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PROPER DATA BREACH NOTIFICATIONS
updated 06/22/14 09:42 AM
What to Include for Members
What information does a credit union need to include in a data breach notification?

The answer lies in California Civil Code Sections 1798.80-.84, which states that the security breach notification must be written in plain language and include a number of other disclosures.

Click here to find out more within the Asked and Answered column on Page 18 in the June/July edition of Credit Union Digest!

You’ll also find helpful information on data-breach “do’s and don’ts”, as well as web links to legal codes, a sample data breach letter, and CUNA’s compliance blog.

 
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CELEBRATE 100 MILLION MEMBERSHIPS updated 07/24/14 03:42 PM
National Awareness Campaign
The credit union movement is on pace to reach 100 million memberships this summer. To commemorate this milestone, the Credit Union National Association (CUNA) launched the “100 Million Memberships” campaign, and invites all credit unions to participate.

ECONOMY 'WELL POSITIONED AND READY' updated 07/23/14 02:06 PM
CUs Can Target Growth Areas
As the economy expands throughout the latter half of 2014, credit unions should focus particularly on the largest employment sectors and growth in these areas, according to California and Nevada Credit Union Leagues Chief Economist Dwight Johnston in his latest Credit Union Digest column.

STORY ON CONGRESSMAN ISSA CLARIFIED updated 07/22/14 11:53 AM
'Misrepresents Facts,' Dykstra Says
Some within the credit union industry may have read the recently published Credit Union Times article regarding remarks from Rep. Darrell Issa, R-CA, in relation to the credit union movement.

GIGI HYLAND TALKS PHILOSOPHY AT WCMS updated 07/21/14 04:11 PM
Foundation Leader Addresses Colloquium
The foundational philosophy of credit unions isn’t dead. But keeping true to the movement’s ideology means staying nimble in how it’s executed and harboring an open mind to change.