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WASHINGTON - Five of the nation's leading public interest groups have called on the Securities and Exchange Commission to appoint an auditor oversight board made up entirely of individuals who are "strong, unwavering advocates of audit reform." The Consumer Federation of America, Consumer Action, U.S. Public Interest Research Group Consumers...

ST. LOUIS, Mo. - Jennifer Brownrigg immersed herself in the financial trenches as an intern at Educational Employees Credit Union. Through the African American Credit Union Coalition's internship program, the Florida A&M University graduate student got a hands-on approach in a number of departments at the credit union this summer,...

Experts are wondering when CUs are going to learn that third-party audits are a necessary component of IT security. See pages 18-19.

With a number of ethical problems hitting Corporate America, Congress is showing that it too has some laundry to clean. See pages 3 and 8.

WASHINGTON-On the coat tails of a related announcement by the Federal Deposit Insurance Corp., CUNA has suggested that NCUA expand the role of the agency's ombudsman. Carol Bullock presently serves in the position at. CUNA's Examination and Supervision Subcommittee has long supported this change, CUNA President and CEO Dan Mica...

WASHINGTON-Credit unions have more to lose than other financial institutions when it comes to the reaffirmation provisions in the bankruptcy reform bill (H.R. 333). Congress is running out of time on its fifth try in recent history to get a reform package passed. According to CUNA Vice President and Senior...

ARLINGTON, Va. - Misperceptions about the relative risk and costs of so-called loyalty or benefits programs have prevented many credit unions that issue cards from adding them, said credit union card experts. But increasing competition from other credit card issuers has helped induce a growing number of institutions to offer...

TAMPA, Fla. - One size does not fit all when it comes to security. Dan Juneau, SVP for information security firm CastleGarde said security is a process not a product and credit unions should be wary of cookie cutter products. "People are spending thousands of dollars on policy templates that...