Obama to Nominate McWatters to Export-Import Bank Board, Leaving NCUA Vacancy if Confirmed

President Barack Obama announced his intent to nominate J. Mark McWatters to the Board of Directors of the Export-Import Bank of the United States. If McWatters is confirmed, that leaves a vacancy on the NCUA Board, where he has served for less than 18 months.

Obama to Nominate McWatters to Export-Import Bank Board, Leaving NCUA Vacancy if Confirmed

President Barack Obama announced his intent to nominate J. Mark McWatters to the Board of Directors of the Export-Import Bank of the United States. If McWatters is confirmed, that leaves a vacancy on the NCUA Board, where he has served for less than 18 months.

Significant Credit Card Security Breach Uncovered

Visa and MasterCard notified card-issuing credit unions and banks last week of a massive data breach involving Global Payments Inc., a third-party payment processor that Visa has already removed from its list of “compliant service providers.”

Oregon Legislative Update: Pat Allen Confirmed as Director of Oregon DCBS

This Oregon Legislative Update outlines the latest action in the current legislative session, which includes the passage of two mortgage bills out of a Senate committee and the confirmation of Pat Allen as director of the Oregon DCBS.

Citibank Confirms Hacking Attack

The breach exposed the names of customers, account numbers and contact information of around 210,000 individuals.