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Dueling Capitol Hill Budgets Mum on CU Tax Status
Credit union advocates in Washington say there is no mention of the credit union tax exemption in either of the latest budget proposals released by Republicans and Democrats.  Read More


5 Tips for Protecting Against DDoS Attacks
Distributed denial-of-service attacks aim to bring portions of a network down by bombarding the network with requests, and U.S. financial institutions have been prime targets, hit by attacks that rendered their websites unavailable to customers.  Read More

These five tips can help maintain your financial institution’s network and cyber security posture while decreasing the risk and potential collateral damage of DDoS attacks.  Read More

Privacy Notice Reduction Bill Passes House
The Eliminate Privacy Notice Confusion Act passed the House late Tuesday, by voice vote.  H.R. 749 would amend the Gramm-Leach-Bliley Act by eliminating a requirement that privacy policy notices be mailed to consumers annually. Should the bill pass the Senate and be signed by President Barack Obama, the privacy mailing would only be required of financial institutions if the policy had changed.  Read More

NCUA Board Clarifying Proposed Fixed Assets Rule
The NCUA’s proposed rule regarding federal credit union ownership of fixed assets doesn’t make any substantive changes to the rule; rather, it merely clarifies the regulation so credit unions better understand how to comply.  Read More

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