News

SACRAMENTO, Calif. -- The data breach law that the California legislature has passed and sent to the governor does not include a requirement that retailers who experience a data breach reimburse card issuers for the costs of replacing the compromised cards, according to a California credit union lobbyist.

ROCKVILLE, Md. -- Prince George's Community FCU and Healthcare Systems FCU are now using a Web-based risk management solution for managing vendor relationships.

BETHESDA, Md. -- Allpoint Network, the nationwide ATM network that provides ATM access surcharge free to the cardholder in exchange for a fee from the card issuer, will move into more than 5,500 ATMs in 7-Eleven stores around the country.

ALEXANDRIA, Va. -- NCUA Chairman Michael Fryzel announced today that Sarah Vega will take on the role as chief of staff and senior policy adviser to the chairman.

ST. PAUL, Minn. -- A bleak environment for House and Senate Republicans could be improved because of the presence of two appealing mavericks at the top of the ticket, according to two GOP leaders.

WASHINGTON -- The Securities and Exchange Commission today charged two Wall Street brokers with defrauding their customers when making more than $1 billion in unauthorized purchases of subprime-related auction rate securities.

SAN JOSE, Calif. -- Former California Credit Union League executive Matt Davidson was chosen by the NCUSIF to take the conservatorship CEO position at $257 million Valley Credit Union.

HONOLULU -- Rather than submit an application for a national trade, industry and profession charter, Aloha Airlines Federal Credit Union opted to keep its reach within the air transportation industry in Hawaii.