malware and computer viruses themselves, the consequences of cyberbreaches have a way of spreading in unpredictable ways. A recent ransomware attack on...

Filene Info Session – Housing Insecurity: A Pervasive Problem

Housing was once the most common way most families-built wealth in America, but today, it is a primary driver of financial insecurity for millions of people. The problem of housing...

Ballot Proposal Would Cap ‘Predatory’ Interest Rates for Payday Loans

Courtesy of By Samuel J. Robinson, MLive.com A ballot committee is working to put a question on the November ballot that would stop payday lenders from charging “predatory” interest rates...

Crypto: a SWOT Analysis for Credit Unions

Late last month, the Filene Research Institute published a report on “The Path Forward for Crypto: What Credit Unions Need to Know“. Cryptocurrencies offer innovative possibilities but also pose many...

Members Only: NASCUS Posts Summaries on NCUA LTCUs and Risk Alerts

Letter to Credit Unions 22-CU-06: NCUA to Begin Phase 2 of Resuming Onsite Operations April 2022 Based on new guidance from the Centers for Disease Control and Prevention (CDC) and...

OPINION: What if Overdrafts Are Eliminated?

Courtesy of Moebs $ervices, moebs.com The result would be: 678.2 Million debit cards purchases of gas, groceries, dentist, etc., would be declined. 60 Million Americans’ ACH payments returned NSF for...

FFIEC Releases 2021 Annual Report

The Federal Financial Institutions Examination Council (FFIEC) released its 2021 Annual Report this week. Click here to read the full report. Introductory Message from FFIEC Chairman Todd Harper I am...

Partner Event: Filene DEI Research Event

Feb. 7, 2022 — In early December 2021, Filene published insights from its first DEI Practices & Policies Survey. This survey was launched to study Diversity, Equity, and Inclusion (DEI) credit...

Partner Story: World Council of Credit Unions Shares Changes in Digital Regulations

Feb. 7, 2022 — Last week, the World Council of Credit Unions (WOCCU) shared a blog post highlighting the ways international standard-setting entities are now accelerating changes to digitalization policies “that...

BRIEFLY: Job openings in WA; GAO sees little adverse impact from leveraged lending; Holiday schedule for <i>NASCUS Report</i>

(Dec. 18, 2020) The Credit Union Department of the Washington Department of Financial Institutions has two job openings (which are posted on nascus.org right now): Financial Examiner 2-3 and Financial...