CUNA Chief Economist Mike Schenk discusses loan delinquency trends in America in this month’s Economic Update, and breaks down current metrics such as household debt as a percent of disposable income and the financial health of Americans.
On November 9, 2023, Warren General Hospital (“WGH”) filed a notice of data breach with the U.S. Department of Health and Human Services Office for Civil Rights after discovering that an unknown actor accessed certain WGH computer systems
MANHATTAN BEACH, Calif., Nov. 22, 2023 /PRNewswire/ -- Kinecta Federal Credit Union was joined by Rep. Maxine Waters and community leader Dr. Alice 'Sweet Alice' Harris on Sunday, November 19th, 2023, to distribute holiday meals to families in South Los Angeles. Senator Steven Bradford showed his support by visiting Kinecta while employees prepared for the distribution event. The 50th annual holiday food drive aided nearly 1,500 families at distribution events in Southern California and Rochester, New York.
Credit union loans outstanding increased 0.5% in September, compared to a 0.8% increase in August of 2023 and a 1.7% increase in September of 2022, according to CUNA's latest Monthly Credit Union Estimates.
On October 27, 2023, the Federal Trade Commission (FTC) unanimously approved an amendment to the Gramm-Leach-Bliley Act (GLBA) Safeguards Rule to require certain covered financial institutions to report a broad range of data breaches and other unauthorized data disclosures to the FTC.
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