CUNA-led Litigation Results in Nationwide Stay of the CFPB’s 1071 Rule
Credit unions are now protected by a nationwide injunction preventing implementation of the Consumer Financial Protection Bureau’s Section 1071 rule, thanks to quick legal action by CUNA, Cornerstone League and Rally Credit Union of Corpus Cristi, Texas.
Banking’s Hidden Risk: Cyber Insurance Coverage Gaps, Exclusions, and Denied Claims
Cyber insurance has become essential in the past few years, with regulators expecting it of their credit unions, and many credit unions expecting it of borrowers. However, there are gaps in insurance that can leave businesses, and in turn credit unions, open to risk, says expert Brett Helm.
