News

WASHINGTON - One year after hijackers took over and plunged American Airlines Flight 77 into the Pentagon, Tracy Reynolds manages conference services at ASET International, a firm that provides language translation for events in the Washington D.C. area. But on the day of the attack Reynolds was in the air...

NEW YORK - Mary Spink serves as Treasurer of the National Federation of Community Development Credit Unions and on the board of directors of the Lower East Side Federal Credit Union. "That's what I do for free," she said, chuckling. But in her other life she manages a public housing...

WASHINGTON-According to Financial Crime Enforcement Network (FinCEN) data, suspicious activity reporting has increased dramatically since last September. Following the terrorist attacks last year, law enforcement discovered that terrorists were using the U.S. financial services system to help fund their activities. While Suspicious Activity Report (SAR) filing mainly stayed under 17,000...

ARLINGTON, Va. - Call it happenstance, call it what you will. When NASCUS President Doug Duerr thinks back on the chain of events that occurred on September 11, 2001, one thought crosses his mind: if he hadn't decided to make a stop at the Department of Motor Vehicles in Alexandria...

LOS ANGELES - It's almost an old story now. After 9/11 credit unions geared up their disaster recovery efforts. Here's a story of how one CU did it - in real time. Located in Los Angeles, the $480 million Farmers Insurance Group FCU already had earthquakes to worry about, but...

SPOKANE, Wash. and TULSA, Okla. - The Washington and Oklahoma credit unions leagues will be holding their 2002 annual conventions on Sept. 11 - one year to the day after the terrorist attacks in New York City and Washington, D.C. "It's definitely been a challenge to have our meeting fall...

WASHINGTON- As much as they did for anyone, the Sept. 11 terrorist attacks prompted Pentagon Federal Credit Union to re-think its crucial data backup operations. So, it turned half a continent away, to Omaha, Neb., where a new dedicated hot site has been added to the big CU's existing call...

COLUMBIA, S.C. - The focus on identity fraud expanded from a consumer problem to one of national security after Sept. 11, but despite the passage of new laws and development of new technologies, the challenge remains large. That's the take from Ariana-Michele Moore, an analyst for Boston-based Celent Communications, who...