NCUA Board to Vote on Vice Chair

NCUA Chair Debbie Matz’s designation of Rick Metsger as vice chair hit a speed bump this week, and awaits affirmation of the full board.

Forums Provide a Balanced Perspective on Policies and Procedures of Consumer-Friendly Overdraft Programs

Strategic Link strategic partner John M. Floyd & Associates how its work with the CFPB on overdraft practices has revealed a pattern regarding the use of overdraft protection and how account holders are affected by different practices.

Judge Dismisses Most Complaints in Heartland Data Breach Suit

A U.S. District Court judge dismissed most complaints brought by a number of financial institutions against Heartland Payment Systems Inc. regarding its January 2009 data breach.

Compliance Question of the Week

When are member funds presumed abandoned?