MADISON, Wis. (5/2/13)--An article about the Credit Union National Association alerting credit unions to "chatter" detected about a potential widespread Distributed Denial of Service attack that could be planned for May 7 was the most read News Now
article in April.
The Top 10 articles for the month:10. TCUF Assessing Situation After Explosion In Central Texas
FARMERS BRANCH, Texas (4/18/13)--The Texas Credit Union Foundation says it is poised to help those credit unions and their employees impacted by the explosion at a fertilizer plant in the town of West.9. Survey: 88% of ATM Owners Not Ready For Global Standards
SIOUX FALLS, S.D. (4/30/13)--Survey results confirm that ATM owners' concerns about the ATM liability shift that went into effect a week ago are justified, the ATM Industry Association announced Monday.8. Cost Of Reg Burden Gets Human Face From CUNA Witness
WASHINGTON (4/10/13)--The overwhelming regulatory burden, and the difficulty of raising capital, have made it more difficult for her credit union to reach out effectively to the Hispanic community in her area, the Credit Union National Association's witness told a hearing today on providing credit unions with regulatory relief.7. NCUA Sets Ethics Standard For Its Employees
ALEXANDRIA, Va. (4/18/13)--The National Credit Union Administration has enhanced its employee ethics standards, adding new rules that would prevent its workers, including examiners, from taking on additional credit union employment to avoid potential conflicts of interest.6. Super Glue Latest ATM Skimmers' Weapon
SPOKANE VALLEY, Wash. (4/30/13)--Super glue is the latest weapon of choice among ATM skimmers--thieves who put devices on ATMs to skim personal identification numbers from cards used at ATMs, according to Numerica CU.5. CU Participants At Boston Marathon Are Safe
BOSTON (4/16/13)--While credit unions maintained a presence at yesterday's Boston Marathon, no credit union representatives were reported injured as a result of the explosions that tore through the finish line of the race on Monday, killing at least two people and injuring dozens more.4. Bank of America Settles With NCUA, Bringing Total Securities Suit Gains To $335M
ALEXANDRIA, Va. (UPDATED: 4/3/13, 10:20 a.m. ET)--Bank of America has agreed to pay $165 million to the National Credit Union Administration to settle an outstanding NCUA securities lawsuit. This settlement will bring the total amount of funds recovered from agency securities lawsuits to more than $335 million, according to the NCUA.3. TDR Guidance Released For NCUA Examiners
ALEXANDRIA, Va. (4/3/13)--The National Credit Union Administration has shared with credit unions guidance it provided to agency examiners on how to review loan workouts, nonaccrual policies, and regulatory reporting of troubled debt restructurings.2. Surcharge Bans Continue To Gain Momentum
MADISON, Wis. (4/2/13)--The number of states considering bans on imposing a surcharge on credit/debit cards is gaining momentum. At least 18 states are considering such proposals, with one measure reaching a governor's desk. That's in addition to 10 states with laws already on their books.1. CUNA Warns Of Potential Denial Of Service Attack
MADISON, Wis. (4/26/13)--With the increasing prevalence of Distributed Denial of Service (DDoS) cyberattacks, the Credit Union National Association is alerting credit unions to "chatter" that has been detected about a potential widespread attack that could be planned for May 7.