CUNA News Now Headlines
Credit Union National Association News Now Headlines

• TJX settlement approved by Visa FIs
  Financial institutions representing more than 95% of eligible U.S. Visa accounts potentially affected by The TJX Cos. data breach have accepted an alternative recovery offer under TJX's previously announced settlement, Visa told CUNA Thursday.
• More CU phish tales surface
  More phish tales from credit unions in three states surfaced this week, just as reports from a nationwide survey announced that 3.6 million U.S. consumers lost $3.2 billion in online phishing attacks this year.
• Mica: History shows CUs benefit consumers
  CUNA President/CEO Dan Mica said results of a new study underscores that credit unions are as relevant today as when the U.S. movement began--nearly 100 years ago.
• House financial committee leaders to speak at GAC
  House Financial Services Committee Chairman Barney Frank (D-Mass.) and Ranking Member Spencer Bachus (R-Ala.) have joined the growing list of speakers for CUNA's 2008 Governmental Affairs Conference.
• Payday lender quits Pennsylvania
  A payday lending company announced it is pulling out of Pennsylvania and will close its 66 stores currently operating in the state, says the Pennsylvania Credit Union Association (PCUA).
• State senator testifies on need for Ohio CU legislation
  Testimony on credit union modernization legislation in Ohio, Senate Bill 247, was conducted Dec. 13.
• Michigan raises small-CU threshold to $35 million
  Trustees of the Michigan Credit Union Foundation have changed the asset-size threshold for small credit unions' eligibility for scholarships to $35 million.
• CUNA closed Monday and Tuesday, no News Now
  In observance of the holidays, CUNA's Washington, D.C., and Madison, Wis., offices will be closed Monday and Tuesday. News Now will not publish on those days but will resume regular publication on Wednesday.